Company Description
InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business.
Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS.
IHT has paid dividends each year since 1971 currently at $0.2/year. There are approximately 9 million shares of stock outstanding.
In addition, there are approximately 3 million RRF Partnership units convertible 1 to 1 into IHT stock.
Total shares and units are approximately 12 million. While seeking diversification IHT became aware of the UniGen (UPI) efficient clean natural gas powered liquid cooled electric generator innovative company start up which benefited from a similar air cooled engine experience previously developed by another company in years past unable to survive the 2008 economic downturn.
UniGen started in January 2020 to do the final design on the two production engines which have been proceeding on time and on budget in spite of the economic slowdown.
Sales for 30 engines are already on the books of UniGen. IHT invested $1 million in a 6% convertible bond partially secured by one of the companies two prototypes.
As part of this agreement IHT also received a total of 1.7 million warrants exercisable at One dollar per share for 1.5 million of the warrants and at $2.25 per share fo r the remaining 200,000 warrants.
| Country | United States |
| Founded | 1971 |
| Industry | REIT - Hotel & Motel |
| Sector | Real Estate |
| Employees | 79 |
| CEO | James Wirth |
Contact Details
Address: InnSuites Hotels Centre, 1730 East Northern Avenue, Suite 122 Phoenix, Arizona 85020-3921 United States | |
| Phone | 602 944 1500 |
| Website | innsuitestrust.com |
Stock Details
| Ticker Symbol | IHT |
| Exchange | NYSEAMERICAN |
| Fiscal Year | February - January |
| Reporting Currency | USD |
| CIK Code | 0000082473 |
| CUSIP Number | 457919108 |
| ISIN Number | US4579191085 |
| Employer ID | 34-6647590 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| James F. Wirth | Chairman, President and Chief Executive Officer |
| Marc E. Berg | Vice Chairman, Executive Vice President, Treasurer and Secretary |
| Sylvin R. Lange | Chief Financial Officer, Director of Finance and Principal Accounting Officer |
| Calvin Quick | Vice President of Operations |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 13, 2025 | 144 | Filing |
| May 1, 2025 | 10-K | Annual Report |
| Jan 10, 2025 | 8-K | Current Report |
| Dec 16, 2024 | 10-Q | Quarterly Report |
| Sep 16, 2024 | 10-Q | Quarterly Report |
| Aug 30, 2024 | RW | Filing |
| Aug 19, 2024 | 8-K | Current Report |
| Jul 10, 2024 | ARS | Filing |
| Jul 3, 2024 | 8-K | Current Report |
| Jul 3, 2024 | DEF 14A | Other definitive proxy statements |