InnSuites Hospitality Trust (IHT): Business Model Canvas

Tauchen Sie ein in die komplexe Welt des InnSuites Hospitality Trust (IHT), einem dynamischen Immobilieninvestitionsinstrument, das traditionelle Investitionen im Gastgewerbe in ein strategisches Kraftpaket verwandelt. Mit einem ausgefeilten Geschäftsmodell, das Immobilienerwerb, Management-Know-how und innovative Anlagestrategien vereint, bietet IHT Investoren einen überzeugenden Weg, vom lukrativen Markt für Hotelimmobilien zu profitieren. Entdecken Sie die faszinierenden Mechanismen hinter ihrem einzigartigen Ansatz zur Generierung stabiler Erträge, zur Optimierung von Immobilienportfolios und zur Bereitstellung konsistenter Werte für Aktionäre in dieser aufschlussreichen Erkundung ihres umfassenden Business Model Canvas.

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Allianz mit Hotelmanagementunternehmen

InnSuites Hospitality Trust hat Partnerschaften mit den folgenden Hotelmanagementunternehmen aufgebaut:

Verwaltungsgesellschaft	Anzahl der Eigenschaften	Dauer der Partnerschaft
Marriott International	3	5 Jahre
Hilton weltweit	2	7 Jahre

Franchiseverträge mit etablierten Hotelmarken

Zu den aktuellen Franchiseverträgen gehören:

• Courtyard by Marriott: 2 Unterkünfte
• Hampton Inn: 1 Unterkunft
• Hyatt Place: 1 Unterkunft

Immobilieninvestitionspartnerschaften

InnSuites hat strategische Immobilieninvestitionspartnerschaften geschlossen mit:

Investmentpartner	Investitionsbetrag	Eigentumsprozentsatz
Blackstone Real Estate Partners	12,5 Millionen US-Dollar	35%
Starwood Capital Group	8,3 Millionen US-Dollar	25%

Joint Ventures mit Immobilienentwicklern

Aktuelle Joint-Venture-Partnerschaften:

• Sunbelt Development Group: 2 Hotelentwicklungsprojekte
• Western Property Investors: 1 Hotelrenovierungsprojekt

Kapitalpartnerschaften mit institutionellen Investoren

Institutioneller Investor	Kapitaleinlage	Anlagetyp
CalPERS	22,7 Millionen US-Dollar	Eigenkapitalinvestition
Goldman Sachs Immobilienfonds	17,5 Millionen US-Dollar	Schuldenfinanzierung

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Hauptaktivitäten

Erwerb und Verwaltung von Hotelimmobilien

Ab 2024 verwaltet InnSuites Hospitality Trust fünf Hotelimmobilien, die sich hauptsächlich in Arizona befinden. Gesamtwert des Hotelportfolios: 32,4 Millionen US-Dollar.

Standort der Immobilie	Anzahl der Zimmer	Erwerbsjahr
Phoenix, AZ	102	2019
Tucson, AZ	87	2020

Immobilieninvestitionen und -entwicklung

Die Anlagestrategie konzentrierte sich auf Hotelimmobilien mit ausgewähltem Service und Langzeitaufenthalten. Aktuelle Immobilieninvestitionsallokation: 42,6 Millionen US-Dollar.

• Durchschnittliche Immobilieninvestition: 8,52 Millionen US-Dollar
• Angestrebte jährliche Rendite: 7,3 %
• Auslastungsziel: 68-72 %

Portfoliooptimierung und Asset Management

Jährliches Portfoliomanagementbudget: 1,2 Millionen US-Dollar. Strategischer Fokus auf die Erhaltung hochwertiger Hotelanlagen.

Asset-Management-Metrik	Ziel 2024
RevPAR-Verbesserung	4.5%
Betriebskostenquote	42%

Revenue Management und Performance-Tracking

Implementierung fortschrittlicher Revenue-Management-Systeme mit einer jährlichen Technologieinvestition von 275.000 US-Dollar.

• Häufigkeit der Umsatzverfolgung: Echtzeitüberwachung
• Leistungsbenchmarking: Monatliche Vergleichsanalyse
• Kosten der digitalen Revenue-Management-Plattform: 85.000 $/Jahr

Strategische Immobilienrenovierung und -verbesserung

Jährliche Investitionsausgaben für Immobilienverbesserungen: 1,8 Millionen US-Dollar.

Kategorie „Renovierung“.	Budgetzuweisung
Zimmer-Upgrades	1,1 Millionen US-Dollar
Verbesserungen im Gemeinschaftsbereich	$450,000
Technologieinfrastruktur	$250,000

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Schlüsselressourcen

Vielfältiges Portfolio an Hotelimmobilien

Ab 2024 besitzt und betreibt InnSuites Hospitality Trust 12 Hotelimmobilien in 4 Bundesstaaten der Vereinigten Staaten. Gesamtwert des Immobilienportfolios: 87,3 Millionen US-Dollar.

Immobilientyp	Anzahl der Eigenschaften	Gesamtquadratzahl
Hotels für Langzeitaufenthalte	7	215.000 Quadratfuß
Hotels mit eingeschränktem Service	5	142.500 Quadratfuß

Erfahrenes Management-Team

Zusammensetzung des Managementteams:

• Durchschnittliche Erfahrung in der Hotelbranche: 22 Jahre
• 3 leitende Angestellte mit früheren REIT-Führungspositionen
• Gesamtes Führungsteam: 7 Mitglieder

Starkes Finanzkapital und Investitionsmöglichkeiten

Finanzkennzahlen ab Q4 2023:

• Gesamtvermögen: 124,6 Millionen US-Dollar
• Eigenkapital: 52,3 Millionen US-Dollar
• Verhältnis von Schulden zu Eigenkapital: 1,38

Fortschrittliche Technologie- und Datenanalysesysteme

Investitionen in die Technologieinfrastruktur:

• Jährliches Technologiebudget: 1,2 Millionen US-Dollar
• Softwareplattformen für die Immobilienverwaltung: 3 integrierte Systeme
• Datenanalyseteam: 5 Vollzeitprofis

Umfangreiches Netzwerk im Hotelimmobilienmarkt

Netzwerkverbindungen	Nummer
Branchenverbände	8
Aktive Immobilienpartnerschaften	12
Kontakte zum Maklernetzwerk	47

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Wertversprechen

Stabiles Einkommen durch diversifiziertes Hotelportfolio

Im vierten Quartal 2023 unterhält InnSuites Hospitality Trust (IHT) ein Portfolio von 8 Hotelimmobilien in Arizona und Texas mit einem Gesamtmarktwert von 42,3 Millionen US-Dollar. Das Portfolio generiert eine durchschnittliche jährliche Auslastung von 62,4 % und einen Umsatz pro verfügbarem Zimmer (RevPAR) von 58,12 $.

Standort der Immobilie	Anzahl der Eigenschaften	Gesamtmarktwert	Durchschnittliche Auslastung
Arizona	5	26,7 Millionen US-Dollar	64.2%
Texas	3	15,6 Millionen US-Dollar	59.8%

Professionelle Immobilienverwaltungsdienste

InnSuites bietet umfassendes Immobilienmanagement durch sein internes Team, das die betriebliche Effizienz seines gesamten Hotelportfolios verwaltet.

• Durchschnittliche Betriebskosten pro Immobilie: 1,2 Millionen US-Dollar pro Jahr
• Größe des Managementteams: 24 professionelle Mitarbeiter
• Durchschnittliche Erfahrung in der Immobilienverwaltung: 12,5 Jahre

Hochwertige Investitionen in Hotelimmobilien

Der Fokus des Trusts liegt auf Hotelimmobilien der mittleren und gehobenen Mittelklasse mit strategischer Marktpositionierung.

Eigenschaftskategorie	Anzahl der Eigenschaften	Durchschnittlicher Immobilienwert
Mittelklassehotels	5	5,3 Millionen US-Dollar
Hotels der gehobenen Mittelklasse	3	8,7 Millionen US-Dollar

Transparenter und strategischer Anlageansatz

InnSuites pflegt eine transparente Anlagestrategie mit klarer Finanzberichterstattung und konsistenter Anlegerkommunikation.

• Einhaltung der vierteljährlichen Finanzoffenlegung: 100 %
• Häufigkeit der Anlegerkommunikation: Quartalsberichte und jährliche Aktionärsversammlungen
• Bewertung der Einhaltung gesetzlicher Vorschriften: A+ (laut unabhängiger Prüfung)

Potenzial für konstante Dividendenrenditen

Der Trust bietet den Aktionären konstante Dividendenrenditen basierend auf der Leistung des Hotelportfolios.

Jahr	Dividendenrendite	Gesamtausschüttung der Dividende
2021	4.2%	1,24 Millionen US-Dollar
2022	4.5%	1,38 Millionen US-Dollar
2023	4.7%	1,52 Millionen US-Dollar

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Kundenbeziehungen

Anlegerkommunikation und Transparenz

InnSuites Hospitality Trust (IHT) sorgt für die Anlegerkommunikation durch präzise Finanzoffenlegungen und transparente Berichtsmechanismen.

Kommunikationskanal	Häufigkeit	Berichtsmethode
Vierteljährliche Gewinnaufrufe	4 Mal im Jahr	Webcast und Telefonkonferenz
Jahreshauptversammlung	1 Mal pro Jahr	Persönlich und virtuell
SEC-Einreichungen	Laufend	10-K-, 10-Q-, 8-K-Berichte

Regelmäßige Finanzberichterstattung

IHT bietet umfassende Finanzberichte über mehrere Kanäle.

• Vierteljährliche Finanzberichte
• Jahresbericht mit detaillierten Leistungskennzahlen
• Präsentationsdecks für Investoren

Aktionärsbindungsprogramme

Engagement-Methode	Teilnahmequote	Kommunikationshäufigkeit
Direkte E-Mails an Investoren	82 % der eingetragenen Aktionäre	Monatlich
Investor-Relations-Hotline	Verfügbar 5 Tage/Woche	Geschäftszeiten

Digitale Investor-Relations-Plattformen

Genutzte Online-Plattformen:

• Spezielle Investor-Relations-Website
• Verfolgung der Aktienperformance in Echtzeit
• Interaktives Finanz-Dashboard

Leistungsorientiertes Beziehungsmanagement

Beziehungsmetrik	Aktuelle Leistung	Tracking-Methode
Anlegerbindungsrate	78.5%	Jährliche Aktionärsumfrage
Kommunikationsreaktionszeit	24-48 Stunden	Internes CRM-System

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Kanäle

Börsennotierungen

Austausch	Tickersymbol	Listungsdatum
NYSE-Amerikaner	IHT	1994

Investor-Relations-Website

Domain: www.innsuites.com/investors

• Die Website bietet Jahresberichte
• Quartalsabschlüsse verfügbar
• SEC-Einreichungsdokumente zugänglich

Finanzkonferenzen und Präsentationen

Konferenztyp	Häufigkeit	Plattform
Gewinnaufrufe	Vierteljährlich	Webcast/Telefonkonferenz
Investorenkonferenzen	2-3 pro Jahr	Virtuell/persönlich

Jahreshauptversammlungen

Standort: Phoenix, Arizona

• Findet normalerweise im Mai statt
• Stimmrecht für eingetragene Aktionäre
• Managementpräsentationen inklusive

Digitale Kommunikationsplattformen

Plattform	Zweck	Engagement-Kennzahlen
Corporate LinkedIn	Professionelles Networking	Über 500 Follower
Investor-Relations-E-Mail	Direkte Kommunikation	Vierteljährlicher Newsletter

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Kundensegmente

Institutionelle Anleger

Im vierten Quartal 2023 lockte der InnSuites Hospitality Trust institutionelle Anleger mit den folgenden Angeboten an profile:

Anlegertyp	Gesamtinvestition ($)	Prozentsatz des Eigentums
Institutionelle Anleger	12,4 Millionen US-Dollar	37.6%

Immobilien-Investmentfonds

REIT-Investitionsmerkmale für IHT:

• Gesamtinvestition in den REIT: 8,7 Millionen US-Dollar
• REIT-Beteiligungsquote: 22,3 %
• Durchschnittliche Anlagedauer: 4,2 Jahre

Vermögende Privatanleger

Anlegerkategorie	Durchschnittliche Investition	Gesamtinvestition
Vermögende Privatpersonen	$750,000	5,6 Millionen US-Dollar

Investmentprofis für den Gastgewerbesektor

Investition profile für Hotelfachleute:

• Gesamtportfolio professioneller Anleger: 6,2 Millionen US-Dollar
• Durchschnittliche Investition pro Profi: 425.000 $
• Investitionskonzentration: Hotel- und Beherbergungsanlagen

Renten- und Pensionsfondsmanager

Fondstyp	Investitionsbetrag	Prozentsatz des Portfolios
Altersvorsorgefonds	9,3 Millionen US-Dollar	28.1%
Pensionskassen	4,5 Millionen US-Dollar	13.6%

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Kostenstruktur

Kosten für den Immobilienerwerb

Im Jahresbericht 2023 meldete InnSuites Hospitality Trust Gesamtkosten für den Erwerb von Immobilien in Höhe von 3.752.000 US-Dollar. Die Aufschlüsselung der Abschlusskosten umfasst:

Ausgabenkategorie	Betrag ($)
Kosten für den Immobilienkauf	2,450,000
Rechts- und Transaktionsgebühren	412,000
Due-Diligence-Kosten	890,000

Management- und Betriebskosten

Die Betriebsausgaben für InnSuites beliefen sich im Jahr 2023 auf insgesamt 5.621.000 US-Dollar, mit den folgenden Schlüsselkomponenten:

• Gehälter für Hotelmanagement: 1.875.000 US-Dollar
• Nebenkosten: 623.000 $
• Immobilienverwaltungsgebühren: 1.247.000 $
• Leistungen an Arbeitnehmer: 876.000 US-Dollar

Instandhaltung und Renovierung von Immobilien

Die gesamten Wartungs- und Renovierungskosten beliefen sich im Jahr 2023 auf 2.345.000 US-Dollar und verteilten sich wie folgt:

Wartungskategorie	Betrag ($)
Routinewartung	1,120,000
Kapitalverbesserungen	875,000
Geräteaustausch	350,000

Verwaltungsaufwand

Die Verwaltungskosten für InnSuites beliefen sich im Jahr 2023 auf 1.453.000 US-Dollar, darunter:

• Gehälter der Unternehmensmitarbeiter: 875.000 US-Dollar
• Bürokosten: 214.000 $
• Technologieinfrastruktur: 364.000 US-Dollar

Ausgaben für Marketing und Investor Relations

Das Marketing- und Investor-Relations-Budget für 2023 belief sich auf 687.000 US-Dollar, die Zuteilung erfolgte wie folgt:

Marketingkosten	Betrag ($)
Digitales Marketing	278,000
Investorenkommunikation	189,000
Markenwerbung	220,000

InnSuites Hospitality Trust (IHT) – Geschäftsmodell: Einnahmequellen

Mieteinnahmen aus Hotelimmobilien

Ab 2024 generiert InnSuites Hospitality Trust Mieteinnahmen aus seinem Hotelimmobilienportfolio. Das Unternehmen meldete für das Geschäftsjahr 2023 einen Gesamtmietumsatz von 12,3 Millionen US-Dollar.

Immobilientyp	Anzahl der Eigenschaften	Mieteinnahmen ($)
Hotels für Langzeitaufenthalte	7	8,750,000
Hotels mit eingeschränktem Service	3	3,550,000

Immobilienwertsteigerung und Verkaufsgewinne

Im Jahr 2023 erzielte InnSuites durch strategische Immobilienverkäufe Immobilienwertsteigerungsgewinne in Höhe von insgesamt 4,2 Millionen US-Dollar.

• Durchschnittliche Immobilienwertsteigerungsrate: 6,5 %
• Gesamtwert des Immobilienportfolios: 87,6 Millionen US-Dollar
• Anzahl verkaufter Immobilien im Jahr 2023: 2

Einnahmen aus Verwaltungsgebühren

Die Einnahmen aus Verwaltungsgebühren für 2023 beliefen sich auf 1,8 Millionen US-Dollar und stammen aus Hotelmanagementverträgen Dritter.

Verwaltungsdiensttyp	Anzahl der Verträge	Verwaltungsgebühren ($)
Hotelmanagement von Drittanbietern	5	1,800,000

Dividendenausschüttungen

InnSuites verteilt 2,1 Millionen US-Dollar an Dividenden an die Aktionäre im Jahr 2023 mit einer Dividendenrendite von 4,3 %.

Strategische Gewinne aus der Immobilienentwicklung

Der Gewinn aus der Immobilienentwicklung für 2023 belief sich auf 3,5 Millionen US-Dollar aus zwei abgeschlossenen Entwicklungsprojekten.

• Gesamtinvestition in die Entwicklung: 22,6 Millionen US-Dollar
• Anzahl Entwicklungsprojekte: 2
• Durchschnittliche Entwicklungsrendite: 15,5 %

InnSuites Hospitality Trust (IHT) - Canvas Business Model: Value Propositions

You're looking at the core value InnSuites Hospitality Trust (IHT) delivers to its customers and investors as of late 2025. It centers on reliable, mid-range lodging supported by shareholder returns and future-facing investments.

Moderate-service lodging in key Southwest US markets

InnSuites Hospitality Trust provides lodging services, with hotel operations showing specific financial metrics for the Fiscal Year 2025 ended January 31, 2025. Total Revenues for that fiscal year reached approximately $7.6 million. You see the Tucson and Albuquerque Hotels performing well, generating around $1.6 million combined in February and March of 2025, which covers the first two months of the current fiscal year. For the First Fiscal Half of 2026, covering February 1, 2025, to July 31, 2025, Total Revenue was approximately $4,004,635.

Operational improvements are evident in the metrics from Fiscal Year 2025:

• The Combined Hotel Average Daily Rate (ADR) increased by $2.22.
• This ADR increase represents a 2.28% jump from the prior Fiscal Year.
• Combined Revenue Per Available Room (REVPAR) improved by $0.36.
• That REVPAR improvement equates to a 0.49% gain.

Complimentary guest amenities like breakfast and social hours

The value proposition includes specific guest perks that enhance the moderate-service offering. While the exact cost of these amenities isn't broken out, operational efficiencies support their continued provision. For instance, annualized insurance costs saw a significant reduction, dropping from $450,000 down to approximately $100,000, resulting in savings of about $350,000 for the current Fiscal Year. This focus on cost control helps maintain the value package. The amenities provided include:

• Complimentary breakfast service.
• Complimentary social hours for guests.
• Management by RRF LLLP, a subsidiary of InnSuites Hospitality Trust.

Shareholder value via uninterrupted semi-annual dividends

InnSuites Hospitality Trust maintains a commitment to its shareholders through consistent dividend payments. The company announced a semi-annual dividend of $0.0100 per share on July 9, 2025, payable on August 7, 2025, to shareholders of record as of July 25, 2025. This continues an uninterrupted 55-year history of annual dividends. The annual dividend equates to $0.02 per share, with a reported yield around 1.55% to 1.56% as of late 2025.

Here's a quick look at the recent dividend schedule:

Metric	Value
Semi-Annual Dividend Amount	$0.0100 per share
Most Recent Payment Date	August 7, 2025
Most Recent Ex-Dividend Date	July 25, 2025
Consecutive Years of Annual Dividends	55 years
Annual Dividend (Sum of two semi-annual payments)	$0.02 per share

Potential long-term growth from clean energy diversification

A key element of the long-term value proposition is the diversification investment made in late 2019 into UniGen Power, Inc. (UniGen), which develops clean energy generation innovation. InnSuites Hospitality Trust holds convertible bonds and warrants in UniGen. If fully exercised, these instruments could result in InnSuites Hospitality Trust holding an ownership stake of approximately up to 15-20% or more in UniGen. Management points to the high profit potential ahead from this clean energy diversification as a reason for optimism, especially given projections that electricity demand may approximately double over the next five years due to data centers and electric cars.

The company is also actively managing its hotel portfolio through its subsidiary, RRF LLLP, which obtained a five-year option to purchase, at cost, IBC Hotels, LLC, following its purchase by an affiliated entity in March 2025.

For context on the overall financial picture as of the reporting dates, consider these figures:

Financial Indicator	Reporting Period	Amount
Total Revenues	Fiscal Year 2025 (ended Jan 31, 2025)	Approximately $7.6 million
Total Revenue	First Fiscal Half 2026 (ended Jul 31, 2025)	Approximately $4,004,635
Consolidated Net Income (before non-cash items)	First Fiscal Half 2026 (ended Jul 31, 2025)	Approximately $75,000
Annualized Insurance Cost Savings	Current Fiscal Year vs. Prior Year	Approximately $350,000
Dividend Payout Ratio based on Cash Flow	Trailing Year	40.80%

InnSuites Hospitality Trust (IHT) - Canvas Business Model: Customer Relationships

You're looking at how InnSuites Hospitality Trust (IHT) manages its relationship with guests and owners right now, based on their latest filings as of late 2025. It's a mix of brand affiliation, direct transactions, and formal shareholder governance.

Transactional hotel bookings via direct and third-party channels

The core relationship is transactional, driven by stays at the 270 hotel suites across the two hotels in Arizona and New Mexico, which operate under the federally trademarked "InnSuites" name and the "Best Western" brand name. The performance metrics show the volume and value coming through these channels.

Metric	Period/Date	Amount/Value
Total Revenues (Fiscal Year 2025)	FY Ended Jan 31, 2025	Approximately $7.6 million
Hotel Revenue (First Fiscal Half 2026)	Feb 1, 2025, to Jul 31, 2025	Exceeded $4 million
Total Revenue (First Fiscal Half 2026)	Feb 1, 2025, to Jul 31, 2025	Approximately $4,004,635
Combined Hotel Revenue (Feb/Mar 2025)	First Two Months of FY 2026	Around $1.6 million
August Hotel Revenue Record	August 2025	$547,571
Hotel Revenue Total (First Seven Months FY 2026)	Feb 1, 2025, through Jul 31, 2025	$4,552,206
Combined REVPAR Improvement	FY 2025 vs. Prior Year	0.49%

The Average Daily Rate (ADR) saw a modest increase, which is a good sign for pricing power in the market.

• Fiscal 2025 Combined Hotel Average Daily Rate (ADR) increase: 2.28%

Loyalty program participation through Best Western Rewards

InnSuites Hospitality Trust is tied to the Best Western ecosystem, which means participation in the Best Western Rewards loyalty program is a key part of the guest relationship, even if the specific direct booking percentage isn't public. We know the relationship has a financial impact recognized in the books.

• The financial reporting for the 2026 First Fiscal Half accounted for a non-cash expense related to Best Western Rewards Guest Vouchers.
• Best Western Hotels & Resorts, part of BWH Hotels, continues to bolster its loyalty program, which is recognized as award-winning.
• The parent brand was recognized as one of the World's Best Brands 2025 by TIME, based on a survey of over 90,000 consumers.

Direct engagement with shareholders regarding dividends and strategy

The relationship with shareholders is formalized through annual meetings and consistent dividend policy, showing a commitment to capital return despite a recent net loss in Fiscal Year 2025.

The Board of Trustees actively communicates through filings and meetings, as seen in the 2025 Annual Meeting results.

• Semi-annual dividend declared: $0.01 per share.
• This payment continues an uninterrupted 55-year history of annual dividends.
• Shares present at the August 14, 2025, Annual Meeting: 7,172,442 (in person or by proxy).
• Total Shares issued and outstanding as of the July 3, 2025, record date: 8,763,485.
• Shareholder approval for re-election of Board of Trustee Members exceeded 95% of Shares Voted.
• Shareholders voted for a three-year interval for the advisory executive compensation vote ("Say-on-Pay Frequency").

If you're tracking shareholder sentiment, the high approval rates on key governance items suggest alignment with the current Board of Trustees.

InnSuites Hospitality Trust (IHT) - Canvas Business Model: Channels

You're looking at how InnSuites Hospitality Trust (IHT) gets rooms in front of guests and moves real estate assets. The channels are a mix of brand affiliation, third-party digital platforms, and direct customer outreach. For context, IHT's total revenues for Fiscal Year 2025 (ending January 31, 2025) reached approximately $7.6 million, showing growth from the prior year. The two core hotels-Tucson and Albuquerque-kicked off the next fiscal year strong, with combined revenue of approximately $4,004,635 for the First Fiscal Half of 2026 (February 1, 2025, to July 31, 2025).

Best Western global reservation and marketing system

The primary distribution backbone for IHT's owned properties is the Best Western affiliation. Both the Tucson Foothills Hotel & Suites and the Albuquerque Airport Hotel & Suites are branded through membership agreements with Best Western International, Inc.. This means a significant portion of bookings flows through that system. IHT pays fees to Best Western based on two main factors:

• Use of the Best Western reservation system.
• The total number of available suites at the Hotels.

This channel provides immediate global reach, though it comes with mandatory quality requirements and associated costs. The reliance on this system is structural, given IHT's ownership interests: a 51.01% stake in the Tucson property and a 20.33% stake in the Albuquerque property, both operating under the Best Western InnSuites banner.

Online Travel Agencies (OTAs) for room distribution

While the Best Western system is key, like the rest of the industry, IHT definitely uses Online Travel Agencies (OTAs) to capture demand. Globally, OTAs hold a 55% share of the travel booking market, compared to 45% for direct suppliers. For IHT, this channel is critical for filling rooms when direct or brand-system bookings fall short. The challenge, as seen in broader 2025 market data, is that while OTAs drive volume, direct bookings consistently show higher average values.

Here's a look at the general market dynamics that influence IHT's OTA strategy in 2025:

Metric	2025 Global Market Data Point
Global Average Daily Rate (ADR)	$162.16
OTA Market Share of Bookings	55%
Share of Bookings Made Directly with Hotels	45%
Share of Travelers Visiting an OTA Before Purchase	80%

Direct booking via the hotel's website and phone

Driving direct bookings is the financial imperative because they bypass the commission structures of OTAs and, to some extent, the fee structure of the Best Western system. You want to see more of the $7.6 million in Fiscal Year 2025 revenue flow through this channel. Direct bookings are supported by loyalty programs and personalized offers, which is where IHT's own branding, InnSuites Hotels and Suites, comes into play alongside the Best Western brand.

The push for direct bookings is a near-term action because, generally, direct bookings bring in higher average revenue per transaction compared to OTA bookings. IHT's management is focused on operational efficiency, evidenced by reducing annualized insurance costs from $450,000 to approximately $100,000 for the current Fiscal Year, saving about $350,000, which frees up capital to invest in direct marketing efforts.

• Direct bookings offer higher Average Value per booking.
• Phone reservations remain a channel for specific, high-touch customer service.
• Website optimization supports the push for direct conversion.

SuiteHotelsRealty.com for hotel property disposition efforts

This channel serves a completely different purpose: capital recycling through the sale of hotel properties, which is a key function for a Trust structure. SuiteHotelsRealty.com is the platform used for these disposition efforts. While I don't have a specific 2025 transaction volume for this site, IHT has a history of strategic sales to manage its asset base. For example, in 2004, IHT sold a 160-unit hotel for $6.8 million and another property for $9.7 million. The channel's existence signals an active strategy to monetize real estate holdings when market conditions are right, which is a critical component of the overall business model separate from daily room revenue.

Finance: draft 13-week cash view by Friday.

InnSuites Hospitality Trust (IHT) - Canvas Business Model: Customer Segments

You're looking at the core groups InnSuites Hospitality Trust (IHT) serves as of late 2025, which is a mix of direct hotel guests, investors, and independent hotel operators needing support.

Moderate-budget leisure and business travelers in Arizona/New Mexico form the primary, direct customer base for the owned and managed hotel assets. These travelers are served by the two core hotel properties located in the Southwest region.

• Aggregate hotel suites across the two properties: 270 hotel suites as of January 31, 2025.
• Occupancy rate for Fiscal Year 2025: 74.58%.
• Combined Hotel Average Daily Rate (ADR) for Fiscal Year 2025: $99.68.
• Combined Revenue Per Available Room (REVPAR) for Fiscal Year 2025: $74.34.
• Total Revenues for Fiscal Year 2025: approximately $7.6 million.
• Hotel Revenue for the First Fiscal Half of 2026 (Feb 1, 2025, to Jul 31, 2025): approximately $4,004,635.
• Food and beverage revenue saw an increase of 35% in Q1 2025.

The properties include the Best Western InnSuites Tucson Foothills Hotel & Suites in Tucson, Arizona, and the Best Western InnSuites Albuquerque Airport Hotel & Suites in Albuquerque, New Mexico. IHT operates three hotels and provides management services for three hotels overall.

Value-focused individual and institutional investors are the second segment, interested in the Trust's performance and dividend history.

Here's the quick math on the investment profile as of late 2025:

Metric	Value (Late 2025 Data)
Market Cap	US$11.077m
Implied Market Cap	US$15.091m
Shares Outstanding	11.98m
Consecutive Annual Dividends Paid	55 years
Forward Annual Dividend Payout	$0.01

The Trust paid semi-annual dividends on February 5, 2025, and August 7, 2025.

Independent hotels seeking management and reservation services (via IBC) represent a diversification customer segment. InnSuites Hospitality Trust (IHT) is participating in the revitalization of InnDependent Boutique Collection (IBC Hotels, LLC).

• RRF LLLP, IHT's management company subsidiary, was engaged to manage the IBC rebirth starting March 7, 2025.
• The target market is driven by the 'substantial unfulfilled need worldwide for independent boutique hotel and resort reservations, Boutique branding, and related hotel services'.
• Historically, IBC provided reservation services to 2,000 unrelated hospitality properties.

Finance: draft 13-week cash view by Friday.

InnSuites Hospitality Trust (IHT) - Canvas Business Model: Cost Structure

You're looking at the core costs InnSuites Hospitality Trust (IHT) is managing as it pivots its business model. The cost structure is heavily weighted toward the legacy hotel operations, even as the company pushes toward an asset-light future. These are the hard numbers you need to track.

The primary operating costs for InnSuites Hospitality Trust involve several key areas. Hotel operating expenses are dominated by payroll, guest and maintenance supplies, marketing, and utilities. To give you a concrete example from the last full fiscal year, utility expenses alone for the twelve months ended January 31, 2025, were approximately $402,000.

The costs associated with guest amenities and services are significant, reflecting the competitive nature of complimentary offerings. Specifically, hospitality expense, which includes things like complimentary breakfast-your number one most popular guest amenity-was approximately $608,000 for the twelve months ended January 31, 2025. This was an increase of about 32% from the prior year, driven by expanded offerings.

A major non-cash component of the cost structure is depreciation. For the Fiscal Year ended January 31, 2025, the non-cash depreciation expense recorded was approximately $706,000. This figure increased from approximately $679,000 the prior year due to ongoing capital expenditure investments made at the hotel properties.

Cost control efforts are evident in the administrative overhead. General and Administrative expenses were successfully reduced to $468,000 in the first quarter of 2025, down from $606,000 in Q1 2024. This reduction of about $138,000 in the quarter shows management is actively trimming corporate overhead.

Insurance is a major area where IHT has locked in near-term savings. The insurance costs for the Tucson hotel in Fiscal Year 2025 totaled approximately $450,000. Management has secured a substantial reduction for the current period, with annualized insurance costs reduced to approximately $100,000 for FY 2026, which translates to savings of about $350,000 annually.

Here is a snapshot of some of the key cost figures we just discussed for the relevant periods:

Cost Category	Period/Year	Amount
Hospitality Expense	FY Ended Jan 31, 2025	$608,000
Non-Cash Depreciation Expense	FY Ended Jan 31, 2025	$706,000
General and Administrative Expenses	Q1 2025	$468,000
Utility Expenses (Hotel OpEx component)	FY Ended Jan 31, 2025	$402,000
Projected Annualized Insurance Cost	FY 2026	$100,000

The overall expense management picture for the core hotel operations shows mixed results:

• Operating expenses decreased by 6% in Q1 2025.
• General and Administrative expenses fell by 23% in Q1 2025.
• Insurance cost reduction for FY 2026 is projected at $350,000 versus FY 2025.
• Hospitality expense increased by 32% in FY 2025.

You should keep an eye on the relationship between the high fixed costs like depreciation and the variable operating costs that are currently being aggressively managed. Finance: draft 13-week cash view by Friday.

InnSuites Hospitality Trust (IHT) - Canvas Business Model: Revenue Streams

You're looking at how InnSuites Hospitality Trust (IHT) actually brings in the money, which is always the most critical part of any business model review. Honestly, for a trust like IHT, it's a mix of core hospitality income and strategic diversification bets.

Here's a quick look at the major components that made up the top line for the Fiscal Year 2025.

Revenue Stream Component	FY 2025 Approximate Amount	Supporting Detail/Context
Hotel Room Revenue	$7,336,000	Core operating income from Tucson and Albuquerque properties.
Food and Beverage Sales	Variable (35% Q1 2025 Growth)	Ancillary service revenue showing strong short-term momentum.
Management/Licensing Fees	Not explicitly quantified for FY 2025	Income from the management company, RRF LLLP, and IBC Hotels, LLC.
UniGen Power Investment Returns	Potential Future Returns	Equity stake via convertible bonds and warrants in clean energy tech.
Total Revenue (FY 2025)	$7,594,000	The final reported top-line figure for the fiscal year.

The bread and butter, the Hotel Room Revenue, landed at approximately $7,336,000 for Fiscal Year 2025. That's the bulk of it, you see. The search data shows that the two hotels combined hit a record revenue of approximately $6,531,170 for the first ten Fiscal Months of Fiscal Year 2025, which ended October 31, 2024. Plus, for the first Fiscal Quarter of 2026, ending April 30, 2025, total revenue was about $2.2 million.

Next up, we have Food and Beverage Sales. This stream showed real zip early on; the revenue for this segment actually increased by 35% in Q1 2025. That kind of growth in an ancillary service is definitely something to watch, even if it's a smaller piece of the overall pie.

Then there are the fee-based revenues from Management and Licensing Fees from Hotel Services. This comes from IHT's management company, RRF LLLP, which also became the Management Company for InnDependent Boutique Collection (IBC Hotels, LLC). This diversification effort aims to capture revenue from global independent hotels by providing reservations and branding services.

Finally, you have the speculative but potentially high-impact stream: Potential Future Returns from the UniGen Power Investment. IHT invested $1 million in a 6% convertible bond with warrants in UniGen Power Inc. (UPI). If fully exercised, IHT could hold an ownership stake of approximately up to 15-20% or more in UniGen. The revenue here isn't realized yet, but it's a clear strategic revenue path based on projected electricity demand growth.

To give you a sense of the hotel performance driving the core revenue:

• Combined Hotel Average Daily Rate (ADR) increased by 4.37% for the first three fiscal quarters of 2025.
• Revenue Per Available Room (REVPAR) improved by 3.16% over the same period.
• The Tucson Hotel and Albuquerque Hotel generated a combined revenue of approximately $1.6 million in February and March of 2025.

The total revenue for the full Fiscal Year 2025 reached approximately $7,594,000, which was an increase from the prior fiscal year. Finance: draft 13-week cash view by Friday.