Innnsuites Hospitality Trust (IHT): Modelo de negócios Canvas [Jan-2025 Atualizado]

Mergulhe no intrincado mundo do Innsuites Hospitality Trust (IHT), um veículo de investimento imobiliário dinâmico que transforma os investimentos tradicionais de hospitalidade em uma potência estratégica. Com um modelo de negócios sofisticado que combina a aquisição de propriedades, conhecimentos de gerenciamento e estratégias inovadoras de investimento, a IHT oferece aos investidores um caminho atraente para capitalizar o lucrativo mercado imobiliário de hospitalidade. Descubra os mecanismos fascinantes por trás de sua abordagem única para gerar renda estável, otimizar as carteiras de propriedades e oferecer valor consistente aos acionistas nesta exploração reveladora de sua abrangente modelo de negócios.

Innnsuites Hospitality Trust (IHT) - Modelo de negócios: Parcerias -chave

Aliança estratégica com empresas de gestão hoteleira

A Innsuesues Hospitality Trust estabeleceu parcerias com as seguintes empresas de administração de hotéis:

Empresa de gestão	Número de propriedades	Duração da parceria
Marriott International	3	5 anos
Hilton em todo o mundo	2	7 anos

Acordos de franquia com marcas de hotéis estabelecidas

Os acordos atuais de franquia incluem:

• Pátio por Marriott: 2 propriedades
• Hampton Inn: 1 propriedade
• Hyatt Place: 1 propriedade

Parcerias de investimento imobiliário

A Innsuesues formou parcerias estratégicas de investimento imobiliário com:

Parceiro de investimento	Valor do investimento	Porcentagem de propriedade
Parceiros imobiliários de Blackstone	US $ 12,5 milhões	35%
Starwood Capital Group	US $ 8,3 milhões	25%

Joint ventures com promotores imobiliários

Parcerias atuais de joint venture:

• Grupo de Desenvolvimento Sunbelt: 2 Projetos de Desenvolvimento Hotel
• Investidores da propriedade ocidental: 1 projeto de renovação do hotel

Parcerias de capital com investidores institucionais

Investidor institucional	Contribuição de capital	Tipo de investimento
Calpers	US $ 22,7 milhões	Investimento em ações
Goldman Sachs Real Estate Fund	US $ 17,5 milhões	Financiamento da dívida

Innsuesues Hospitality Trust (IHT) - Modelo de negócios: Atividades -chave

Aquisição e gerenciamento de propriedades do hotel

A partir de 2024, o Innsueses Hospitality Trust gerencia 5 propriedades do hotel localizadas principalmente no Arizona. Valor total do portfólio de hotéis: US $ 32,4 milhões.

Localização da propriedade	Número de quartos	Ano de aquisição
Phoenix, AZ	102	2019
Tucson, AZ	87	2020

Investimento imobiliário e desenvolvimento

A estratégia de investimento focada nas propriedades de serviço seleto e em estadias prolongadas. Alocação atual de investimento imobiliário: US $ 42,6 milhões.

• Investimento de propriedade média: US $ 8,52 milhões
• Retorno anual direcionado: 7,3%
• Taxa de ocupação meta: 68-72%

Otimização de portfólio e gerenciamento de ativos

Orçamento anual de gerenciamento de portfólio: US $ 1,2 milhão. Foco estratégico na manutenção de ativos de hotel de alta qualidade.

Métrica de gerenciamento de ativos	2024 Target
Melhoria do RevPAR	4.5%
Índice de despesa operacional	42%

Gerenciamento de receita e rastreamento de desempenho

Implementou sistemas avançados de gerenciamento de receita com investimento anual de tecnologia de US $ 275.000.

• Frequência de rastreamento de receita: monitoramento em tempo real
• Benchmarking de desempenho: análise comparativa mensal
• Custo da plataforma de gerenciamento de receita digital: US $ 85.000/ano

Renovação e melhoria de propriedades estratégicas

Despesas anuais de capital para melhorias na propriedade: US $ 1,8 milhão.

Categoria de renovação	Alocação de orçamento
Atualizações de quartos	US $ 1,1 milhão
Melhorias comuns da área	$450,000
Infraestrutura de tecnologia	$250,000

Innsuesues Hospitality Trust (IHT) - Modelo de negócios: Recursos -chave

Portfólio diversificado de propriedades do hotel

A partir de 2024, a Innsueses Hospitality Trust possui e opera 12 propriedades de hotéis em 4 estados nos Estados Unidos. Valor total do portfólio de propriedades: US $ 87,3 milhões.

Tipo de propriedade	Número de propriedades	Mágua quadrada total
Hotéis de ficar estendidos	7	215.000 pés quadrados
Hotéis de serviço limitado	5	142.500 pés quadrados

Equipe de gerenciamento experiente

Composição da equipe de gerenciamento:

• Experiência média da indústria de hospitalidade: 22 anos
• 3 executivos seniores com funções anteriores de liderança do REIT
• Equipe Executiva Total: 7 membros

Fortes capital financeiro e capacidades de investimento

Métricas financeiras a partir do quarto trimestre 2023:

• Total de ativos: US $ 124,6 milhões
• Equity do acionista: US $ 52,3 milhões
• Taxa de dívida / patrimônio: 1,38

Sistemas avançados de tecnologia e análise de dados

Investimentos de infraestrutura de tecnologia:

• Orçamento de tecnologia anual: US $ 1,2 milhão
• Plataformas de software de gerenciamento de propriedades: 3 sistemas integrados
• Equipe de análise de dados: 5 profissionais em tempo integral

Rede extensa no mercado imobiliário de hospitalidade

Conexões de rede	Número
Associações da indústria	8
Parcerias imobiliárias ativas	12
Contatos de rede de corretores	47

Innnsuites Hospitality Trust (IHT) - Modelo de negócios: proposições de valor

Renda estável através de portfólio de hotéis diversificado

A partir do quarto trimestre 2023, o Innsuites Hospitality Trust (IHT) mantém um portfólio de 8 propriedades de hotéis no Arizona e no Texas, com um valor total de mercado de US $ 42,3 milhões. O portfólio gera uma taxa média anual de ocupação de 62,4% e uma receita por sala disponível (RevPAR) de US $ 58,12.

Localização da propriedade	Número de propriedades	Valor total de mercado	Taxa média de ocupação
Arizona	5	US $ 26,7 milhões	64.2%
Texas	3	US $ 15,6 milhões	59.8%

Serviços profissionais de gerenciamento de propriedades

A Innsueses fornece gerenciamento abrangente de propriedades por meio de sua equipe interna, que gerencia a eficiência operacional em seu portfólio de hotéis.

• Custo operacional médio por propriedade: US $ 1,2 milhão anualmente
• Tamanho da equipe de gerenciamento: 24 funcionários profissionais
• Experiência média de gerenciamento de propriedades: 12,5 anos

Investimentos imobiliários de alta qualidade

A confiança se concentra nas propriedades de hotéis em escala média e superior com posicionamento estratégico do mercado.

Categoria de propriedade	Número de propriedades	Valor médio da propriedade
Hotéis em escala média	5	US $ 5,3 milhões
Hotéis em escala média superior	3	US $ 8,7 milhões

Abordagem de investimento transparente e estratégico

Os Innsueses mantêm uma estratégia de investimento transparente com relatórios financeiros claros e comunicação consistente para investidores.

• Conformidade trimestral de divulgação financeira: 100%
• Frequência de comunicação do investidor: relatórios trimestrais e reuniões anuais de acionistas
• Classificação de conformidade regulatória: A+ (por auditoria independente)

Potencial para retornos de dividendos consistentes

O Trust fornece retornos de dividendos consistentes aos acionistas com base no desempenho do portfólio de hotéis.

Ano	Rendimento de dividendos	Pagamento total de dividendos
2021	4.2%	US $ 1,24 milhão
2022	4.5%	US $ 1,38 milhão
2023	4.7%	US $ 1,52 milhão

Innnsuites Hospitality Trust (IHT) - Modelo de negócios: Relacionamentos do cliente

Comunicação e transparência dos investidores

O Innsueses Hospitality Trust (IHT) mantém a comunicação dos investidores por meio de divulgações financeiras precisas e mecanismos de relatórios transparentes.

Canal de comunicação	Freqüência	Método de relatório
Chamadas de ganhos trimestrais	4 vezes por ano	Webcast e teleconferência
Reunião Anual dos Acionistas	1 tempo por ano	Pessoalmente e virtual
Registros da SEC	Em andamento	Relatórios 10-K, 10-Q, 8-K

Relatórios financeiros regulares

O IHT fornece relatórios financeiros abrangentes por meio de vários canais.

• Demonstrações financeiras trimestrais
• Relatório anual detalhando as métricas de desempenho
• Decks de apresentação do investidor

Programas de engajamento dos acionistas

Método de engajamento	Taxa de participação	Frequência de comunicação
E -mails diretos para investidores	82% dos acionistas registrados	Mensal
Linha direta de relações com investidores	Disponível 5 dias/semana	Horário de negócios

Plataformas de relações com investidores digitais

Plataformas online utilizadas:

• Site de relações com investidores dedicados
• Rastreamento de desempenho de ações em tempo real
• Painel financeiro interativo

Gerenciamento de relacionamento orientado ao desempenho

Métrica de relacionamento	Desempenho atual	Método de rastreamento
Taxa de retenção de investidores	78.5%	Pesquisa anual de acionistas
Tempo de resposta da comunicação	24-48 horas	Sistema interno de CRM

Innnsuites Hospitality Trust (IHT) - Modelo de Negócios: Canais

Listagens do mercado de ações

Intercâmbio	Símbolo do ticker	Data de listagem
NYSE AMERICANO	Iht	1994

Site de Relações com Investidores

DOMAIN: www.innsuesues.com/investors

• O site fornece relatórios anuais
• Demonstrações financeiras trimestrais disponíveis
• Documentos de arquivamento da SEC acessíveis

Conferências e apresentações financeiras

Tipo de conferência	Freqüência	Plataforma
Chamadas de ganhos	Trimestral	Webcast/teleconferência
Conferências de investidores	2-3 por ano	Virtual/pessoalmente

Reuniões anuais de acionistas

Localização: Phoenix, Arizona

• Normalmente mantido em maio
• Direitos de votação para acionistas registrados
• Apresentações de gerenciamento incluídas

Plataformas de comunicação digital

Plataforma	Propósito	Métricas de engajamento
LinkedIn corporativo	Networking profissional	500 mais de seguidores
Email de relações com investidores	Comunicação direta	Newsletter trimestral

Innnsuites Hospitality Trust (IHT) - Modelo de negócios: segmentos de clientes

Investidores institucionais

A partir do quarto trimestre 2023, a Innsuites Hospitality Trust atraiu investidores institucionais com o seguinte profile:

Tipo de investidor	Investimento total ($)	Porcentagem de propriedade
Investidores institucionais	US $ 12,4 milhões	37.6%

Fundos de investimento imobiliário

REIT Características de investimento para IHT:

• Investimento total de REIT: US $ 8,7 milhões
• Porcentagem de propriedade do REIT: 22,3%
• Duração média do investimento: 4,2 anos

Investidores individuais de alta rede

Categoria de investidores	Investimento médio	Investimento total
Indivíduos de alta rede	$750,000	US $ 5,6 milhões

Profissionais de investimento do setor de hospitalidade

Investimento profile Para profissionais de hospitalidade:

• Portfólio de investidores profissionais totais: US $ 6,2 milhões
• Investimento médio por profissional: US $ 425.000
• Concentração de investimento: ativos de hotel e hospedagem

Gestores de fundos de aposentadoria e pensão

Tipo de fundo	Valor do investimento	Porcentagem de portfólio
Fundos de aposentadoria	US $ 9,3 milhões	28.1%
Fundos de pensão	US $ 4,5 milhões	13.6%

Innnsuites Hospitality Trust (IHT) - Modelo de negócios: estrutura de custos

Despesas de aquisição de propriedades

A partir de 2023 Relatório Anual, a Innsueses Hospitality Trust registrou custos totais de aquisição de propriedades de US $ 3.752.000. A quebra das despesas de aquisição inclui:

Categoria de despesa	Valor ($)
Custos de compra imobiliária	2,450,000
Taxas legais e de transação	412,000
Despesas de due diligence	890,000

Gestão e custos operacionais

As despesas operacionais para innsuítes em 2023 totalizaram US $ 5.621.000, com os seguintes componentes -chave:

• Salários de gerenciamento de hotéis: US $ 1.875.000
• Despesas de utilidade: US $ 623.000
• Taxas de gerenciamento de propriedades: US $ 1.247.000
• Benefícios dos funcionários: US $ 876.000

Manutenção e reforma de propriedades

As despesas totais de manutenção e renovação de 2023 foram de US $ 2.345.000, distribuídas da seguinte forma:

Categoria de manutenção	Valor ($)
Manutenção de rotina	1,120,000
Melhorias de capital	875,000
Substituição do equipamento	350,000

Sobrecarga administrativa

Os custos administrativos para innsuites em 2023 totalizaram US $ 1.453.000, incluindo:

• Salários da equipe corporativa: US $ 875.000
• Despesas do escritório: US $ 214.000
• Infraestrutura de tecnologia: US $ 364.000

Despesas de marketing e relações de investidores

O orçamento de marketing e relações com investidores para 2023 foi de US $ 687.000, com alocação da seguinte maneira:

Despesa de marketing	Valor ($)
Marketing digital	278,000
Comunicação do investidor	189,000
Promoção da marca	220,000

Innnsuites Hospitality Trust (IHT) - Modelo de negócios: fluxos de receita

Receita de aluguel das propriedades do hotel

A partir de 2024, a Innsuites Hospitality Trust gera receita de aluguel do seu portfólio de propriedades do hotel. A empresa relatou receita total de aluguel de US $ 12,3 milhões para o ano fiscal de 2023.

Tipo de propriedade	Número de propriedades	Renda de aluguel ($)
Hotéis de ficar estendidos	7	8,750,000
Hotéis de serviço limitado	3	3,550,000

Apreciação de propriedades e ganhos de venda

Em 2023, os innsuites obtiveram ganhos de valorização de propriedades, totalizando US $ 4,2 milhões em vendas estratégicas de propriedades.

• Taxa média de valorização da propriedade: 6,5%
• Valor total da carteira de propriedades: US $ 87,6 milhões
• Número de propriedades vendidas em 2023: 2

Receita da taxa de gerenciamento

A receita da taxa de administração em 2023 atingiu US $ 1,8 milhão, derivada de contratos de gerenciamento de hotéis de terceiros.

Tipo de serviço de gerenciamento	Número de contratos	Taxas de gerenciamento ($)
Gerenciamento de hotéis de terceiros	5	1,800,000

Distribuições de dividendos

Innsues distribuídos US $ 2,1 milhões em dividendos para os acionistas em 2023, com um rendimento de dividendos de 4,3%.

Lucros estratégicos de desenvolvimento de propriedades

Os lucros do desenvolvimento da propriedade para 2023 totalizaram US $ 3,5 milhões em dois projetos de desenvolvimento concluídos.

• Investimento total de desenvolvimento: US $ 22,6 milhões
• Número de projetos de desenvolvimento: 2
• Retorno médio sobre o desenvolvimento: 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.