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InnSuites Hospitality Trust (IHT.A)

IHT.A on American Stock Exchange

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20 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Innsuites Hospitality Trust, unit enters into a $5.0 million business loan agreement
Thursday, 6 Jul 2017 08:39am EDT 

July 6 (Reuters) - Innsuites Hospitality Trust ::Innsuites Hospitality Trust - on June 29, unit entered into a $5.0 million business loan agreement .Innsuites Hospitality Trust - Tucson loan has a maturity date of June 19, 2042.Innsuites Hospitality Trust - loan has an initial interest rate of 4.69pct for first five years.Innsuites Hospitality Trust-after initial interest rate tucson loan has variable rate equal to U.S. treasury + 2.0pct with floor of 4.69pct, no prepayment penalty.  Full Article

Innsuites Hospitality sold innsuites Ontario California Hotel and suites property for $17.5 million
Wednesday, 7 Jun 2017 04:50pm EDT 

June 7 (Reuters) - Innsuites Hospitality Trust : :Innsuites Hospitality - ‍sold innsuites Ontario California Hotel and suites property for $17.5 million paying off total debt of approximately $7.2 million​.  Full Article

InnSuites Hospitality Trust says unit entered into purchase and sale agreement - SEC filing
Monday, 15 May 2017 07:00am EDT 

May 15 (Reuters) - InnSuites Hospitality Trust :InnSuites Hospitality Trust - on May 9, Ontario Hospitality Properties LLLP unit of co, entered into a purchase and sale agreement - SEC filing.InnSuites Hospitality Trust - unit entered into agreement to sell Best Western Innsuites Ontario Hotel, suites property to Minkum Investment Group, LLC/assignee.InnSuites Hospitality Trust - deal for $17.5 million with an estimated close on June 12, 2017.InnSuites Hospitality Trust - on May 11, Ontario entered into $5.7 million change in terms agreement to existing first mortgage loan with Arizona Bank & Trust.  Full Article

IHT posts Q1 revenue $3.64 million vs $3.46 million
Tuesday, 14 Jun 2016 05:18pm EDT 

Innsuites Hospitality Trust : IHT first fiscal quarter revenues increased; partners Stardekk, Hotelogix & Go Moment .Q1 revenue $3.64 million versus $3.46 million.  Full Article

BRIEF-Innsuites Hospitality Trust, unit enters into a $5.0 million business loan agreement

* Innsuites Hospitality Trust - on June 29, unit entered into a $5.0 million business loan agreement

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