InnSuites Hospitality Trust (NYSE-American: IHT) is a hospitality real estate investment trust, organized as an unincorporated Ohio trust on June 21, 1971 and headquartered in Phoenix, Arizona, that owns interests in and operates two hotel properties in Arizona and New Mexico. Revenue comes from hotel room rentals, food and beverage sales, and ancillary hotel income, supplemented by management services and trademark license fees provided through its majority-owned subsidiary RRF Limited Liability Limited Partnership. As of January 31, 2026, the Trust holds a 79.18% sole general partner interest in RRF LLLP, which controls a 51.69% interest in the Tucson, Arizona hotel, while the Trust directly holds a 21.90% interest in the Albuquerque, New Mexico hotel. Both properties operate under Best Western branding. The Trust also holds a minority investment in UniGen Power, Inc., a clean energy electricity generation company, and manages an option to purchase an independent boutique hotel reservation and services business. The Trust is taxed as a C-corporation, not as a REIT for federal tax purposes. Leadership includes James F. Wirth as Chairman and Chief Executive Officer and Sylvin Lange as Chief Financial Officer.
- Revenue model
- Hotel room revenue (transactional, per-night), food and beverage sales, other hotel ancillary income, management service fees, and trademark license fees charged to the two Trust-affiliated hotel properties.
- Products and services
- Hotel accommodations and suites at two properties: Best Western InnSuites Tucson Foothills Hotel & Suites (6201 N Oracle Rd., Tucson, AZ) and Best Western InnSuites Albuquerque Airport Hotel & Suites (2400 Yale Blvd SE, Albuquerque, NM). Hotel management services and trademark licensing provided via RRF LLLP. Minority investment in UniGen Power, Inc. clean energy electricity generation. Option to purchase interest in an independent boutique hotel reservation and services business.
- Customers and end markets
- Hotel guests, including leisure and business travelers, in the Tucson, Arizona and Albuquerque, New Mexico markets. Demand is subject to hotel occupancy fluctuations, seasonality, oil prices, travel industry conditions, and macroeconomic factors including inflation and government travel levels.
- Value-chain role
- Hotel owner-operator and franchisor-adjacent: the Trust owns partnership interests in two hotels, operates them through RRF LLLP, and provides management services and trademark licensing to those properties. It is a direct operator, not a pure franchisor or passive REIT investor.
- Geographic exposure
- Arizona (Tucson) and New Mexico (Albuquerque). Trust is headquartered in Phoenix, Arizona. No international operations disclosed in the filing.
Source: SEC 10-K, filed 2026-05-19
Industry:
Real Estate Investment Trusts
Peers:
Braemar Hotels & Resorts Inc
Ashford Hospitality Trust Inc
HERSHA HOSPITALITY TRUST
Host Hotels and Resorts, Inc
Sotherly Hotels Inc