怡途酒店信托2026年季度报告

FORM 10-Q For The Quarterly Period Ended April 30, 2026 Commission File Number 1-7062 INNSUITES HOSPITALITY TRUST(Exact name of registrant as specified in its charter) Registrant’s telephone number, including area code:(602) 944-1500 Indicate by check mark whether the registrant: (l) has filed all reports required to be filed by Section 13 or l5(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, everyInteractive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one): Accelerated filer Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Aggregate market value of Shares of Beneficial Interest held by non-affiliates of the registrant as of July 31, 2025, basedupon the closing sales price of the registrant’s Shares of Beneficial Interest on that date, as reported on the NYSE AMERICAN:$3,716,836. Number of outstanding Shares of Beneficial Interest, without par value, as of June 18, 2026: 9,402,834. Securities registered pursuant to Section 12(b) of the Act: PART I. FINANCIAL INFORMATION Item 1Legal Proceedings42Item 1ARisk Factors42 ITEM 1. FINANCIAL STATEMENTSINNSUITES HOSPITALITY TRUST AND SUBSIDIARIES INNSUITES HOSPITALITY TRUST AND SUBSIDIARIESNOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSAS OF APRIL 30, 2026, AND JANUARY 31, 2026 1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION As of April 30, 2026, InnSuites Hospitality Trust (the “Trust”, “IHT”, “we”, “us” or “our”) is a publicly traded unincorporated Ohioreal estate investment trust (REIT) with two hotels that IHT has an ownership interest in and manages. The Trust and its shareholdersdirectly in and through a Partnership, own interests in two hotels with an aggregate of 270 hotel suites in Arizona and New Mexico.Both are operated under the federally trademarked name “InnSuites”, as well as operating under the brand name “Best Western”. TheTrust and its shareholders hold a $1 million 6% convertible debenture in UniGen Power Inc., (“UniGen”), approximately $445,833 in IHT is currently taxed as a C corporation, founded and first listed on NYSE 56 years ago with uninterrupted annual dividends eachyear since inception in 1971. IHT owns and operates mid-scale hotels and is pursuing opportunities in diversified development ofinnovative new efficient clean energy generation. Ownership of hotels takes place through Tucson Hospitality Properties andAlbuquerque Suite Hotels subsidiaries. Management of hotels, and management of InnDependent Boutique Collection Hotels (IBC), ishandled through RRF Limited Liability Limited Partnership (RRF), its management subsidiary. Diversified clean energy investment Hotel Operations: Our Tucson, Arizona Hotel and our Hotel located in Albuquerque, New Mexico are moderate service mid-scale hotels. Both hotelsoffer swimming pools, fitness centers, business centers, and complimentary breakfast. In addition, the Hotels offer complementary The Trust is the sole general partner of RRF Limited Liability Limited Partnership, a Delaware LLLP (the “Partnership”), and owned a79.18% interest in the Partnership as of April 30, 2026 and January 31, 2026, respectively. As of April 30, 2026, the Partnership owneda 51.69% interest in an InnSuites® hotel located in Tucson, Arizona. The Trust owns a direct 21.90% interest in an InnSuites® hotel RRF Limited Liability Limited Partnership, an IHT subsidiary, manages the Hotels’ daily operations under 2 management agreements.RRF also provides the use of the “InnSuites” trademark to the Hotels. All expenses and rei