Innsuites Hospitality Trust
IHT
$2.41
-$0.04-1.63%
AMEX
Corporate Info
Website
Phone Number
602 944 1500
Address
InnSuites Hotels Centre
1730 East Northern Avenue, Suite 122
Phoenix, AZ 85020-3921
1730 East Northern Avenue, Suite 122
Phoenix, AZ 85020-3921
Country
United States
Year Founded
1971
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
66
Business Decription
InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS. IHT has paid dividends each year since 1971 currently at $0.2/year. There are approximately 9 million shares of stock outstanding. In addition, there are approximately 3 million RRF Partnership units convertible 1 to 1 into IHT stock. Total shares and units are approximately 12 million.