Innsuites Hospitality Trust - IHT- Profile

InnSuites Hospitality Trust. The Group's principal activity is to provide hotel management services to the Trust hotels, as well as four hotels featuring 544 suites owned by affiliates and one unrelated hotel property featuring 131suites through management contracts. It owns and operates five hotels, provides management services for ten hotels and provides trademark license services for eleven hotels. The Trust owns and operates hotels as studio and two-room suite hotels that offer services such as free hotbreakfast buffets and complimentary afternoon social hours plus amenities, such as microwave ovens, refrigerators, free high speed internet access and coffemakers in each studio or two-room suite. On 31-01-2005 the Group acquired Yuma, Arizona hotel property. Provides hotel management services to the Hotels