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Home > Company Index > Real Estate > REIT - Hotel/Motel > InnSuites Hospitality Trust

InnSuites Hospitality Trust
AMEX: IHT
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 PROFILE
InnSuites Hospitality Trust is an umbrella partnership real estate investment trust (UPREIT) that is the general partner in a limited partnership that owns a dozen one- and two-room suite hotels located primarily in Arizona. While the company owns nearly 45% of the partnership, Hospitality Corporation International owns the rest. The trust buys properties it can reposition as suite hotels in the southwestern US; a recent purchase expanded its geographic reach into New Mexico, and it has the option to purchase a hotel in Texas. The trust leases its hotels to InnSuites Hotels. Chairman and CEO James Wirth owns 25% of the trust.

 COMPETITION
Equity Inns, Inc. (ENN)
Hospitality Properties Trust (HPT)
Innkeepers USA Trust (KPA)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 9.70
1-Yr. Sales Growth: 2.1%
Employees: 7
Revenue per employee: $1,385,714.29

 KEY PEOPLE
• James F. Wirth
    CEO
• Anthony B. Waters
    CFO

 CONTACT INFO
1625 E. Northern Ave., #201
Phoenix, AZ 85020
US
Phone: 602-944-1500
Fax: 602-678-0281
Online: Web Site

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