Innsuites Hospitality Trust (IHT) Friday reported a first-quarter profit of of $464 thousand, up from $50 thousand in the year-earlier quarter, helped mainly by higher revenues.
Room revenues for the quarter increased 7.2 percent to $4.3 million from $4.0 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.