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Innsuites Hospitality Q1 Profit Up

6/15/2012 4:36 PM ET

Innsuites Hospitality Trust (IHT: Quote) 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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by RTT Staff Writer

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