This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

IBC Expands To 600 Hotels, InnSuites Credit Card Financing And Roomer Travel Marketing Agreement

PHOENIX, Dec. 2, 2013 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE MKT:IHT)

InnSuites Hospitality Trust continues to expand the Inndependent Boutique Collection (IBC) to over 600 hotels representing over 36,500 rooms. IBC continues to grow and enhance our hotel services solutions for independent hoteliers. The hotel booking engine and the InnDependent InnCentives frequent hotel traveler program featuring a free stay after 12 nights with no restrictions is now being received by our IBC early adopting hoteliers and guests.

On November 25, 2013, InnSuites Hospitality Trust (NYSE MKT:IHT) through one its subsidiaries entered into a short-term $342,000 credit card advance financing business loan with American Express Bank, FSB. The funds will be used for working capital.

On November 11, 2013, InnSuites Hotels and Roomer Travel ( www.roomertravel.com ) announced a marketing agreement for consumers to easily sell their nonrefundable hotel rooms to buyers at a reduced cost. The patrons who sell their nonrefundable hotel room recoup a portion of their purchase, while the person who buys that same room obtains it at a discounted price. This allows InnSuites properties to maintain occupancy rates and ensure added revenue from ancillary food and beverage services, which would otherwise be lost if the room remained unoccupied.

With the exception of historical information, the matters discussed in this news release may include "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are not guarantees of future performance due to numerous risks and uncertainties and are described in greater detail in our filings with the Securities and Exchange Commission. Although we believe our current expectations to be based upon reasonable assumptions, we can give no assurance that our expectations will be attained.

For more information visit www.innsuitestrust.com or www.sec.gov

   
NEWS BULLETIN RE: INNSUITES HOSPITALITY TRUST
FROM INNSUITES HOTEL CENTRE
INNSUITES HOSPITALITY TRUST 1625 E. NORTHERN AVENUE, # 105
NYSE MKT:IHT Phoenix, Arizona 85020
FISCAL 2014 Phone: 602-944-1500
IHT Receives $342,000 Business Loan and Inndependent Boutique Collection (IBC)
Expands to 600 Hotels
FOR FURTHER INFORMATION:  
Marc Berg, Executive Vice President   
602-944-1500   
email: mberg@innsuites.com  

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.61 +0.66 0.03%
NASDAQ 4,463.93 +21.2320 0.48%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs