 Phoenix, AZ, June 28, 2021 GLOBE NEWSWIRE -- InnSuites Hospitality Trust NYSE American : IHT reported Fiscal First Quarter profit of 157,161 which is an increase of over 500,000 from the same prior year period of 352,857. Revenues were approximately 1.4 million for the 2022 Fiscal First Quarter Ended April 30, 2021, remaining relatively flat from revenues of approximately 1.4 million for the same prior year period. Basic earnings per share for the Fiscal First Quarter ended April 30, 2021, increased approximately three cents per share, to 0.01, compared with 0.04 for the same Fiscal Quarter ended April 30, 2020. This increase was largely attributable to the solid start the Trusts operations are off to in the current Fiscal Year 2022 February 1, 2021-January 31, 2022, along with the decreased impact of Covid-19. These solid results have accelerated in Fiscal Q2 of the current year. These are all positive signs, and indicative that things are heading in the right direction as the Travel Industry, the Economy as a whole, and InnSuites Hospitality Trust IHT specifically, continue to rebound and recover. Economic conditions continued to improve for the Trust for the second consecutive Quarter. Q1 of Fiscal Year 2022 and Q4 of Fiscal Year 2021 have both shown increased signs of strength, growth, and improvement, especially when compared to Q2 and Q3 of Fiscal Year 2021 May 1, 2021-October 31, 2021. 