Founded in 1971, InnSuites Hospitality Trust invests in and manages hotels. The company specializes in mid-market studio and two-room suite properties. It owns several moderate and full-service hotels that contain more than 800 hotel suites. It also manages or licenses more than 10 hotels containing more than 1,600 suites. The properties in which the company maintains an interest are located throughout Arizona, New Mexico, Texas and Southern California. In addition, InnSuites Hospitality Trust owns, manages, licenses and sells condominium hotel suites. A public company, InnSuites Hospitality Trust s shares are listed on the American Stock Exchange under the ticker symbol IHT. The company is headquartered in Phoenix.