WhereDaily News: IHT Privately Places $1.1 Million in Stock; HTCC Sold for $9.65 Million; Ontario Hotel Cash Sale; InnDependent Lodging Conference at HI Connect; All Expanding Cash and IHT Equity

PHOENIX, AZ--(Marketwired - Nov 13, 2015) - InnSuites Hospitality Trust (NYSE MKT: IHT) -- InnSuites Hospitality Trust ("IHT") privately placed $1.1 million IHT stock at $2.50 per-share adding to cash and equity as part of the anticipated successful New York Stock Market Exchange requirement to expand equity by December 27, 2015. This cash in addition to the recent closing of escrow on the sale of Hotel Tucson City Center ("HTCC") for $9.65 million and the pending sale of the Ontario InnSuites Hotel at $14.8 million have and will add significantly to IHT cash and book equity.

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