Portsmouth Square FY26 net loss narrows to $5.41 million; revenue rises 20% to $55.8 million

Bitget2026/09/28 16:52

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Portsmouth Square posted a net loss of USD 5.41 million, narrowing from USD 9.11 million a year earlier.
Total Hotel revenue rose about 20% to USD 55.8 million; average daily rate climbed 16% to USD 253.
Average occupancy increased 3 percentage points to 95%, lifting RevPAR about 20% to USD 239.
Hotel operating expenses increased to USD 43.27 million from USD 37.63 million, and segment income rose to USD 12.52 million.
Cash from operations was USD 3.9 million versus cash used of USD 2.15 million, while cash and equivalents ended at USD 4.98 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Portsmouth Square Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-044485), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Portsmouth Square FY26 net loss narrows to $5.41 million; revenue rises 20% to $55.8 million

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