Procaccianti Hotel Reit, INC

Procaccianti Hotel REIT, Inc. announced the renewal of its advisory agreement and updated suitability standards for California stockholders participating in its distribution reinvestment plan.

Procaccianti Hotel REIT, Inc. announced the authorization of cash distributions for its Class K and Class K-I common stock and Class K OP Units.

Procaccianti Hotel REIT, Inc. has announced its updated estimated net asset value per share for its various classes of common and capital stock as of March 31, 2026.

Procaccianti Hotel REIT announced that it was unable to fund all share repurchase requests for the first quarter of 2026 due to limitations on available proceeds.

Procaccianti Hotel REIT, Inc. subsidiary PHR TCI, LLC has entered into a Change in Terms Agreement to reduce the interest rate on a $15.6 million loan for the Hotel Indigo Traverse City.

Procaccianti Hotel REIT, Inc. announced board authorization for distributions on Class K and Class K-I common stock and Class K OP Units.

Procaccianti Hotel REIT, Inc. reported a net loss of $1.81 million for the first quarter of 2026, with revenues declining 12.6% year-over-year.

Procaccianti Hotel REIT, Inc. reports increased revenues and net income for Q3 2025, driven by strong hotel performance and strategic debt refinancing.

Procaccianti Hotel REIT, Inc. reported significant increases in revenue and net income for the second quarter and first half of 2025, driven by improved hotel occupancy and average daily rates.

Procaccianti Hotel REIT, Inc. reported a widened net loss of $933,641 for the first quarter of 2025, despite a 9.02% increase in total revenues, primarily driven by higher operating expenses and interest costs.

Procaccianti Hotel REIT, Inc. reports a slight increase in total revenues for 2025, driven by ADR growth in some properties, alongside a decrease in net income and significant unfulfilled share repurchase requests.

Procaccianti Hotel REIT, Inc. reported a net income of $2.07 million for the fiscal year ended December 31, 2024, an increase from the prior year, primarily due to higher hotel occupancy and average daily room rates, alongside successful mortgage refinancings.

PROCACCIANTI HOTEL REIT director Ronald S. Ohsberg received a grant of 250 restricted Class K common shares under the company's long-term incentive plan.

Procaccianti Hotel REIT Director Thomas R. Engel was granted 250 restricted shares of Class K common stock as part of a long-term incentive plan.

PROCACCIANTI HOTEL REIT, INC. Director Lawrence Aubin received a grant of 250 restricted shares of Class K common stock under the company's long-term incentive plan.

Procaccianti Hotel REIT, Inc. director Ronald S. Ohsberg was granted 250 restricted shares of Class K common stock as part of a long-term incentive plan, increasing his beneficial ownership to 2,000 shares.

Procaccianti Hotel REIT, Inc. Director Thomas R. Engel was granted 250 restricted shares of Class K common stock as part of a long-term incentive plan, vesting over four years.

Procaccianti Hotel REIT, Inc. Director Lawrence Aubin was granted 250 restricted shares of Class K common stock as part of the company's long-term incentive plan, vesting over four years.

Procaccianti Hotel REIT, Inc. has adjourned its Annual Meeting of Stockholders to January 19, 2026, due to a lack of quorum.

Procaccianti Hotel REIT, Inc. is reminding stockholders to cast their votes for the upcoming 2025 Annual Meeting, emphasizing the importance of participation.

Procaccianti Hotel REIT, Inc. will hold its 2025 Annual Meeting to re-elect directors and vote on an amendment to its advisory agreement that would remove deadlines for certain fees.