Procaccianti Hotel Reit, INC 10-K annual reports
Annual reports — audited financials, the full risk-factor list, and management’s account of the year.
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.