Procaccianti Hotel REIT Q2 FY26 net income falls 30.13% to $987,555; revenue drops 5.74% to $8.9 million

• Procaccianti Hotel REIT posted net income of $987,555 for the quarter ended June 30, 2026, down 30.12% year over year.
• Revenue fell 5.74% to $7.62 million on lower ADR and occupancy across the portfolio.
• Interest expense, net climbed 6.88% to $1.07 million, attributed to refinancing the HGI Note at higher rates.
• For the six months ended June 30, net results swung to a loss of $823,192 from profit a year earlier as revenue dropped 9% to $12.1 million.
• Board authorized a one-year renewal of the advisory agreement with Procaccianti Hotel Advisors starting Aug. 2, 2026.

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