Company: INTG
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021858
Chunk: 95

Company: INTERGROUP CORP
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 95
---

    $10,110,000 
  
    Food and beverage 
     912,000  
     733,000 
  
    Garage 
     900,000  
     875,000 
  
    Other
    operating departments 
     178,000  
     102,000 
  
    Total Hotel revenues 
     12,418,000  
     11,820,000 
  
    Operating
    expenses excluding depreciation and amortization 
     (10,481,000) 
     (8,792,000)
  
    Operating income before interest, depreciation
    and amortization 
     1,937,000  
     3,028,000 
  
    Interest expense - mortgage 
     (2,493,000) 
     (2,824,000)
  
    Depreciation
    and amortization expense 
     (899,000) 
     (929,000)
  
    Net
    loss from Hotel operations 
    $(1,455,000) 
    $(725,000)

For
the three months ended September 30, 2025, the Hotel had operating income of $1,937,000 before interest expense, depreciation, and amortization
on total operating revenues of $12,418,000. For the three months ended September 30, 2024, the Hotel had operating income of $3,028,000
before interest expense, depreciation, and amortization on total operating revenues of $11,820,000.

The
following table sets forth the average daily room rate, average occupancy percentage and RevPAR of the Hotel for the three months ended
September 30, 2025 and 2024.

    Three
                                            Months  Ended
                                            September 30, 
    Average Daily
                                            Rate  
    Average Occupancy
                                            %  
     RevPAR 

    2025 
    $218  
     95% 
    $207 
  
    2024 
    $210  
     96% 
    $202 

The
Hotel’s revenues increased by 5.1% this quarter compared to the previous comparable quarter. Average daily rate increased by $8,
average occupancy decreased by 1.0%, and RevPAR increased by $5 for the three months ended September 30, 2025 compared to the three months
ended September 30, 2024.