Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 42

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 1
Chunk 42
---
,000  
     446,000 
  
    Total Hotel revenues 
     46,363,000  
     41,886,000 
  
    Operating expenses excluding depreciation and amortization 
     (37,631,000) 
     (36,139,000)
  
    Operating income before interest, depreciation and amortization 
     8,732,000  
     5,747,000 
  
    Gain on extinguishment of debt 
     1,416,000  
     - 
  
    Interest expense - mortgage 
     (10,680,000) 
     (9,407,000)
  
    Depreciation and amortization expense 
     (3,634,000) 
     (3,494,000)
  
    Net loss from Hotel operations 
    $(4,166,000) 
    $(7,154,000)

For
the year ended June 30, 2025, the Hotel had operating income of $8,732,000 before interest, depreciation, and amortization on total operating
revenues of $46,363,000. The following table sets forth the monthly average occupancy percentage of the Hotel for the fiscal years ended
June 30, 2025 and 2024.

    Month 
    Jul  
    Aug  
    Sep  
    Oct  
    Nov  
    Dec  
    Jan  
    Feb  
    Mar  
    Apr  
    May  
    Jun  
    Fiscal Year 
  
    Year 
    2024  
    2024  
    2024  
    2024  
    2024  
    2024  
    2025  
    2025  
    2025  
    2025  
    2025  
    2025  
    2024 – 2025 
  
    Average Occupancy % 
     96% 
     96% 
     96% 
     94% 
     83% 
     87% 
     90% 
     86% 
     91% 
     91% 
     93% 
     93% 
     92%

    Year 
    2023  
    2023  
    2023  
    2023  
    202