Recent Updates — PRSI

Portsmouth Square, Inc. reported fiscal 2026 results showing a GAAP net loss of $5.414 million, an improvement of approximately $3.696 million from the prior year's loss of $9.110 million. Hotel revenues increased 20% to $55.797 million, driven by higher room rates and occupancy, while Income from operations more than doubled to $7.789 million. EBITDA rose approximately 31% to $11.350 million. The company expects to exercise a one-year extension option on its senior mortgage loan through April 2028, contingent on maintaining a Debt Service Coverage Ratio of at least 1.10:1.00. Portsmouth Square, Inc. owns and operates the Hilton San Francisco Financial District hotel.