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Unaudited Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jul. 31, 2011
Jul. 31, 2010
Jul. 31, 2011
Jul. 31, 2010
REVENUE        
Room $ 3,218,212 $ 2,526,428 $ 7,214,384 $ 6,302,693
Food and Beverage 177,679 152,255 470,554 477,622
Telecommunications 300 3,964 1,828 10,906
Other 64,881 60,736 115,544 116,387
Management and Trademark Fees, including $115,832 and $134,188 from related parties for the six months ended July 31, 2011 and 2010, respectively 48,896 62,576 115,832 137,488
Payroll Reimbursements, Related Party 525,473 693,558 1,116,081 1,374,126
TOTAL REVENUE 4,035,441 3,499,517 9,034,223 8,419,222
OPERATING EXPENSES        
Room 853,259 778,806 1,832,694 1,681,241
Food and Beverage 198,281 179,402 455,557 408,273
Telecommunications 13,701 17,977 23,899 38,318
General and Administrative 768,620 708,170 1,606,825 1,512,555
Sales and Marketing 253,743 280,435 549,796 585,049
Repairs and Maintenance 363,731 298,036 789,355 625,050
Hospitality 192,506 176,191 415,843 370,950
Utilities 328,810 308,330 605,913 574,270
Hotel Property Depreciation 437,518 465,494 886,550 935,238
Real Estate and Personal Property Taxes, Insurance and Ground Rent 201,504 235,427 407,083 480,088
Other 4,436 4,994 7,566 10,822
Payroll Expenses, Related Party 525,473 693,558 1,116,081 1,374,126
TOTAL OPERATING EXPENSES 4,141,582 4,146,820 8,697,162 8,595,980
OPERATING INCOME (LOSS) (106,141) (647,303) 337,061 (176,758)
Interest Income 417 769 560 1,233
TOTAL OTHER INCOME 417 769 560 1,233
Interest on Mortgage Notes Payable 376,566 392,113 755,628 770,531
Interest on Other Notes Payable 7,667 10,360 15,826 21,429
TOTAL INTEREST EXPENSE 384,233 402,473 771,454 791,960
CONSOLIDATED NET LOSS (489,957) (1,049,007) (433,833) (967,485)
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (130,970) (263,561) (124,952) (279,277)
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS $ (358,987) $ (785,446) $ (308,881) $ (688,208)
NET LOSS PER SHARE – BASIC AND DILUTED (in Dollars per share) $ (0.04) $ (0.09) $ (0.04) $ (0.08)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTED (in Shares) 8,528,609 8,583,359 8,552,780 8,591,977