Subsequent Events	3 Months Ended
Apr. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	11. SUBSEQUENT EVENTS As part of our NYSE Equity Enhancement Plan and as approved by our Board of Trustees, on May 4, 2017, the Trust sold 106,952 Shares of Beneficial Interest of the Trust at the May 4, 2017 closing market price of $1.87 per Share, for the aggregate proceeds of $200,000 to Rare Earth Financial, LLC. Rare Earth Financial, LLC, whose managing member is James F. Wirth, the Chairman and Chief Executive Officer of the Trust, purchased 53,476 Shares of Beneficial Interest of the Trust and Charles E Strickland purchased the remaining 53,476 Shares of Beneficial Interest. Rare Earth is wholly owned by Mr. Wirth and his family members, including Pamela Barnhill, Vice Chairperson and President of the Trust. On May 9, 2017, Ontario Hospitality Properties LLLP, a subsidiary of the Trust, entered into a Purchase and Sale Agreement to sell its Best Western InnSuites Ontario Hotel and Suites property to Minkum Investment Group, LLC or Assignee (“Buyer”) an unrelated third party to the Trust for $17.5 million which was approved by our Board of Trustees and the partners of Ontario Hospitality Properties LLLP. On June 2, 2017, the property was sold and the principal and interest of the debts of approximately $7,270,000 were paid off. With the inclusion of the net book value of assets of approximately $6 million, we estimate the gain on the sale to be approximately $10.8 million after transaction costs of approximately $0.7 million. As Management wasn’t certain that the sale of our Best Western InnSuites Ontario Hotel and Suites property was going to be completed, on May 11, 2017, Ontario Hospitality Properties LLLP entered into a $5,700,000 Change in Terms Agreement (“Ontario Loan Agreement”) to the existing first mortgage loan with Arizona Bank & Trust with a maturity date of August 22, 2024. The Ontario Loan Agreement has a fixed interest rate until August 22, 2019 and then a variable interest rate of Wall Street Journal Prime Rate plus 1.50% margin with a floor of 4.75% and no prepayment penalty with an origination fee of 0.50% or $10,000. The Ontario Loan Agreement provides continuation of a guarantee from RRF, LP, James & Gail Wirth, The Wirth Family Trust and InnSuites Hospitality Trust, secured by 51% ownership interest in Albuquerque Suite Hospitality, LLC. On May 11, 2017, Yuma Hospitality Properties, LLLP, a subsidiary of the Trust, entered into a $850,000 Promissory Note Agreement (“Yuma Loan Agreement”) as a credit facility to replenish funds for the hotel remodel with 1^st Bank of Yuma Arizona Bank & Trust with a maturity date of September 1, 2022. The Yuma Loan Agreement has an initial interest rate of 5.50% with a variable rate adjustment equal to the Wall Street Journal Prime Rate plus 1.50% with a floor of 5.50% and no prepayment penalty. This credit facility is guaranteed by InnSuites Hospitality Trust.

Subsequent Events

3 Months Ended

Apr. 30, 2017

11. SUBSEQUENT EVENTS

As part of our NYSE Equity Enhancement Plan and as approved by our Board of Trustees, on May 4, 2017, the Trust sold 106,952 Shares of Beneficial Interest of the Trust at the May 4, 2017 closing market price of $1.87 per Share, for the aggregate proceeds of $200,000 to Rare Earth Financial, LLC. Rare Earth Financial, LLC, whose managing member is James F. Wirth, the Chairman and Chief Executive Officer of the Trust, purchased 53,476 Shares of Beneficial Interest of the Trust and Charles E Strickland purchased the remaining 53,476 Shares of Beneficial Interest. Rare Earth is wholly owned by Mr. Wirth and his family members, including Pamela Barnhill, Vice Chairperson and President of the Trust.

On May 9, 2017, Ontario Hospitality Properties LLLP, a subsidiary of the Trust, entered into a Purchase and Sale Agreement to sell its Best Western InnSuites Ontario Hotel and Suites property to Minkum Investment Group, LLC or Assignee (“Buyer”) an unrelated third party to the Trust for $17.5 million which was approved by our Board of Trustees and the partners of Ontario Hospitality Properties LLLP. On June 2, 2017, the property was sold and the principal and interest of the debts of approximately $7,270,000 were paid off. With the inclusion of the net book value of assets of approximately $6 million, we estimate the gain on the sale to be approximately $10.8 million after transaction costs of approximately $0.7 million.

As Management wasn’t certain that the sale of our Best Western InnSuites Ontario Hotel and Suites property was going to be completed, on May 11, 2017, Ontario Hospitality Properties LLLP entered into a $5,700,000 Change in Terms Agreement (“Ontario Loan Agreement”) to the existing first mortgage loan with Arizona Bank & Trust with a maturity date of August 22, 2024. The Ontario Loan Agreement has a fixed interest rate until August 22, 2019 and then a variable interest rate of Wall Street Journal Prime Rate plus 1.50% margin with a floor of 4.75% and no prepayment penalty with an origination fee of 0.50% or $10,000. The Ontario Loan Agreement provides continuation of a guarantee from RRF, LP, James & Gail Wirth, The Wirth Family Trust and InnSuites Hospitality Trust, secured by 51% ownership interest in Albuquerque Suite Hospitality, LLC.

On May 11, 2017, Yuma Hospitality Properties, LLLP, a subsidiary of the Trust, entered into a $850,000 Promissory Note Agreement (“Yuma Loan Agreement”) as a credit facility to replenish funds for the hotel remodel with 1^st Bank of Yuma Arizona Bank & Trust with a maturity date of September 1, 2022. The Yuma Loan Agreement has an initial interest rate of 5.50% with a variable rate adjustment equal to the Wall Street Journal Prime Rate plus 1.50% with a floor of 5.50% and no prepayment penalty. This credit facility is guaranteed by InnSuites Hospitality Trust.