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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Jul. 31, 2020
Jul. 31, 2019
REVENUE        
TOTAL REVENUE $ 924,720 $ 1,540,215 $ 2,370,798 $ 3,633,233
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 2,158,467 1,953,556 3,887,365 4,208,238
OPERATING LOSS (1,233,747) (413,341) (1,516,567) (575,005)
Interest Income 46,596 713 64,352 3,527
TOTAL OTHER INCOME 46,596 713 64,352 3,527
Interest on Mortgage Notes Payable 72,338 58,609 108,345 113,165
Interest on Notes Payable to Banks 103
Interest on Other Notes Payable 7,896 7,401 59,579 75,747
TOTAL INTEREST EXPENSE 80,234 66,010 168,027 188,912
CONSOLIDATED NET LOSS (1,267,385) (490,560) (1,620,242) (760,390)
LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST (602,466) (14,631) (813,451) 44,432
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS $ (664,919) $ (464,007) $ (806,791) $ (804,822)
NET LOSS PER SHARE TOTAL - BASIC & DILUTED $ (0.14) $ (0.05) $ (0.18) $ (0.08)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC & DILUTED 9,203,817 9,334,180 9,247,007 9,337,879
Room [Member]        
REVENUE        
TOTAL REVENUE $ 846,289 $ 1,470,607 $ 2,128,038 $ 3,465,936
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 356,696 486,865 826,312 1,027,874
Food and Beverage [Member]        
REVENUE        
TOTAL REVENUE 17,801 14,547 32,978 32,407
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 30,878 23,306 63,246 47,308
Management and Trademark Fees [Member]        
REVENUE        
TOTAL REVENUE 32,050 35,004 75,248 98,516
Other [Member]        
REVENUE        
TOTAL REVENUE 28,580 20,057 134,534 36,374
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 3,306 3,998 5,408 8,873
Telecommunications [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 895 395 895 395
General and Administrative [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 340,287 654,155 917,761 1,502,906
Sales and Marketing [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 112,140 146,240 222,574 274,219
Repairs and Maintenance [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 86,606 102,529 175,413 202,332
Hospitality [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 25,838 131,262 94,707 270,962
Utilities [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 96,857 101,119 178,263 193,240
Depreciation [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 212,401 252,924 426,710 494,679
Real Estate and Personal Property Taxes, Insurance and Ground Rent [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 126,563 50,763 210,076 185,450
Sales and Occupancy Tax [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES $ 766,000 $ 766,000