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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2021
Oct. 31, 2020
REVENUE        
TOTAL REVENUE $ 1,693,934 $ 952,959 $ 4,763,123 $ 3,323,757
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 1,798,162 1,631,743 5,111,499 5,519,108
OPERATING LOSS (104,228) (678,784) (348,376) (2,195,351)
Other Income 30,325 30,376
Interest Income 45,181 17,500 45,452 81,852
PPP Loan Forgiveness 967,141
TOTAL OTHER INCOME 75,506 17,500 1,042,969 81,852
Interest on Mortgage Notes Payable 113,465 110,687 218,095 219,032
Interest on Notes Payable to Banks     103
Interest on Notes Payable Related Party 17,099 56,562
Interest on Other Notes Payable 8,286 (4,032) 28,783 55,547
TOTAL INTEREST EXPENSE 138,850 106,655 303,440 274,682
CONSOLIDATED NET INCOME (LOSS) (167,572) (767,939) 391,153 (2,388,181)
LESS: NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST 98,640 (286,830) 823,049 (1,100,281)
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS $ (266,212) $ (481,110) $ (431,896) $ (1,287,900)
NET LOSS PER SHARE TOTAL – BASIC & DILUTED $ (0.03) $ (0.05) $ (0.05) $ (0.14)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC & DILUTED 9,109,276 9,069,326 9,116,639 9,187,337
Room [Member]        
REVENUE        
TOTAL REVENUE $ 1,654,238 $ 878,813 $ 4,605,908 $ 3,006,851
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 497,695 342,698 1,417,005 1,169,010
Food and Beverage [Member]        
REVENUE        
TOTAL REVENUE 14,643 13,974 43,474 46,952
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 56,165 30,542 150,830 93,788
Management and Trademark Fees [Member]        
REVENUE        
TOTAL REVENUE 33,696 108,944
Other [Member]        
REVENUE        
TOTAL REVENUE 25,053 26,476 113,741 161,010
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 1,535 7,414 6,943
Telecommunications [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 125 978 250 1,873
General and Administrative [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 529,532 541,664 1,522,524 1,459,425
Sales and Marketing [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 103,851 84,287 289,175 306,861
Repairs and Maintenance [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 98,688 86,801 292,653 262,214
Hospitality [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 62,489 24,624 167,112 119,331
Utilities [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 94,102 93,966 294,064 272,229
Depreciation [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 214,252 207,300 577,544 634,010
Real Estate and Personal Property Taxes, Insurance and Ground Rent [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 141,263 138,910 392,928 348,986
Sales and OccupancyTax [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES $ 78,438 $ 844,438