Note 12 - Subsequent Events	6 Months Ended
Jul. 31, 2012
Subsequent Events [Text Block]	12. SUBSEQUENT EVENTS On August 1, 2012, InnSuites Hospitality Trust agreed to purchase 31.5 units in Albuquerque Suite Hospitality, LLC from Rare Earth for $10,000 per unit totaling $315,000. This transaction will increase the Trust ownership interest in Albuquerque Suite Hospitality, LLC to 50.25% from 42.25%, giving the Trust controlling ownership interest. On August 24, 2012, Yuma Hospitality Properties Limited Partnership paid in full its $5,000,000 mortgage note payable by borrowing $5,500,000 on a new mortgage note. The principal balance borrowed on August 24, 2012 was $5,500,000 and the interest rate is subject to change based on the Wall Street Journal Prime Rate index plus 1.0 percentage point with a rate floor of 5.0%. The collateral for the new note is the Yuma hotel property and the maturity date of the note is September 1, 2022. The note is callable upon demand. On August 27, 2012, the $500,000 Bank Line of Credit was amended to collateralize line of credit with a Deed of Trust on Yuma Hospitality Properties Limited Partnership for the full line of credit. Yuma’s trade receivables no longer provide part of the collateral for the line of credit. We are in negotiations with the lender to increase the credit limit on the line from $500,000 to $600,000.

Note 12 - Subsequent Events

6 Months Ended

Jul. 31, 2012

12. SUBSEQUENT EVENTS

On August 1, 2012, InnSuites Hospitality Trust agreed to purchase 31.5 units in Albuquerque Suite Hospitality, LLC from Rare Earth for $10,000 per unit totaling $315,000. This transaction will increase the Trust ownership interest in Albuquerque Suite Hospitality, LLC to 50.25% from 42.25%, giving the Trust controlling ownership interest.

On August 24, 2012, Yuma Hospitality Properties Limited Partnership paid in full its $5,000,000 mortgage note payable by borrowing $5,500,000 on a new mortgage note. The principal balance borrowed on August 24, 2012 was $5,500,000 and the interest rate is subject to change based on the Wall Street Journal Prime Rate index plus 1.0 percentage point with a rate floor of 5.0%. The collateral for the new note is the Yuma hotel property and the maturity date of the note is September 1, 2022. The note is callable upon demand.

On August 27, 2012, the $500,000 Bank Line of Credit was amended to collateralize line of credit with a Deed of Trust on Yuma Hospitality Properties Limited Partnership for the full line of credit. Yuma’s trade receivables no longer provide part of the collateral for the line of credit. We are in negotiations with the lender to increase the credit limit on the line from $500,000 to $600,000.