Discontinued Operations (Tables)

3 Months Ended

Apr. 30, 2019

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Future Payments on Notes

FISCAL YEAR
2020	$	229,167
2021		550,000
2022		550,000
2023		550,000
2024		550,000
Thereafter		320,833
	$	2,750,000

Schedule of Discontinued Operations

	FOR THE THREE MONTHS ENDED
	APRIL 30,
	2019		2018
REVENUE
Room	$	-	$	1,276,105
Food and Beverage		-		12,540
Reservation and Convention		-		311,242
Other		-		11,553
TOTAL REVENUE		-		1,611,440
OPERATING EXPENSES
Room		-		301,058
Food and Beverage		-		16,592
Telecommunications		-		8,229
General and Administrative		-		477,436
Sales and Marketing		-		319,948
Reservation Acquisition Costs		-		351,574
Repairs and Maintenance		-		59,481
Hospitality		-		63,993
Utilities		-		43,451
Depreciation		-		172,574
Real Estate and Personal Property Taxes, Insurance and Ground Rent		-		18,886
Other		-		4,076
TOTAL OPERATING EXPENSES		-		1,837,298
OPERATING LOSS		-		(225,858
Interest on Mortgage Notes Payable		-		67,666
Interest on Notes Payable to Banks		-		3,148
Interest on Other Notes Payable		-		12,556
TOTAL INTEREST EXPENSE		-		83,370
CONSOLIDATED NET LOSS OF DISCONTINUED OPERATIONS	$	-	$	(309,228