PROPERTY AND EQUIPMENT

9 Months Ended

Oct. 31, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

As of October 31, 2021, and January 31, 2021, hotel properties consisted of the following:

HOTEL SEGMENT
	October 31, 2021			January 31, 2021
Land	$	2,500,000		$	2,500,000
Building and improvements		10,572,712			10,531,947
Furniture, fixtures and equipment		4,105,774			4,058,681
Total property and equipment		17,178,486			17,090,628
Less accumulated depreciation		(9,532,621	)		(8,961,498	)
Property and Equipment, net	$	7,645,865		$	8,129,130

As of October 31, 2021, and January 31, 2021, corporate property, plant, and equipment consisted of the following:

CORPORATE SEGMENT
	October 31, 2021			January 31, 2021
Land	$	7,005		$	7,005
Building and improvements		75,662			75,662
Furniture, fixtures and equipment		402,878			540,014
Total property and equipment		485,545			622,681
Less accumulated depreciation		(421,246	)		(561,961	)
Property and Equipment, net	$	64,299		$	60,720