NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Tables)

9 Months Ended

Oct. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

SCHEDULE OF ENTITY OWNERSHIP PERCENTAGE

These unaudited condensed consolidated financial statements have been prepared by management in accordance with accounting principles in conformity with accounting principles generally accepted in the United States of America (“GAAP”), and include all assets, liabilities, revenues and expenses of the Trust and its wholly-owned subsidiaries. All material intercompany transactions and balances have been eliminated. Certain items have been reclassified to conform to the current fiscal year presentation. The Trust exercises unilateral control over the Partnership and the entities listed below. Therefore, the unaudited condensed financial statements of the Partnership and the entities listed below are consolidated with the Trust, and all significant intercompany transactions and balances have been eliminated.

	IHT OWNERSHIP %
ENTITY	DIRECT		INDIRECT (i)
Albuquerque Suite Hospitality, LLC	21.00	%	-
Tucson Hospitality Properties, LLLP	-		51.01	%
RRF Limited Partnership	75.98	%	-
InnSuites Hotels Inc.	100.00	%	-

(i) Tucson Indirect ownership is through the Partnership