PROPERTY AND EQUIPMENT

3 Months Ended

Apr. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

As of April 30, 2022, and January 31, 2022, hotel properties consisted of the following:

HOTEL SEGMENT
	April 30, 2022			January 31, 2022
Land	$	2,500,000		$	2,500,000
Building and improvements		10,605,371			10,577,297
Furniture, fixtures and equipment		4,136,659			4,114,400
Total hotel properties		17,242,030			17,191,697
Less accumulated depreciation		(9,834,003	)		(9,664,472	)
Hotel properties, net		7,408,027			7,527,225

As of April 30, 2022, and January 31, 2022, corporate property, plant, and equipment consisted of the following:

CORPORATE PP&E
	April 30, 2022			January 31, 2022
Land	$	7,005		$	7,005
Building and improvements		75,662			75,662
Furniture, fixtures and equipment		392,878			392,879
Total property, plant and equipment		475,545			475,546
Less accumulated depreciation		(425,618	)		(423,458	)
Property, Plant and Equipment, net	$	49,927		$	52,088