PROPERTY AND EQUIPMENT

3 Months Ended

Apr. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

As of April 30, 2023, and January 31, 2023, hotel properties consisted of the following:

HOTEL SEGMENT
	April 30, 2023			January 31, 2023
Land	$	2,500,000		$	2,500,000
Building and improvements		10,779,013			10,762,859
Furniture, fixtures and equipment		4,338,645			4,261,400
Total hotel properties		17,617,658			17,524,259
Less accumulated depreciation		(10,509,134	)		(10,358,060	)
Hotel properties, net		7,108,524			7,166,199

As of April 30, 2023, and January 31, 2023, corporate property, plant, and equipment consisted of the following:

CORPORATE PP&E
	April 30, 2023			January 31, 2023
Land	$	7,005		$	7,005
Building and improvements		75,662			75,662
Furniture, fixtures and equipment		392,878			392,878
Total property, plant and equipment		475,545			475,545
Less accumulated depreciation		(434,469	)		(432,256	)
Property, Plant and Equipment, net	$	41,076		$	43,289