PROPERTY AND EQUIPMENT

6 Months Ended

Jul. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

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

HOTEL SEGMENT
	July 31, 2023			January 31, 2023
Land	$	2,500,000		$	2,500,000
Building and improvements		10,905,364			10,762,859
Furniture, fixtures and equipment		4,366,089			4,261,400
Total hotel properties		17,771,453			17,524,259
Less accumulated depreciation		(10,688,421	)		(10,358,060	)
Hotel properties, net		7,083,032			7,166,199

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

CORPORATE PP&E
	July 31, 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		(436,681	)		(432,256	)
Property, Plant and Equipment, net	$	38,864		$	43,289