PROPERTY AND EQUIPMENT

9 Months Ended

Oct. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

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

HOTEL SEGMENT
	October 31, 2023			January 31, 2023
Land	$	2,500,000		$	2,500,000
Building and improvements		10,972,744			10,762,859
Furniture, fixtures and equipment		4,411,598			4,261,400
Total hotel properties		17,884,342			17,524,259
Less accumulated depreciation		(10,853,519	)		(10,358,060	)
Hotel properties, net		7,030,823			7,166,199

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

CORPORATE PP&E
	October 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		(438,894	)		(432,256	)
Property, Plant and Equipment, net	$	36,651		$	43,289