Other Assets

12 Months Ended

Dec. 31, 2025

Other Assets

Other Assets

Note 4 – Other Assets

Included in other assets at December 31, 2025 and 2024, are net deferred franchise fees of $180,374 and $195,849, respectively. The Company’s hotel properties each are operated pursuant to franchise agreements. The term of each current franchise agreement is for a 15 to 25-year period and the agreements require the Company to, among other things, pay monthly fees that are calculated based on specified percentages of certain revenues. For the years ended December 31, 2025 and 2024, the Company amortized $15,475 and $15,475 of deferred franchise fees, respectively. These amounts are included in depreciation and amortization on the statement of operations.

The future amortization of deferred franchise fees as of December 31, 2025 is as follows:

Years Ending December 31,
2026	$	15,475
2027		15,475
2028		15,475
2029		15,475
2030		15,475
Thereafter		102,999
Total	$	180,374