Loans from Franchisors	12 Months Ended
Dec. 31, 2025
Loans from Franchisors
Loans from Franchisors	Note 6 – Loans from Franchisors Included in accounts payable, accrued expenses and other liabilities on the balance sheet at December 31, 2025 and 2024, is $719,884 and $773,384, respectively, of net key money loans received from franchisors or assumed upon acquisition. In accordance with the loan agreement with the respective franchisor, funds were released to the applicable hotel properties upon completion of a change of ownership, property improvement plan, and inspection and subsequent approval of the completed work by the franchisor. The outstanding principal balances of the loans are reduced on a straight-line basis over the remaining life of the franchise agreement. As of December 31, 2025, the Company had received $750,000 in loans from franchisors relating to the Staybridge Suites St. Petersburg and assumed a liability of $364,430 in connection with the acquisition of the Hotel Indigo Traverse City. During the years ended December 31, 2025 and 2024, the Company amortized $53,500 and $53,500, respectively, of franchise fees, which are included in rooms and other property expenses on the statement of operations.

Loans from Franchisors

12 Months Ended

Dec. 31, 2025

Note 6 – Loans from Franchisors

Included in accounts payable, accrued expenses and other liabilities on the balance sheet at December 31, 2025 and 2024, is $719,884 and $773,384, respectively, of net key money loans received from franchisors or assumed upon acquisition. In accordance with the loan agreement with the respective franchisor, funds were released to the applicable hotel properties upon completion of a change of ownership, property improvement plan, and inspection and subsequent approval of the completed work by the franchisor. The outstanding principal balances of the loans are reduced on a straight-line basis over the remaining life of the franchise agreement. As of December 31, 2025, the Company had received $750,000 in loans from franchisors relating to the Staybridge Suites St. Petersburg and assumed a liability of $364,430 in connection with the acquisition of the Hotel Indigo Traverse City. During the years ended December 31, 2025 and 2024, the Company amortized $53,500 and $53,500, respectively, of franchise fees, which are included in rooms and other property expenses on the statement of operations.