CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets
Investment in hotel properties, net of accumulated depreciation of $1,255,712 and $43,810	$ 65,408,308	$ 7,815,745
Cash and cash equivalents	10,898,556	3,732,404
Restricted cash	5,275,815	800,000
Accounts receivable, net	107,976	25,606
Franchise fees, net	721,690	49,444
Due from related parties		1,285
Prepaid expenses and other assets	1,623,584	785,168
Total Assets	84,035,929	13,209,652
Liabilities and Equity
Debt, net	40,980,632	4,999,140
Accounts payable	543,669	148,907
Accrued expenses	925,265	281,946
Due to related parties	966,379	713,350
Other liabilities	434,974	81,619
Total liabilities	43,850,919	6,224,962
Commitments and contingencies (See Note 12)
Equity
Preferred stock, $0.01 par value, 100,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.01 par value, 900,000,000 shares authorized; 6,005,743 and 1,135,010 shares issued and outstanding	60,057	11,350
Additional paid-in capital	58,961,101	11,083,985
Accumulated deficit	(18,396,163)	(4,041,428)
Total stockholders' equity	40,624,995	7,053,907
Non-controlling interest	(439,985)	(69,217)
Total equity	40,185,010	6,984,690
Total Liabilities and Equity	$ 84,035,929	$ 13,209,652