Unaudited Consolidated Statements of Operations (USD $)	3 Months Ended
	Apr. 30, 2012	Apr. 30, 2011
REVENUE
Room	$ 4,283,258	$ 3,996,172
Food and Beverage	359,354	292,875
Telecommunications		1,528
Other	64,557	50,663
Management and Trademark Fees, including $112,456 and $66,936 from related parties for the three months ended April 30, 2012 and 2011, respectively	112,456	66,936
Payroll Reimbursements, Related Party		590,608
TOTAL REVENUE	4,819,625	4,998,782
OPERATING EXPENSES
Room	977,216	979,435
Food and Beverage	263,079	257,276
Telecommunications	16,820	10,198
General and Administrative	796,372	838,205
Sales and Marketing	283,911	296,053
Repairs and Maintenance	395,997	425,624
Hospitality	227,023	223,337
Utilities	283,670	277,103
Hotel Property Depreciation	433,657	449,032
Real Estate and Personal Property Taxes, Insurance and Ground Rent	287,132	205,579
Other	2,408	3,130
Payroll Expenses, Related Party		590,608
TOTAL OPERATING EXPENSES	3,967,285	4,555,580
OPERATING INCOME	852,340	443,202
Interest Income	108	143
TOTAL OTHER INCOME	108	143
Interest on Mortgage Notes Payable	197,969	379,062
Interest on Notes Payable to Banks	204
Interest on Other Notes Payable	9,453	8,159
TOTAL INTEREST EXPENSE	207,626	387,221
CONSOLIDATED NET INCOME	644,822	56,124
LESS: NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	180,608	6,018
NET INCOME ATTRIBUTABLE TO CONTROLLING INTERESTS	$ 464,214	$ 50,106
NET INCOME PER SHARE – BASIC AND DILUTED (in Dollars per share)	$ 0.05	$ 0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC (in Shares)	8,441,045	8,578,626