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COVID-19 DISCLOSURE
6 Months Ended
Jul. 31, 2025
Unusual or Infrequent Items, or Both [Abstract]  
COVID-19 DISCLOSURE

19. COVID-19 DISCLOSURE

 

COVID-19 had a material detrimental impact on our business, financial results and liquidity in Fiscal Year 2021, ended January 31, 2021. Its consequences had dramatically reduced travel and demand for hotel rooms, in Fiscal Year 2021. We believe that lodging demand and revenue level have now recovered.

 

Fiscal Year 2025, starting February 1, 2024 and ending January 31, 2025, confirmed a significant strong rebound and encouraging progress. The start of Fiscal Year 2026, starting February 1, 2025 and ending January 31, 2026, has shown revenue is stable, but profits down somewhat as a result of inflation and increased costs.