Document:

Exhibit 10.3

                                 PROMISSORY NOTE

$723.00                                                            July 27, 2000
-------

FOR VALUED RECEIVED, and legally bound hereby, RRF LIMITED PARTNERSHIP
("Maker"), a Delaware limited partnership, InnSuites Hospitality Trust, General
Partner, an Ohio real estate investment trust, having an office at 1625 East
Northern Avenue, Suite 201, Phoenix, Arizona 85020 hereby promises to pay to
Hulsey Hotels Corporation. ("Note Holder") or order and address as specified
below the principal sum of SEVEN HUNDRED TWENTY THREE AND 00/100 DOLLARS
($723.00), with interest on the unpaid principal balance thereon from time to
time outstanding, at the rate of seven percent (7.00%) per annum, computed on a
three hundred sixty (360)-day year, to be due and payable in installments of
principal and interest as follows:

     (A)  $723.00 due in thirty days with 7% interest. Commencing on August 27,
          2000 this Note is due with one payment of the accrued but unpaid
          interest and outstanding principal balance. This is a non-recourse
          Note secured by 300 shares of InnSuites Hospitality Trust.

     (B)  Payments to be made payable to:

               Hulsey Hotels Corporation
               1625 E. Northern Ave Ste 201
               Phoenix  AZ  85020

The 300 shares of InnSuites Hospitality Trust will remain as security for the
unpaid balance on the Note.

At the option of the Note Holder, late charges upon written notice are assessed
as follows:

     10 days late, $50 penalty
     35 days late, $150 penalty
     Over 35 days late, Note Holder could declare the note in default and call
       the entire amount due.

Should default be declared, shares proportionate to unpaid principal balance
will be returned to Note Holder.

Principal and interest payable in lawful money of the United States.

If legal proceedings are entered into to recover on this Note, the undersigned
agree(s) to pay such sum as the Court may fix as attorney's fees.

The Makers and endorsers hereof severally waive diligence, demand, presentment
for payment and protest, and consent to the extension or time of payment of this
Note without notice.

                                        RRF LIMITED PARTNERSHIP,
                                        A Delaware limited partnership,
                                        InnSuites Hospitality Trust, General
                                        Partner an Ohio real estate
                                        investment trust

                                                By:  /s/ Marc E. Berg
                                                   -------------------------
                                                     Name:  Marc E. Berg
                                                     Title: Secretary/TreasurerExhibit 10.4

                                 PROMISSORY NOTE

$2,651.00                                                          July 27, 2000
---------

FOR VALUED RECEIVED, and legally bound hereby, RRF LIMITED PARTNERSHIP
("Maker"), a Delaware limited partnership, InnSuites Hospitality Trust, General
Partner, an Ohio real estate investment trust, having an office at 1625 East
Northern Avenue, Suite 201, Phoenix, Arizona 85020 hereby promises to pay to
Hotels America Limited Liability Company ("Note Holder") or order and address as
specified below the principal sum of TWO THOUSAND SIX HUNDRED FIFTY ONE AND
00/100 DOLLARS ($2,651.00), with interest on the unpaid principal balance
thereon from time to time outstanding, at the rate of seven percent (7.00%) per
annum, computed on a three hundred sixty (360)-day year, to be due and payable
in installments of principal and interest as follows:

     (A)  $2,651.00 due in thirty days with 7% interest. Commencing on August
          27, 2000 this Note is due with one payment of the accrued but unpaid
          interest and outstanding principal balance. This is a non-recourse
          Note secured by 1,100 shares of InnSuites Hospitality Trust.

     (B)  Payments to be made payable to:
                  Hotels America LLC
                  1625 E. Northern Ave Ste 201
                  Phoenix  AZ  85020

The 1,100 shares of InnSuites Hospitality Trust will remain as security for the
unpaid balance on the Note.

At the option of the Note Holder, late charges upon written notice are assessed
as follows:

        10 days late, $50 penalty
        35 days late, $150 penalty
        Over 35 days late, Note Holder could declare the note in default and
          call the entire amount due.

Should default be declared, shares proportionate to unpaid principal balance
will be returned to Note Holder.

Principal and interest payable in lawful money of the United States.

If legal proceedings are entered into to recover on this Note, the undersigned
agree(s) to pay such sum as the Court may fix as attorney's fees.

The Makers and endorsers hereof severally waive diligence, demand, presentment
for payment and protest, and consent to the extension or time of payment of this
Note without notice.

                                      RRF LIMITED PARTNERSHIP,
                                      A Delaware limited partnership,
                                      InnSuites Hospitality Trust, General
                                      Partner an Ohio real estate
                                      investment trust

                                               By:  /s/ Marc E. Berg
                                                  ------------------------------
                                                    Name:  Marc E. Berg
                                                    Title: Secretary/TreasurerExhibit 10.5

                                 PROMISSORY NOTE

$14,091.27                                                         July 27, 2000
----------

FOR VALUED RECEIVED, and legally bound hereby, RRF LIMITED PARTNERSHIP
("Maker"), a Delaware limited partnership, InnSuites Hospitality Trust, General
Partner, an Ohio real estate investment trust, having an office at 1625 East
Northern Avenue, Suite 201, Phoenix, Arizona 85020 hereby promises to pay to
Innternational Suites Corporation. ("Note Holder") or order and address as
specified below the principal sum of FOURTEEN THOUSAND NINETY ONE AND 27/100
DOLLARS ($14,091.27), with interest on the unpaid principal balance thereon from
time to time outstanding, at the rate of seven percent (7.00%) per annum,
computed on a three hundred sixty (360)-day year, to be due and payable in
installments of principal and interest as follows:

     (A)  $14,091.27 due in thirty days with 7% interest. Commencing on August
          27, 2000 this Note is due with one payment of the accrued but unpaid
          interest and outstanding principal balance. This is a non-recourse
          Note secured by 5,847 shares of InnSuites Hospitality Trust.

     (B)  Payments to be made payable to:

               Innternational Suites Corporation
               1625 E. Northern Ave Ste 201
               Phoenix  AZ  85020

The 5,847 shares of InnSuites Hospitality Trust will remain as security for the
unpaid balance on the Note.

At the option of the Note Holder, late charges upon written notice are assessed
as follows:

         10 days late, $50 penalty
         35 days late, $150 penalty
         Over 35 days late, Note Holder could declare the note in default and
           call the entire amount due.

Should default be declared, shares proportionate to unpaid principal balance
will be returned to Note Holder.

Principal and interest payable in lawful money of the United States.

If legal proceedings are entered into to recover on this Note, the undersigned
agree(s) to pay such sum as the Court may fix as attorney's fees.

The Makers and endorsers hereof severally waive diligence, demand, presentment
for payment and protest, and consent to the extension or time of payment of this
Note without notice.

                                     RRF LIMITED PARTNERSHIP,
                                     A Delaware limited partnership,
                                     InnSuites Hospitality Trust, General
                                     Partner an Ohio real estate
                                     investment trust

                                         By: /s/ Marc E. Berg
                                            ------------------------------------
                                             Name:  Marc E. Berg
                                             Title: Secretary/TreasurerExhibit 10.6

                                 PROMISSORY NOTE

$19,954.80                                                         July 27, 2000
----------

FOR VALUED RECEIVED, and legally bound hereby, RRF LIMITED PARTNERSHIP
("Maker"), a Delaware limited partnership, InnSuites Hospitality Trust, General
Partner, an Ohio real estate investment trust, having an office at 1625 East
Northern Avenue, Suite 201, Phoenix, Arizona 85020 hereby promises to pay to
InnSuites Innternational Inns & Resorts, Inc. (Az) ("Note Holder") or order and
address as specified below the principal sum of NINETEEN THOUSAND NINE HUNDRED
FIFTY FOUR AND 80/100 DOLLARS ($19,954.80), with interest on the unpaid
principal balance thereon from time to time outstanding, at the rate of seven
percent (7.00%) per annum, computed on a three hundred sixty (360)-day year, to
be due and payable in installments of principal and interest as follows:

     (A)  $19,954.80 due in sixty days with 7% interest. Commencing on September
          27, 2000 this Note is due with one payment of the accrued but unpaid
          interest and outstanding principal balance. This is a non-recourse
          Note secured by 8,280 shares of InnSuites Hospitality Trust.

     (B)  Payments to be made payable to: InnSuites Innternational Inns &
          Resorts, Inc. (Az) 1625 E. Northern Ave Ste 201 Phoenix AZ 85020

The 8,280 shares of InnSuites Hospitality Trust will remain as security for the
unpaid balance on the Note.

At the option of the Note Holder, late charges upon written notice are assessed
as follows:

          10 days late, $50 penalty
          35 days late, $150 penalty
          Over 35 days late, Note Holder could declare the note in default and
            call the entire amount due.

Should default be declared, shares proportionate to unpaid principal balance
will be returned to Note Holder.

Principal and interest payable in lawful money of the United States.

If legal proceedings are entered into to recover on this Note, the undersigned
agree(s) to pay such sum as the Court may fix as attorney's fees.

The Makers and endorsers hereof severally waive diligence, demand, presentment
for payment and protest, and consent to the extension or time of payment of this
Note without notice.

                                   RRF LIMITED PARTNERSHIP,
                                   A Delaware limited partnership,
                                   InnSuites Hospitality Trust, General
                                   Partner an Ohio real estate
                                   investment trust

                                        By: /s/ Marc E. Berg
                                           -------------------------------------
                                            Name:  Marc E. Berg
                                            Title: Secretary/Treasurer

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