<ARTICLE> 5 <CIK> 0001011449 <NAME> SUBURBAN LODGES OF AMERICA, INC. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,018,419 <SECURITIES> 75,321,859 <RECEIVABLES> 107,658 <ALLOWANCES> 12,500 <INVENTORY> 178,571 <CURRENT-ASSETS> 79,615,519 <PP&E> 53,465,923 <DEPRECIATION> 2,721,819 <TOTAL-ASSETS> 131,000,392 <CURRENT-LIABILITIES> 3,806,891 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 115,258 <OTHER-SE> 112,078,243 <TOTAL-LIABILITY-AND-EQUITY> 131,000,392 <SALES> 0 <TOTAL-REVENUES> 10,222,524 <CGS> 0 <TOTAL-COSTS> 10,222,524 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 555,625 <INCOME-PRETAX> 0 <INCOME-TAX> 1,047,338 <INCOME-CONTINUING> 2,384,692 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,384,692 <EPS-PRIMARY> .31 <EPS-DILUTED> 0