<ARTICLE> 5 <CIK> 0001011449 <NAME> SUBURBAN LODGES OF AMERICA <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 55,962,296 <SECURITIES> 0 <RECEIVABLES> 106,283 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 57,449,388 <PP&E> 86,751,991 <DEPRECIATION> (3,170,446) <TOTAL-ASSETS> 141,799,774 <CURRENT-LIABILITIES> 2,776,497 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 121,776 <OTHER-SE> 123,830,247 <TOTAL-LIABILITY-AND-EQUITY> 141,799,774 <SALES> 3,922,664 <TOTAL-REVENUES> 4,692,636 <CGS> 0 <TOTAL-COSTS> 2,734,680 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,247 <INCOME-PRETAX> 1,956,709 <INCOME-TAX> 699,528 <INCOME-CONTINUING> 1,257,181 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,257,181 <EPS-PRIMARY> $.11 <EPS-DILUTED> 0