<ARTICLE> 5 <CIK> 0000919640 <NAME> SUPERTEL HOSPITALITY, INC. <MULTIPLIER> 1,000 <CURRENCY> U.S. <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1 <CASH> 9,532,430 <SECURITIES> 0 <RECEIVABLES> 1,157,372 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 11,331,725 <PP&E> 108,740,409 <DEPRECIATION> 18,365,073 <TOTAL-ASSETS> 103,405,644 <CURRENT-LIABILITIES> 6,047,217 <BONDS> 63,534,321 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48,400 <OTHER-SE> 32,812,195 <TOTAL-LIABILITY-AND-EQUITY> 103,405,644 <SALES> 46,344,815 <TOTAL-REVENUES> 46,344,815 <CGS> 0 <TOTAL-COSTS> 28,008,486 <OTHER-EXPENSES> 7,215,515 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,529,700 <INCOME-PRETAX> 6,696,497 <INCOME-TAX> 2,594,832 <INCOME-CONTINUING> 4,101,665 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,101,655 <EPS-PRIMARY> .85 <EPS-DILUTED> .85