<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF STUDIO PLUS HOTELS, INC'S MARCH 31, 1996 FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH MARCH 31, 1996 FORM 10-Q </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-1-1996 <PERIOD-END> MAR-31-1996 <CASH> 3,654 <SECURITIES> 0 <RECEIVABLES> 561 <ALLOWANCES> 70 <INVENTORY> 0 <CURRENT-ASSETS> 4,504 <PP&E> 74,020 <DEPRECIATION> 7,394 <TOTAL-ASSETS> 72,467 <CURRENT-LIABILITIES> 4,409 <BONDS> 0 <PREFERRED-MANDATORY> 51 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 52,180 <TOTAL-LIABILITY-AND-EQUITY> 72,467 <SALES> 0 <TOTAL-REVENUES> 4,423 <CGS> 0 <TOTAL-COSTS> 1,917 <OTHER-EXPENSES> 1,564 <LOSS-PROVISION> 14 <INTEREST-EXPENSE> (32) <INCOME-PRETAX> 960 <INCOME-TAX> 375 <INCOME-CONTINUING> 585 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 585 <EPS-PRIMARY> .11 <EPS-DILUTED> .11