<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF STUDIO PLUS HOTELS, INC. FOR THE YEAR ENDED DECEMBER 31, 1996 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 34,678 <SECURITIES> 0 <RECEIVABLES> 740 <ALLOWANCES> 102 <INVENTORY> 0 <CURRENT-ASSETS> 36,378 <PP&E> 119,040 <DEPRECIATION> 9,549 <TOTAL-ASSETS> 146,240 <CURRENT-LIABILITIES> 7,039 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 125 <OTHER-SE> 133,488 <TOTAL-LIABILITY-AND-EQUITY> 146,240 <SALES> 0 <TOTAL-REVENUES> 25,271 <CGS> 0 <TOTAL-COSTS> 9,534 <OTHER-EXPENSES> 7,157 <LOSS-PROVISION> 99 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 8,481 <INCOME-TAX> 3,307 <INCOME-CONTINUING> 5,174 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,174 <EPS-PRIMARY> .45 <EPS-DILUTED> .45