<ARTICLE> 5 <CIK> 1084681 <NAME> Apple Suites, Inc. <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> MAR-31-2000 <CASH> 3,781,922 <SECURITIES> 0 <RECEIVABLES> 3,335,907 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 93,450,963 <DEPRECIATION> 1,045,410 <TOTAL-ASSETS> 102,814,839 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 32,985,016 <OTHER-SE> 12,803 <TOTAL-LIABILITY-AND-EQUITY> 102,814,839 <SALES> 0 <TOTAL-REVENUES> 3,454,685 <CGS> 0 <TOTAL-COSTS> 2,948,622 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,453,110 <INCOME-PRETAX> 506,063 <INCOME-TAX> 0 <INCOME-CONTINUING> 506,063 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 506,063 <EPS-BASIC> .14 <EPS-DILUTED> .14 <FN> <F1> Current Assets and Current Liabilities are not separated to conform with industry standards. <F2> Income is from rental income. There are no Sales or Cost of Goods Sold. </FN>