InTown Suites is an American chain of extended stay properties in the United States, headquartered in Atlanta, GA. InTown Suites has 196 locations in 22 states.
History
Intown Suites was founded in 1988 by David Vickers.[1] During two decades of existence, Intown Suites has proved to be a very successful business, and is currently one of the fastest growing extended-stay chains. In May 2015, 50 properties were purchased by Starwood Capital Group.[2]
In 1998, Intown Suites expanded from 26 to 76 properties in a $150 million investment, an alternative to going public. In 2001, Intown Suites had a room occupancy rate of 87%, compared with a 73% average for the entire industry.[3] In 2002, Intown Suites expanded by purchasing Suburban Lodges of America for $99 million,[4] keeping its company-owned properties but spinning off its franchises into Suburban Extended Stay Hotels