InTown Suites

InTown Suites location in Houston, TX

Currently, weekly rates range from $159 to $399, depending on market and seasonality. Rooms are typically sold by the week or longer, but 54 locations also sell nightly rooms. The product offering falls between a traditional hotel and an apartment, with an average length of stay approaching 16 weeks.

The company owns and operates all of its locations, rather than franchising them.[1]

Intown Suites was founded in 1988 by David Vickers.[2] 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 June 2013, the company was purchased by Starwood Capital Group. [3]

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.[4] In 2002, Intown Suites expanded by purchasing Suburban Lodges of America for $99 million,[5] four years later they acquired SuiteOne hotels.[6] In 2007, InTown Suites purchased another 12 Suburban Lodge locations in Georgia, Florida and Alabama, plus two additional Suburban Lodge locations in Houston, Texas a year later. In 2014, the company purchased four Savannah Suites location in Hampton Roads, Virginia. In May 2015, the company added another 50 locations.

• Official website