 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.In 2002, Intown Suites expanded by purchasing Suburban Lodges of America for $99 million, four years later they acquired SuiteOne hotels.