| "InTown Suites is a budget segment developer, owner and operator of extended stay facilities. InTown offers the consumer an affordable alternative to the nightly rates of hotels and long-term commitments of apartment leases. The Company's facilities are designed to appeal to the price-conscious guest who is seeking conveniently located, safe, clean, and furnished accommodations. Each facility is located in predominately retail-oriented locations (i.e., shops, restaurants, movie theaters) proximate to major metropolitan areas."
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