EXHIBIT 31.2

                                CFO CERTIFICATION

I, J. Mitchell Collins, certify that:

1. I have reviewed this annual report on Form 10-K of Equity Inns, Inc. (the
"Company");

2. Based on my knowledge, this annual report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this annual
report.

3. Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
Company as of, and for, the periods presented in this annual report;

4. The Company's other certifying officer and I are responsible for establishing
and maintaining disclosure controls and procedures (as defined in Exchange Act
Rules 13a-15(e) and 15d-15(e)) for the Company and we have:

       (a) designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the Company, including its
consolidated subsidiaries, is made known to us by others within those entities,
particularly during the period in which this annual report is being prepared;

       (b) evaluated the effectiveness of the Company's disclosure controls and
procedures and presented in this annual report our conclusions about the
effectiveness of the disclosure controls and procedures based on our evaluation
as of the end of the period covered by this annual report;

       (c) disclosed in this annual report any change in the Company's internal
controls over financial reporting that occurred during the Company's fiscal
quarter ended December 31, 2003 that has materially affected, or is reasonably
likely to materially to affect, the Company's internal controls over financial
reporting.

5. The Company's other certifying officer and I have disclosed, based on our
most recent evaluation of internal controls over financial reporting, to the
Company's auditors and the audit committee of the Company's board of directors
(or persons performing the equivalent function):

       (a) all significant deficiencies and material weaknesses in the design or
operation of internal controls over financial reporting which are reasonably
likely to adversely affect the Company's ability to record, process, summarize
and report financial information; and

       (b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the Company's internal controls over
financial reporting.



Date:  March 12, 2004                                /s/J. Mitchell Collins
                                                     ----------------------
                                                     J. Mitchell Collins
                                                     Executive Vice President,
                                                     Chief Financial Officer,
                                                     Secretary and Treasurer