**Exhibit 21**

**SUBSIDIARIES**

Innkeepers USA Trust, a Maryland real estate investment trust (the“Company”), operates principally through two entities, (i) Innkeepers Financial Corporation, a Virginia corporation (“IFC”), which is a wholly-owned subsidiary of the Company, and (ii) Innkeepers USA LimitedPartnership, a Virginia limited partnership (the “Partnership”), of which IFC is the sole general partner. Each of the Company’s wholly-owned hotels is held by (a) the Partnership, (b) a subsidiary limited partnership thatis owned 99% by the Partnership and 1% by either the Company directly or a corporation that is wholly-owned by the Company or (c) a limited liability company (“LLC”) that is owned by the Partnership (subject to carried profitsinterests held by others in the case of the LLCs that own the Ft Walton Beach, FL Sheraton Four Points, Valencia, CA Embassy Suites and Louisville, KY Hampton Inn hotels). Each of the Company’s wholly-owned hotels is leased by its owner to acorporation or LLC wholly-owned by an incorporated holding company owned 100% by the Partnership (the “Holding Company”). One joint venture hotel is (1) owned by an LLC in which another LLC wholly-owned by the Partnership owns a 49%interest and (2) leased to an LLC in which another LLC wholly-owned by the Holding Company owns a 49% interest. The following table lists all of the subsidiaries of the Company (other than IFC and the Partnership): 

Innkeepers Financial Corporation II 

Innkeepers Financial Corporation III 

Innkeepers Financial Corporation IV 

Innkeepers Financial Corporation V 

Innkeepers Financing Partnership, L.P. 

Innkeepers Financing Partnership II, L.P. 

Innkeepers Financing Partnership III, L.P. 

Innkeepers Financing Partnership IV, L.P. 

KPA Valencia, LLC 

KPA Ft. Walton, LLC 

Innkeepers ResidenceAddison, Inc. 

Innkeepers Residence Addison, L.P. 

Innkeepers Residence Arlington, Inc. 

Innkeepers Residence Arlington, L.P. 

Innkeepers Residence Atlanta-Downtown, Inc. 

Innkeepers Residence Atlanta-Downtown, L.P. 

Innkeepers Residence Denver-Downtown, L.P. 

Innkeepers Residence East Lansing Inc. 

Innkeepers Residence East Lansing L.P. 

Innkeepers Westchester, L.P. 

KPA Louisville, LLC 

Innkeepers ResidenceGrand Rapids, Inc. 

KPA Leaseco, Inc. 

KPA Leaseco III, Inc. 

KPA Leaseco V, Inc. 

KPA First, LLC 

KPA HI Ontario, LLC 

KPA Ontario Lessee, LLC 

KPA HS Anaheim, LLC

KPA Anaheim Orange Lessee, LLC 

KPA RIGG, LLC 

KPA RIGG Lessee, LLC 

KPA RIMV, LLC 

KPA RIMV Lessee, LLC 

Innkeepers Residence Grand Rapids, L.P. 

Innkeepers Residence Portland, Inc. 

Innkeepers Residence Portland, L.P. 

Innkeepers Residence San Mateo, Inc. 

Innkeepers Residence San Mateo, L.P. 

Innkeepers Residence Shelton, Inc. 

Innkeepers Residence Shelton, L.P. 

Innkeepers Residence Sili I, L.P 

Innkeepers Residence Sili II, Inc. 

Innkeepers Residence Sili II, L.P. 

Innkeepers Residence Wichita East, L.P. 

Innkeepers RI Altamonte, Inc. 

Innkeepers RI Altamonte, L.P. 

Innkeepers RIGeneral, Inc. 

Innkeepers RI General, L.P. 

Innkeepers RI Northwest, Inc. 

Innkeepers RI Northwest, L.P. 

Innkeepers Schaumburg, L.P. 

InnkeepersSummerfield General, L.P. 

Innkeepers Summerfield General II, L.P. 

Innkeepers Sunrise Tinton Falls, L.P. 

Innkeepers Rockville LLC 

KPA Leaseco II, Inc. 

KPA Leaseco IV, Inc. 

KPA Leaseco Holding Inc. 

Innkeepers Morristown, LLC 

KPA San Antonio,LLC 

KPA Tysons Corner RI, LLC 

KPA Washington DC, LLC 

KPA Mex 1, LLC 

KPA Mex 2, LLC 

Innkeepers Optima, S. de R.L. de CV 

KPA Raleigh, LLC 

KPA Raleigh Leaseco, LLC