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La Quinta Enjoys Strong Growth In The First Half Of 2006

La Quinta Enjoys Strong Growth In The First Half Of 2006

Category: Worldwide
This is a press release selected by our editorial committee and published online for free on 2006-09-04


La Quinta announced it opened 31 hotels in the first half of 2006, as a result of its aggressive franchising and corporate development programs. The hotels are located in thirteen states in all parts of the country and added more than 3,400 rooms to the La Quinta system. Additional rapid growth is expected in the second half of the year thanks to an active and expanding pipeline of new properties.

"We are pleased to share these numbers that indicate the pace of La Quinta's growth," said Wayne Goldberg, President and CEO for La Quinta. "Our expansion in the first part of the year is continuing testimony to the value of the La Quinta brand in the marketplace and the positive reception we continue to receive among the development and franchise communities."

La Quinta's industry-leading franchise program continued its impressive performance, adding 24 properties in the first half of 2006. Newly opened franchised hotels range in size from 50 to 169 rooms, in markets as diverse as San Diego, California, and Rapid City, South Dakota. (See below for a complete listing of La Quinta properties opened in the first half of 2006.)

Rajiv Trivedi, La Quinta's Executive Vice President for Franchising said, "We are pleased with the results of our franchising efforts, which include the opening of some of the finest properties in the La Quinta system." He concluded, "I am especially glad to note the continued loyalty of our long-time franchisee base, which forms the backbone of our system. Together with all our franchisees, our corporate sales and service teams look forward to operating, maintaining and further expanding the highest-caliber franchise system in the hotel industry."

La Quinta's franchising program was launched in 2000. Since that time, it has grown rapidly and developed some of the most innovative service, support and property performance enhancement programs in the industry. La Quinta now has 176 franchised properties.

La Quinta's corporate development and acquisition program continued strong, adding seven properties in the first half of 2006. Corporate acquisitions included high-profile locations in markets such as Bloomington, MN near the Minneapolis-St. Paul International Airport and Mall of America and Islip, NY less than a mile from Long Island's MacArthur Airport. In downtown Little Rock, Arkansas, a newly acquired hotel brought more than 200 rooms into the La Quinta system.

Franchise Properties

La Quinta Inn - San Antonio, TX (118 rooms)
La Quinta Inn - Moss Point, MS (50 rooms)
La Quinta Inn - Douglasville, GA (90 rooms)
La Quinta Inn - Vidor, TX (58 rooms)
La Quinta Inn & Suites - Florence, KY (70 rooms)
La Quinta Inn - Columbia, SC (121 rooms)
La Quinta Inn - Ripon, CA (60 rooms)
La Quinta Inn & Suites - Carter Lake, IA (102 rooms)
La Quinta Inn & Suites - Knoxville, TN (65 rooms)
La Quinta Inn - San Diego, CA (169 rooms)
La Quinta Inn - Carlsbad, CA (111 rooms)
La Quinta Inn & Suites - Latham, NY (78 rooms)
La Quinta Inn - Dallas, TX (100 rooms)
La Quinta Inn - Bishop, CA (60 rooms)
La Quinta Inn & Suites - Rapid City, SD (100 rooms)
La Quinta Inn & Suites - Rifle, CO (65 rooms)
La Quinta Inn & Suites - Overland Park, KS (143 rooms)
La Quinta Inn & Suites - Belton, TX (72 rooms)
La Quinta Inn - Monterey, CA (50 rooms)
La Quinta Inn - Rochester, MN (94 rooms)
La Quinta Inn - N. Myrtle Beach, SC (82 rooms)
La Quinta Inn & Suites - Salida, CA (67 rooms)
La Quinta Inn & Suites - Bakersfield, CA (67 rooms)
La Quinta Inn & Suites - Bellingham, WA (62 rooms)

Corporate Properties

La Quinta Inn - Santa Ana, CA (181 rooms)
La Quinta Inn & Suites - Los Angeles, CA (278 rooms)
La Quinta Inn & Suites - Anaheim, CA (129 rooms)
La Quinta Inn & Suites - Little Rock, AR (260 rooms)
La Quinta Inn - Myrtle Beach, SC (149 rooms)
La Quinta Inn & Suites - Bloomington, MN (252 rooms)
La Quinta Inn & Suites - Islip, NY (132 rooms)



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