La Quinta Inns & Suites
La Quinta Inns is part of the LQ Management, owner of the La Quinta (which is Spanish for the villa) brand. The company owns, operates, or franchises more than 650 hotels under the La Quinta Inns and La Quinta Inn & Suites brands. The company's properties, which operate in the limited service segment, are located in about 45 US states and Canada. LQ Management is expanding by adding franchises and through corporate development and acquisitions. In addition, the company is spending $275 million on property upgrades. LQ Management is owned by investment firm The Blackstone Group.
Facts & Figures
LQ Management LLC is one of the largest operators of limited service hotels in the U.S. With its La Quinta brand, LQ Management LLC now owns, operates, or franchises more than 600 hotels in the U.S. and Canada. Since beginning its franchise program in 200
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