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La Quinta Inns & Suites
Hotel
LQ Management, owner of the La Quinta (which is Spanish for the villa) brand, wants you to stay at its place. The company owns, operates, or franchises 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 across the U.S., Mexico, and Canada. LQ Management is expanding by adding franchises and through corporate development and acquisitions. It is owned by investment firm The Blackstone Group.
2011 AllStar Rank: 24
2010 AllStar Rank: 22
2009 AllStar Rank: 14
2010 AllStar Rank: 22
2009 AllStar Rank: 14
AllStar Franchise
AllStar Rank:
46
See All AllStar Franchises
La Quinta Inns & Suites
909 Hidden Ridge
Irving, TX 75038
214-492-6600
Fast Facts
| Year established | 1968 |
| Franchising since | 2001 |
| Can be run from home? | No |
| Item 19 Financial Performance Representation? | No |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| Absentee ownership allowed? | No |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 432 | 3 | 372 |
| 2010 | 430 | 3 | 372 |
| 2009 | 377 | 2 | 387 |
Expanding in These Locations
United States, Canada, Mexico
Costs
| Total Investment | $257,967 - $8,095,020 |
| Franchise Fee | $50,000 |
| Royalty Fee | 4.5% |
Financial Requirements
| Net Worth | $2,500,000 |
| Liquid Capital | No minimum requirement |
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | No |
AllStar Franchise
AllStar Rank:
46
See All AllStar Franchises
La Quinta Inns & Suites
909 Hidden Ridge
Irving, TX 75038
214-492-6600
Content provided by Hoovers.com
LQ Management LLC
LQ Management, owner of the La Quinta (which is Spanish for the villa) brand, wants you to stay at its place. The company owns, operates, or franchises hotels under the La Quinta Inns and La Quinta Inn & Suites brands. The company's properties, which operate in the limited service segment, are ...
| Company Type: | Subsidiary |
| Employees: | 9,130 |
| Executives: | Wayne B. Goldberg, President and CEOAngelo J. Lombarbi, EVP and COOTemple H. Weiss, EVP and CFO |
| Sales: | $307,400,000 |
| See More Financials | |
| Industries: | Mid-Priced Hotels & Motels |
| See More Industries | |
| Top Competitors: | AccorMarriottWyndham Worldwide |
AllStar Franchise
AllStar Rank:
46
See All AllStar Franchises
La Quinta Inns & Suites
909 Hidden Ridge
Irving, TX 75038
214-492-6600
