La Quinta is one of the largest owner/operators of select service hotels in the United States.  La Quinta has committed to an aggressive strategic growth plan, increasing the number of hotels it owns, as well as expanding geographic distribution of the La Quinta brand.  Our corporate investment strategy is focused on making single-asset and portfolio acquisitions of select service properties.  The acquired hotels are subsequently renovated and repositioned as La Quinta Inn & Suites.  Since January 2006, La Quinta has committed over $400 million towards buying and converting hotels to the La Quinta brand.


Significant Financial Resources
Owned by the affiliates of The Blackstone Group L.P., La Quinta has access to financial resources to support ongoing investments and capital improvements, to tolerate temporary displacement from renovations and ramp-up and to commit quickly and with confidence to a transaction.

Brand and Management Infrastructure
La Quinta distinguishes itself from many other buyers in that no third-party approvals are required for brand affiliation or management.  All acquired hotels are branded as La Quinta Inn & Suites and managed by its own corporate operations group.

Professional Diligence and Conversion Team
La Quinta has a dedicated team of in-house professionals and third party consultants to deploy for diligence inspections and review, as well as the eventual closing and conversion of the property.  La Quinta’s conversion team encompasses all aspects of corporate support, including human resources and training, information technology, sales and marketing, and operations.

To submit a hotel for purchase consideration, contact:

Temple Weiss
Executive Vice President & Chief Financial Officer
909 Hidden Ridge, Suite 600
Irving, TX  75038
Phone: 214-492-6685
Fax: 214-492-6489
temple.weiss@laquinta.com

La Quinta has acquired hotels in California, Florida, South Carolina, North Carolina, New York, Maryland, Connecticut, Vermont, Rhode Island and Maine, among other states.  Hotels have been converted to La Quinta Inn & Suites from various other brands, including Independent, Hampton Inn, Fairfield Inn, Quality Hotel, Wingate Inn, Comfort Inn, Best Western, Holiday Inn and Holiday Inn Express.  Below is a representative sample of acquisitions.

La Quinta Inn & Suites – LAX Airport (Los Angeles, CA)

   

                      Before                                                               After

This 278 room, former Clarion Hotel is located along Century Boulevard, leading to the entrance of LAX Airport.  Virtually every area of the hotel was substantially renovated, including the lobby, breakfast area, meeting rooms, guest rooms, corridors, swimming pool and parking garage.

La Quinta Inn & Suites – Virginia Beach (Virginia Beach, VA)

   

                          Before                                                          After

This 137 room, former Comfort Inn & Suites is located one block from the beach and boardwalk. Renovations at this hotel encompass the exterior as well as the lobby, meeting rooms, breakfast area, swimming poll, guestrooms and guest baths.


La Quinta Inn & Suites – Stamford (Stamford, CT)

  

                           Before                                                          After

This 158 room, former Fairfield Inn which was a portfolio acquisition is located in the self-proclaimed “Insurance Capital of the World”, minutes north of New York.  The hotel features an attached, leased restaurant.  The hotel received substantial exterior renovations, as well as a new rooms package and bathroom upgrades.


La Quinta Inn & Suites – Bloomington (Bloomington, MN)

   

                      Before                                                            After

This 149 room, former Clarion is located near the Minneapolis/St. Paul Airport and minutes from the Mall of America. Post-acquisition renovation to this high-rise hotel included exterior enhancements, upgraded lobby, meeting and breakfast areas, and completely renovated guestrooms and baths.