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Stock Quote

  • Market Value ($M)2,906.39
  • Change ($)(0.18)
  • Change (%)(0.80)
  • Volume1,016,014
  • Stock Quote ($)22.21
As of February 27, 2015 - Minimum 20 minute delay.

Fourth Quarter 2014 Earnings Conference Call
Tuesday, February 24, 2015
5:00 PM ET

We are a leading owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand. Based on data provided by STR, La Quinta is the fastest growing principal select-service hotel brand in the United States primarily serving these segments in terms of percentage growth of number of hotels over the last ten years ended September 30, 2014, growing our total number of hotels from 362 in 2003 to 854 as of September 30, 2014, significantly outpacing the percentage growth of hotels franchised, owned and operated by Comfort, Holiday Inn Express and Hampton, the hotel brands one or more of which is most often included in the competitive sets we determine for STR, subject to STR’s guidelines, which we refer to as our “main STR competitive set.”

Our system-wide portfolio, as of September 30, 2014, consisted of 854 hotels representing approximately 85,500 rooms located predominantly across 47 U.S. states, as well as in Canada and Mexico, of which 353 hotels were owned and operated and 501 were franchised. We also have a pipeline of 196 franchised hotels as of September 30, 2014, to be located in the United States, Mexico, Canada, Colombia, Honduras, Nicaragua, and Guatemala.

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