2018 Press Releases

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05/08/18La Quinta Holdings Inc. Reports First Quarter 2018 Results
First Quarter RevPAR Increased 4.3 percent; First Quarter Franchise and other Fee-based Revenue Grew 8.0 percent IRVING, Texas, May 08, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE:LQ) today reported its results for the first quarter ended March 31, 2018. First Quarter 2018 Highlights Grew system-wide comparable RevPAR 4.3 percent; excluding the owned hotels significantly impacted by Hurricanes Irma and Harvey and the owned hotels undergoing sign... 
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05/08/18La Quinta Board of Directors Approves Spin-Off of CorePoint Lodging in Connection with Transaction with Wyndham Worldwide
Completion of spin-off of CorePoint Lodging, followed by closing of La Quinta merger with Wyndham Worldwide, expected to occur on May 30, 2018 Record date for spin-off to be May 18, 2018; CorePoint Lodging expected to begin “regular way” trading on the New York Stock Exchange on May 31, 2018 La Quinta stockholders to receive one share of CorePoint Lodging for every one share of La Quinta after giving effect to a 1-for-2 reverse stock split of La Quinta occurring immediately prior t... 
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04/26/18La Quinta Holdings Inc. Stockholders Approve Acquisition by Wyndham
IRVING, Texas, April 26, 2018 (GLOBE NEWSWIRE) -- At a special meeting today, stockholders of La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE:LQ) approved the adoption of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 17, 2018, as it may be amended from time to time, by and among Wyndham Worldwide Corporation (“Wyndham”), WHG BB Sub, Inc. (“Merger Sub”) and La Quinta. Subject to the terms and conditions of the Merger Agreement, Merger Sub, a direct ... 
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04/25/18La Quinta Holdings to Report First Quarter 2018 Earnings
IRVING, Texas, April 25, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (the "Company") (NYSE:LQ) today announced that the Company will release financial results for the first fiscal quarter of 2018 after the market closes on Tuesday, May 8, 2018. The Company will also provide prepared remarks in a call for investors and other interested parties beginning at 5:00 p.m. Eastern Time on Tuesday, May 8, 2018. The call may be accessed by dialing (844) 395-9252, or (478) 219-0505 for internatio... 
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03/09/18La Quinta Holdings Announces Record Date and Special Meeting of Stockholders Related to its Proposed Acquisition by Wyndham Worldwide
IRVING, Texas, March 09, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (the "Company" or “La Quinta”) (NYSE:LQ) announced today that the Company has established a record date of March 19, 2018, and a meeting date of April 26, 2018, for a special meeting of its stockholders to, among other things, consider and vote on a proposal to approve the previously announced Agreement and Plan of Merger (the “Merger Agreement”) with Wyndham Worldwide Corporation, a Delaware corporation (“Wyndham Worldw... 
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02/28/18La Quinta Holdings Inc. Reports Fourth Quarter and Full Year 2017 Results
Fourth Quarter RevPAR Increased 3.4 percent; Fourth Quarter Franchise and other Fee-based Revenue Grew 5.1 percent IRVING, Texas, Feb. 28, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE:LQ) today reported its fourth quarter and full year results for the period ended December 31, 2017. Fourth Quarter 2017 Highlights Grew system-wide comparable RevPAR 3.4 percent; excluding the owned hotels significantly impacted by Hurricanes Irma and Harvey and t... 
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02/20/18La Quinta Holdings to Report Fourth Quarter and Full Year 2017 Earnings and to Host Conference Call
IRVING, Texas, Feb. 20, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (the "Company") (NYSE:LQ) today announced that the Company will release financial results for the fourth quarter and full year 2017 after the market closes on Wednesday, February 28, 2018. The Company will host a conference call for investors and other interested parties beginning at 5:30 p.m. Eastern Time on Wednesday, February 28, 2018. The call may be accessed by dialing (844) 395-9252, or (478) 219-0505 for interna... 
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01/18/18Wyndham Worldwide and La Quinta Holdings Announce Acquisition Agreement
Wyndham Worldwide to Purchase La Quinta's Franchise and Management Businesses after Spin-Off of La Quinta's Real Estate Assets into CorePoint Lodging Inc. High-Quality, Midscale Brand Expands Wyndham Hotel Group's System to Over 9,000 Hotels PARSIPPANY, N.J. and IRVING, Texas, Jan. 18, 2018 /PRNewswire/ -- Wyndham Worldwide Corporation (NYSE: WYN) and La Quinta Holdings Inc. (NYSE: LQ) announced today that they have entered into a definitive agreement under which Wyndham Worldwide will acq... 
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01/18/18La Quinta Holdings Names Keith A. Cline President and CEO of CorePoint Lodging Inc.
Appointment Takes Effect upon the Planned Spin-Off of Company’s Owned Real Estate Assets Into New Publicly Traded Company named CorePoint Lodging IRVING, Texas, Jan. 18, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of La Quinta Holdings Inc. (NYSE:LQ) (the "Company" or "La Quinta") today announced the appointment of Keith A. Cline to serve as President and Chief Executive Officer of CorePoint Lodging Inc. (“CorePoint” or “CPLG”).  The appointment will take effect immediately upon the compl... 
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