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 La Quinta Opens First New Baymont Since its Acquisition
of the Baymont Inns & Suites Brand; the Baymont Inns
& Suites in Ann Arbor, Michigan

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DALLAS, Oct. 22, 2004 - La Quinta Corporation (NYSE: LQI) announces the opening of the Company's first new Baymont since its acquisition of the Baymont Inns & Suites brand in September.  The two-story, 50-room Baymont Inns & Suites-Ann Arbor in Ann Arbor, MI is owned and operated by Akram Namou.  The hotel, located at 2376 Carpenter Road, is the brand's 20th hotel in the state of Michigan and offers convenient access to the University of Michigan and Eastern Michigan University.

"We are pleased to be adding to our Baymont portfolio of hotels with the opening of the new Baymont Inns & Suites in Ann Arbor," said Akram Namou, franchisee.  "The Baymont brand has performed well for us and we're confident that La Quinta's expertise as an owner/operator will serve us well for years to come."

"The opening of the Baymont Inns & Suites-Ann Arbor illustrates our commitment to growing the Baymont brand by at least 25 hotels per year through our franchise friendly approach," said Alan Tallis, executive vice president and chief development officer for La Quinta Corporation.  "Baymont franchisees like Akram Namou have been extremely helpful over the past several months.  We look forward to working with all Baymont franchisees and providing them the support and infrastructure that has made the La Quinta franchise program successful."

Baymont Inns & Suites continues to be a leading brand in the limited-service lodging segment.  The brand offers a 110% Satisfaction Guarantee, and has a frequent-stay program-Guest Ovations(R) -- with more than 300,000 members and growing.  In addition, Baymont's Ovations Rooms offer upscale amenities not found in competitive mid-market hotels, such as plush pillow-top mattresses, down pillows, fluffy towels, branded bath products and free in-room bottled water.  The rooms also feature an enhanced workstation with an executive-sized desk, comfortable ergonomic chair and task lamp with a data port.

La Quinta Corporation is one of the largest owner/operators of limited-service hotels in the United States.  Based in Dallas, Texas, the Company owns, operates or franchises more than 550 hotels in 39 states under the La Quinta Inns(R), La Quinta Inn & Suites(R), Baymont Inns & Suites(R), Woodfield Suites(R) and Budgetel(R) brands. 


 
Contact:
La Quinta Corporation
http://www.LQ.com
Also See: Marcus Sell of Baymont Consistent with Commitment to Maximize Shareholder Value; Impact on Corporate Office Staff to be Determined, First Budgetel Inn Opened in 1974 in Oshkosh, Wisconsin / July 2004
Developer Bobby Gosal Building a 110 room Baymont Inn & Suites in Sacramento, California / April 2004


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