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JAI Investments, Led by Nitin Jariwala, Building Nine New
La Quinta Inn & Suites in the Dallas Fort Worth Area

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DALLAS (August 30, 2005) � La Quinta Corporation (NYSE:LQI) announced it has reached an agreement to add nine franchised La Quinta Inn & Suites hotels, totaling close to 600 rooms, in cities throughout the Dallas/Fort Worth Metroplex and surrounding area. All of the locations are projected to open in the next three years.

The cities that will gain new La Quinta Inn & Suites hotels are:

  • Gainesville, Texas 
  • DeSoto/Lancaster, Texas
  • Lake Worth, Texas 
  • Hillsboro, Texas 
  • Frisco, Texas 
  • Allen, Texas 
  • McKinney, Texas 
  • Burleson, Texas 
  • Lindale, Texas
Alan Tallis, La Quinta�s president of franchising and executive vice president and chief development officer, said, �We are delighted to announce these properties, which will build upon La Quinta�s strong distribution and brand recognition throughout the Dallas/Fort Worth Metroplex..� Tallis added, �In a year that has already seen great strides and a steady stream of good news from La Quinta franchising including a robust development pipeline and an agreement for La Quinta�s first hotel in Mexico, we are pleased to add measurably to the inventory of top-notch new construction, select service hotels in the area.� 

Nitin (Nick) Jariwala, president of JAI Investments, the franchisee, said, �We welcome the opportunity to work with the La Quinta team to launch nine new hotels over the next three years. Our experience with  La Quinta has been exceptional, and we believe they are a very service-oriented, franchisee-friendly brand.� He concluded, �We believe the Dallas/Fort Worth Metroplex area is ripe for development, and the La Quinta brand is a �perfect fit� for each city.  In addition to the nine properties announced today, JAI has two existing La Quinta hotels, in Rockwall, Texas, and Terrell, Texas. It has a third La Quinta under construction in Mansfield, Texas.

Rajiv Trivedi, La Quinta�s senior franchise development officer, said, �This announcement marks another milestone for La Quinta as we continue our rapid pace of growth.� He concluded, �We are pleased to continue the expansion of the brand in key markets across the country and internationally.�

La Quinta�s recent growth has included the opening of the first La Quinta property in Canada; the continued expansion of the brand in New York, New England and other key geographical markets in the United States, the announcement of a property in Mexico, and the company�s �central business district� strategy for expanding the La Quinta brand in key metropolitan areas across the country. 

About La Quinta
La Quinta Corporation (NYSE: LQI) 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 590 hotels in 39 states and Canada under the La Quinta Inns, La Quinta Inn & Suites®, Baymont Inn & Suites®, Woodfield Suites® and Budgetel® brands. 

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Contact:

Teresa K. Ferguson
Public Relations Manager
La Quinta Corporation
909 Hidden Ridge, Suite 600
Irving, Texas 75038
Office:  214-492-6937
www.LQ.com

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Also See: La Quinta Recognizes the Best of 2004; La Quinta Inn & Suites-Stockbridge, Georgia Honored for Receiving the Best Quality Control Score in the Company�s History / April 2005


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