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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:
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
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Contact:
Teresa K. Ferguson
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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 |