News for the Hospitality Executive
DALLAS (July 24, 2012) – La Quinta Inns & Suites announced results for the first half of 2012, which include continued outstanding growth in franchise development, openings and brand performance.
In the first half of 2012:
Rajiv Trivedi, La Quinta’s Executive Vice President and Chief Development Officer said, “We are proud to share these first half 2012 results, which exceed expectations across many important metrics, and demonstrate the continued strength of our brand, throughout the U.S. and internationally.” Trivedi concluded, “By every measure and on every street corner, La Quinta continues to solidify its position as the premier brand in select service. We look forward to updating the industry on our continuing success in all areas in the second half of 2012.”
La Quinta now has more than 820 hotels across the United States, Mexico and Canada. The brand signed an agreement to bring La Quinta to Colombia earlier this year. It expects continued rapid growth in Mexico, and anticipates announcements of additional international expansion before the end of the year.
“Our first half 2012 results are a source of tremendous pride to everyone at La Quinta,” said Wayne Goldberg, La Quinta’s President and Chief Executive Officer. He concluded, “From franchise growth to technology innovations and new revenue streams, the La Quinta brand is firing on all cylinders. We look forward to sharing much more good news in the months ahead.”
Among other highlights, in the first half of 2012, La Quinta introduced a new feature called “LQ Instant Hold,” which allows travelers to reserve a room for a same night’s stay, using just the user’s mobile telephone number. The company also introduced a new mobile app for the iPhone and Android. LQ Instant Hold can be accessed through the new mobile app. La Quinta achieved a first-half increase of more than 124% in mobile revenues compared with 2011.
La Quinta continues to receive recognition as one of the most innovative brands in the industry, winning awards in training, franchise communications and technology.
About La Quinta
LQ Management L.L.C. is one of the largest operators of limited-service hotels in the United States. Based in Dallas, Texas, the Company operates and provides franchise services to more than 800 hotels in 46 states, Canada and Mexico under the La Quinta Inn® and La Quinta Inn & Suites® brands. For reservations or more information about La Quinta, please visit www.LQ.com or call 1-800-SLEEPLQ. Follow La Quinta Inns & Suites on Twitter at http://twitter.com/LQ or become a Facebook fan at http://www.facebook.com/laquinta.
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|Ameritel Planning Two Hotels in Twin Falls, Idaho / July 2006|