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StonePark Capital Deepens its Commitment to La Quinta with Plans for a Second Hotel

IRVING, Texas (September 24, 2015) La Quinta Inns & Suites announces that StonePark Capital (“StonePark”) – whose Principal, Andrew Firestone, is a former star of ABC’s “The Bachelor” and great-grandson of tire pioneer Harvey Firestone, broke ground on a 104-room La Quinta Inn & Suites in Morgan Hill, California. StonePark is one of the many franchise partners who have committed to building La Quinta’s popular Del Sol prototype, which has been designed to maximize revenue-per-square foot while maintaining a competitive cost-per-key.

The announcement comes after a groundbreaking ceremony held this summer, which was attended by Steve Tate, Mayor of Morgan Hill, John Horner, President and CEO of the Morgan Hill Chamber of Commerce and executives from La Quinta Inns & Suites.  Morgan Hill is located in the southernmost portion of Silicon Valley and serves as a regional headquarters for high tech companies including Anritsu, Comcast and Flextronics. The hotel will be a short distance from Henry W. Coe State Park and Sycamore Creek Vineyards, among other attractions. Morgan Hill is acknowledged by the Silicon Valley Business Journal as an emerging tourism destination.

Whether traveling for business or leisure, this new hotel will offer guests a refreshing and engaging experience providing beautifully appointed guest rooms, an onsite business and fitness center and indoor pool. Complimentary Bright Side Breakfast® will be served each morning and high-speed Internet access is always free at all La Quinta hotels.

“We are proud to acknowledge the ground breaking of the new La Quinta Inn & Suites in Morgan Hill and appreciate StonePark’s growing franchise partnership with La Quinta,” said Rajiv Trivedi, Chief Development Officer at La Quinta. “With more than 875 locations, La Quinta delivers an outstanding product and guest experience.  I am personally grateful to Andrew Firestone and StonePark for their deepening commitment to the La Quinta brand.”

StonePark also owns the La Quinta Inn & Suites Santa Barbara, a 70-room property on State Street in the downtown corridor of Santa Barbara, California. Purchased in 2012, StonePark oversaw a $4.5M renovation of all guest rooms and common areas and opened the hotel as a La Quinta in 2013.

“We are excited to launch our project in Morgan Hill,” said Andrew Firestone. “Surrounded by leaders of the community and supported by the finest franchising partner in the industry, we look forward to the completion of the La Quinta Inn & Suites - Morgan Hill and offering our guests an unparalleled  hospitality experience in Northern California.”

This hotel will participate in La Quinta Returns™ frequent guest program that offers members top-tier status, free nights and other great rewards, fast.  Earn points for every dollar spent on eligible rates at La Quinta® hotels.  Points can be redeemed for free nights at La Quinta as well as our world-class resort hotel partners, airline miles/points toward free travel and gift cards/certificates for shopping, dining and entertainment. To join, inquire at the front desk or visit

About La Quinta Holdings Inc.

La Quinta Holdings Inc. (LQ) is a leading owner, operator and franchisor of select-service hotels primarily serving the upper-midscale and midscale segments. The Company’s owned and franchised portfolio consists of more than 875 properties representing over 87,000 rooms located in 47 US states, Canada, Mexico and Honduras. These properties operate under the La Quinta Inn & Suites™, La Quinta Inn™ and LQ Hotel™ brands. La Quinta’s team is committed to providing guests with a refreshing and engaging experience. For more information, please visit:

Contact: Teresa Ferguson / (214) 492-6937

Contact: Michael Frenkel, MFC PR / (212) 808-6559

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