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  • La Quinta Inn & Suites College Station South

La Quinta

In 2014, affiliates of the Blackstone Group spun off the select-service La Quinta brand into a stand-alone, publicly traded company. La Quinta Holdings has a portfolio of more than 880 hotels, representing roughly 87,500 rooms. Also in 2014, the company introduced a fresh prototype design called Del Sol. With La Quinta Del Sol properties now open, the company has a proof of concept for maximizing the revenue-producing square feet and creating a more cost-efficient hotel.

SNAPSHOT:
Cost per key | $71,206-$101,402
Ownership Split | 340 (43,400 rooms) corporate-owned and 545 (44,100 rooms) franchised
Rewards Program | La Quinta Returns and La Quinta Returns Military Rewards
Length of Contract | 20 years
Contact | David Wilner, david.wilner@laquinta.com

Click Here for this listing in Lodging August’s Digital edition.

 

Brand NameWhat It's AboutChain ScaleCompetitive SetFranchise FeesU.S. Properties/StatesGlobal Pipeline
LaQuinta Inns and Suites Since 2001Select-service properties designed with longer visits in mindMidscale to upper midscaleComfort Inn, Comfort Suites, Holiday Inn Express, and Hampton Application: $5,000
Balance of Initial: $50,000 minimum
Royalty: 4.5% GRR
Marketing: 2.5% GRR
885/48232

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