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StonePark Breaks Ground on California La Quinta

StonePark Breaks Ground on California La Quinta

IRVING, Texas—La Quinta Inns & Suites has announced that StonePark Capital broke ground on a 104-room La Quinta Inn & Suites in Morgan Hill, Calif. StonePark is one of the many franchise partners who have committed to building La Quinta’s ...

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La Quinta CEO Wayne Goldberg Resigns

La Quinta CEO Wayne Goldberg Resigns

La Quinta Holdings has announced that chief executive officer Wayne Goldberg has resigned. The board has appointed Keith Cline, chief financial officer, the interim president and chief executive officer, effective immediately. “La Quinta has an exceptionally strong and experienced management ...

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La Quinta Sells 24 Properties

La Quinta Sells 24 Properties

IRVING, Texas—La Quinta Holdings Inc. today announced that it has signed a definitive purchase and sale agreement to sell 24 owned hotels. This portfolio is geographically dispersed and the vast majority of these hotels will be removed from the La ...

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La Quinta Announces Secondary Offering

La Quinta Announces Secondary Offering

La Quinta Holdings announced that certain selling stockholders affiliated with The Blackstone Group have commenced a secondary offering of 17,500,000 shares of La Quinta common stock. According to a news release, the underwriters will have a 30-day option to purchase ...

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Mit Shah Named Chairman of La Quinta Holdings Board

Mit Shah Named Chairman of La Quinta Holdings Board

IRVING, Texas—La Quinta Holdings Inc. announced that Mit Shah has been appointed as chairman of the Board. “Mr. Shah has been an extremely valuable member of the Board, and we look forward to his leadership as Chairman,” commented Wayne B. ...

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La Quinta Remains Agile While Focusing on Growth

La Quinta Remains Agile While Focusing on Growth

Going public in April is just another milestone in La Quinta’s steady transformation from regional player to national brand. In La Quinta’s first earnings call since the IPO, the company reported a profit of $17.5 million and raised its full-year ...

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