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La Quinta Confidentially Files for IPO

Following the huge Hilton IPO, Blackstone is continuing its momentum by filing an initial public offering for La Quinta. According to this post from Bloomberg, the prospectus was prepared under the Jumpstart Our Business Startups, or JOBS Act, which allows ...

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Blackstone Seeks La Quinta IPO

Blackstone Seeks La Quinta IPO

Although rumors of a possible La Quinta sale circulated a little while back, it looks like Blackstone will seek an IPO for the hotel company instead. According to this report from Bloomberg, Blackstone believes that it can get higher returns ...

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Choice Reportedly Interested in Buying La Quinta

In August, La Quinta hired JPMorgan Chase & Co and Morgan Stanley to explore a potential sale or public offering for La Quinta. And it looks like there is plenty of interest from hospitality companies interested in buying up the ...

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NewcrestImage Acquiring 25 La Quinta Properties

NewcrestImage Acquiring 25 La Quinta Properties

Dallas-based NewcrestImage is acquiring 25 properties from La Quinta in a deal announced earlier this week. Mehul Patel, managing partner of the development and management firm (and current AAHOA Chair), said in a statement that the properties, which are located ...

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