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64. La Quinta Inn & Suites

Last Year's Rank: 63

Investment Range: Over $1 Million

Category: Hotel/Travel

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Company Description


La Quinta Inn & Suites is a chain of limited service hotels owned by La Quinta Holdings. The company had 886 hotels at the end of 2015, in the United States, Canada, Mexico and Honduras.

The company has undergone a significant change in its management structure over 2016, as Keith Cline was announced as the new CEO in February, and John Cantele was named as the new COO in April. As of December 2015, the company reported a pipeline of 228 future franchised hotels. 

Company Statistics


Global Sales: $1,890,000,000*

US Units: 876

International Units: 12

Total Units: 888

Percent Franchised: 64%

% International Units: 1%

US Franchised Units: 554

International Franchised Units: 12

Sales Growth %: 2.2%

Unit Growth %: 0.2%

*Franchise Times Estimate

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