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65. La Quinta Inn & Suites

Last Year's Rank: 64

Investment Range: $7,761,500 - $11,052,800

Initial Franchise Fee: $55,000 - $59,950

Category: Hotel/Travel

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Company Description

La Quinta Inn & Suites is a chain of limited-service hotels owned by Wyndham Hotels & Resorts. Offering amenities such as business centers and sometimes swimming pools, La Quinta Inn & Suites has units in the U.S., Mexico, Honduras and Canada.

Founded in 1968, La Quinta is a participant in VetFran, a program that gives veterans incentives and additional resources when franchising a La Quinta location.

Company Statistics

Global Sales: $2,050,000,000*

US Units: 898

International Units: 16

Total Units: 914

Percent Franchised: 100%

% International Units: 2%

US Franchised Units: 898

International Franchised Units: 16

Sales Growth %: 5.1%

Unit Growth %: 1.3%

*Franchise Times Estimate

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