La Quinta
Limited-sevice hotels
Please Note: The operators of La Quinta, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the
official La Quinta website.
Start-up Costs & Franchises Fees
How much does it cost to open a La Quinta Franchises?
Total Investment: $4,990,000-$7,600,000
Initial Franchise Fee: $40,000-$45,000
Royalty Fee: 4-4.5%
Advertising Fee: N/A
Term of Agreement: 20 years
How to contact La Quinta
|
La Quinta Inn/La Quinta Inn & Suites
909 Hidden Ridge, #600
Irving,
TX
75038
|
Toll Free: (866)832-6574
Fax: (214)492-6740
Website: Visit Website
|
La Quinta News
La Quinta Announces Agreement To Be Acquired By The Blackstone Group
La Quinta Corporation and La Quinta Properties, Inc. (NYSE: LQI) today announced that they have entered into a definitive merger agreement to be acquired by an affiliate of The Blackstone Group for $11.25 per paired share in cash. The price represents a premium of 37% over yesterday's closing p... more
La Quinta Corporation Reports Status Of Hotels Impacted By Hurricane Katrina
La Quinta Corporation continues to work with local authorities to monitor the status of its hotels affected by Hurricane Katrina and provide for its guests and employees as best as conditions allow.
As of 5:00 p.m. (CDT) Wednesday, August 31, the following eight company-owned hotels in the great... more
Free High Speed Internet Access Becomes Brand Standard At La Quinta And Baymont
Reinforcing its commitment to meeting and exceeding guests' expectations, La Quinta Corporation is offering free high speed Internet access (HSIA) at all of its more than 590 La Quinta, Baymont and Woodfield branded hotels in the U.S. and Canada. The installation process at each hotel is schedul... more
La Quinta Announces Agreement For First Property In Mexico
La Quinta Corporation (NYSE:LQI) announced it has reached an agreement to bring the La Quinta brand to Mexico, with the development of a La Quinta Inn & Suites in the city of Juarez, in the state of Chihuahua. Developing the property is Plaza Triunfo S.A. de C.V., a Mexican corporation, La Quinta... more
Everyone Is A Winner At La Quinta And Baymont Hotels This Summer
This summer, La Quinta and Baymont hotels are saying "thank you" to guests by giving them a chance to win hundreds of prizes. Between June 1 and August 15, guests checking-in will receive a web decoder with their room key that will allow them to play the "Instant Win" game online. By... more
View all La Quinta Press Releases
Franchise History
When did the first La Quinta open? 1968
When did La Quinta start Franchising? 2001
| 2005 |
125 |
1 |
0 |
262 |
| 2004 |
124 |
1 |
0 |
275 |
| 2003 |
96 |
0 |
0 |
276 |
| 2002 |
65 |
0 |
0 |
281 |
| 2001 |
11 |
0 |
0 |
292 |
Expansion Plans
International:
Financing Options
| Franchise Fee |
No |
No |
| Startup Costs |
No |
Yes |
| Equipment |
No |
Yes |
| Inventory |
No |
Yes |
| Accounts Receivable |
No |
No |
| Payroll |
No |
No |
Third Party Financing Source(s): CIT Small Business Lending Corp., Stearus Bank
Training & Support
Support
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
Business Operations
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20
- 25
Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Related Franchise Categories
This Franchise Opportunity has been viewed 3756 times.
Read La Quinta Reviews
Legal Disclaimer: This information is not a franchise offering
for La Quinta and should not be construed as such. TheFranchiseMall.com makes every effort to
maintain accurate franchise data but does not guarantee nor assume liability for
incorrect data. We recommend that anyone seriously interested in
pursuing a La Quinta franchise opportunity, review that franchise's Uniform
Franchise Offering Circular (UFOC) with an attorney and accountant.
|
COMPANY INFORMATION
La Quinta Inn/La Quinta Inn & Suites
909 Hidden Ridge, #600
Irving,
TX
75038
Toll Free: (866)832-6574
Fax: (214)492-6740
Website: Visit Website
 Printer Friendly
FREE FRANCHISE ADVICE
|
