La Quinta Franchise

Limited-sevice hotels


La Quinta is one of the fastest growing mid-scale hotels with properties across the US, Canada and Mexico. Our purpose is to provide a refreshing and engaging environment that builds long-lasting, valuable relationships with employees, guests, owners and partners.

La Quinta is a proud participant in VetFran, and is honored to offer veterans of our armed forces great incentives and enhanced resources for becoming a part of the La Quinta family.

It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!

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, investors are strongly recommended to visit the official La Quinta website.

How much does it cost to open a La Quinta Franchise?

The investment required to open a La Quinta Franchise is between $4,990,000-$7,600,000. There is an initial franchise fee of $40,000-$45,000 which grants you the license to run a business under the La Quinta name.

Individual Unit Costs

  • Initial 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


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La Quinta Inns & Suites Expands Franchise Team, Promotes Key Executives
La Quinta Inns & Suites announced the appointments and promotions of executives to its newly expanded franchise service team. Overseeing this team, Jeff Palla is promoted to the position of Senior Vice President of Franchise Operations. The newly promoted and appointed La Quinta team members are: ...

La Quinta Inns & Suites Announces Edgar Garin As Director Of Franchise Development For Central And South America
La Quinta Inns & Suites announces the appointment of Edgar Garin, as Director of Franchise Development for Central and South America. Garin brings more than 25 years of hospitality management and sales experience to La Quinta. He most recently served as Vice President of Development for Radisson Hot...

La Quinta Passes Franchising Milestone
La Quinta recently realized a milestone it has been working toward since it started franchising 10 years ago. Now, slightly more than half of La Quinta's 808 properties are franchised. It's a direction that the company plans to maintain as it pursues its international growth strategy. President ...

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 price...

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...

La Quinta News & Press Releases

When did the first La Quinta open? 1968
When did La Quinta start Franchising? 2001

Year U.S.A. Canada International Corporate
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
Expense In-House Third Party
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

Support
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

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)

Business Experience:

  • General business experience

  • To calculate how much income a franchise owner can do at La Quinta Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

    La Quinta Franchise Opportunity viewed 11823 times by investors.

    Legal Disclaimer: This information is not a franchise offering for La Quinta and should not be construed as such. The Franchise Mall 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 Franchise Disclosure Document (FDD) with an attorney and accountant.

    La Quinta

    La Quinta

    La Quinta Inn/La Quinta Inn & Suites
    909 Hidden Ridge, #600
    Irving, TX
    75038

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