La Quinta Announces Results for First Half of 2012
DALLAS—La Quinta Inns & Suites announced results for the first half of 2012, which include continued growth in franchise development, openings and brand performance. READER COMMENTS
In the first half of 2012:
La Quinta awarded 21 new franchises, an increase of more than 30 percent over the same period in 2011. The brand opened 11 properties, close to double the number opened in the first half of last year. RevPAR at La Quinta franchised hotels was up more than 9.4 percent over the same period in the previous year.
La Quinta’s system wide mobile revenues increased more than 124 percent over the first half of 2011. Member revenue and member room nights generated from the brand’s La Quinta Returns loyalty program both increased by more than 20 percent.
La Quinta Returns member revenue accounted for more than 40 percent of total revenues into the La Quinta system in the first half of 2012.
In an announcement, Rajiv Trivedi, La Quinta’s executive vice president and chief development officer said, “We are proud to share these first half 2012 results, which exceed expectations across many important metrics, and demonstrate the continued strength of our brand, throughout the U.S. and internationally.” Trivedi concluded, “By every measure and on every street corner, La Quinta continues to solidify its position as the premier brand in select service. We look forward to updating the industry on our continuing success in all areas in the second half of 2012.”
La Quinta now has more than 820 hotels across the United States, Mexico and Canada. The brand signed an agreement to bring La Quinta to Colombia earlier this year. It expects continued rapid growth in Mexico, and anticipates announcements of additional international expansion before the end of the year.
Monday, June 10, 2013 by social bookmarks
g5fTh6 wow, awesome blog article.Thanks Again. Fantastic. http://crork.com/
Thursday, June 06, 2013 by social bookmarking service
O67R7d Thank you for your blog article.Thanks Again.
Monday, May 27, 2013 by seo service
4Ef2RH Thanks for sharing, this is a fantastic blog.Thanks Again. Keep writing.
Saturday, May 25, 2013 by good seo
pX8quX Very neat article. Awesome.
Friday, April 19, 2013 by social bookmarking service
XvXXlh I really like and appreciate your post.Really thank you! Will read on...
Saturday, March 16, 2013 by buy cipro
Im thankful for the blog article. Awesome.
Saturday, March 16, 2013 by generic viagra
Great article. Great.
Saturday, March 16, 2013 by generic cialis online
Thank you ever so for you blog article. Really Great.
Friday, March 15, 2013 by Buy Levitra
Really enjoyed this article.Much thanks again. Awesome.
Thursday, March 14, 2013 by buy viagra online
I cannot thank you enough for the article post.Thanks Again. Great.