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La Quinta Remains Agile While Focusing on Growth

La Quinta Remains Agile While Focusing on Growth

Going public in April is just another milestone in La Quinta’s steady transformation from regional player to national brand. In La Quinta’s first earnings call since the IPO, the company reported a profit of $17.5 million and raised its full-year ...

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Shashi Group Shares Advice for First-Time Franchisees

Shashi Group Shares Advice for First-Time Franchisees

Shashi Group’s technology-savvy founders, Dipesh Gupta and Manish Gupta, recognized early on the significant hotel supply-and-demand gap in Silicon Valley, says Narayanan Karu, vice president of finance and asset management. Top Fortune 500 technology companies, including Apple, Google, Facebook, and ...

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AC Hotels Intends to Stand Out in Crowded Segment

AC Hotels Intends to Stand Out in Crowded Segment

When Marriott International unveiled plans to franchise its AC by Marriott brand in the United States in June 2013, the company was trying to fill what it viewed as an unmet need in the marketplace. “We saw an opportunity we ...

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Best Western Board Chairman Shares Keys to Success

Best Western Board Chairman Shares Keys to Success

Danny Patel learned the hotel business from the ground up, starting at a family-owned hotel in Huntsville, Ala. In 1990, he purchased his first hotel in Montezuma, Ga., and launched PeachState Hospitality, a successful family-run hotel development and management company. ...

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