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Blackstone Seeks La Quinta IPO

Blackstone Seeks La Quinta IPO

Although rumors of a possible La Quinta sale circulated a little while back, it looks like Blackstone will seek an IPO for the hotel company instead. According to this report from Bloomberg, Blackstone believes that it can get higher returns ...

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Choice Reportedly Interested in Buying La Quinta

In August, La Quinta hired JPMorgan Chase & Co and Morgan Stanley to explore a potential sale or public offering for La Quinta. And it looks like there is plenty of interest from hospitality companies interested in buying up the ...

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NewcrestImage Acquiring 25 La Quinta Properties

NewcrestImage Acquiring 25 La Quinta Properties

Dallas-based NewcrestImage is acquiring 25 properties from La Quinta in a deal announced earlier this week. Mehul Patel, managing partner of the development and management firm (and current AAHOA Chair), said in a statement that the properties, which are located ...

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La Quinta Launches Military Rewards Program

La Quinta Launches Military Rewards Program

La Quinta unveiled a new Military Rewards program today, establishing a new membership level in its loyalty program for current service members, veterans, and their families. Among other things, the program offers participants free room upgrades, 2,000 loyalty points after ...

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