LA QUINTA HOLDINGS INC. (NYSE:LQ) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
La Quinta Holdings Inc. ExhibitEX-99.1 2 d542399dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 New La Quinta FINANCIAL STATEMENTS AS OF DECEMBER 31,…To view the full exhibit click here
About LA QUINTA HOLDINGS INC. (NYSE:LQ)
La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels primarily serving the midscale and upper-midscale segments under the La Quinta brand. The Company’s segments include owned hotels, franchise and management, and corporate and other. The owned hotels segment derives its earnings from the operation of owned hotel properties located in the United States. The Company operates its franchise and management segment under various franchise and management agreements relating to its owned, franchised and managed hotels. The corporate and other segment includes revenues generated by and related to operating expenses incurred in connection with the overall support and brand management of the Company’s owned, managed and franchised hotels and operations. Its portfolio includes approximately 890 hotels representing approximately 87,500 rooms located predominantly across over 48 the United States’ states, as well as in Canada, Mexico and Honduras.