Clients

La Quinta Inns and Suites

Overview

La Quinta Properties, Inc. (La Quinta) is an owner/operator of limited service hotels in the United States. The Company owns and operates hotels under its La Quinta, Baymont, Woodfield Suites and Budgetel brands. In addition, it franchises its La Quinta and Baymont brands to independent owner/operators. The Company's trade names and trademarks include La Quinta, La Quinta Inns, La Quinta Inn & Suites, Baymont, Baymont Inn & Suites, Woodfield, Woodfield Suites, Budgetel, Returns and Guest Ovations. As of December 31, 2004, La Quinta's owned, managed and franchised hotels contained 592 hotels, representing approximately 65,000 rooms located across the United States and 50 rooms in Canada. As of December 31, 2004, the Company owned and operated 374 hotels, representing approximately 46,000 rooms, and its franchisees operated 218 hotels, representing approximately 19,000 rooms (including one managed Baymont Inn & Suites representing 97 rooms), under its brands.