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  September 5, 2001
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Home > Company Index > Real Estate > REIT - Healthcare Facilities > The La Quinta Companies

The La Quinta Companies
NYSE: LQI
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 PROFILE
Who doesn't favor a continental breakfast over hospital food? The La Quinta Companies (formerly The Meditrust Companies), perennially discouraged by Medicare cutbacks, has sold off the majority of its 300 US health care facilities, including nursing homes, hospitals, and medical offices, in order to focus on its more than 300 La Quinta Inns hotel properties. Enjoying a paired-share structure, the company consists of La Quinta Properties, a real estate investment trust (REIT) that owns the properties, and La Quinta Corp., which operates the properties. The REIT's lodging properties are concentrated in the southern and western US.

 COMPETITION
Equity Inns, Inc. (ENN)
Shaner Hotel Group (dossier)
Starwood Hotels & Resorts Worldwide, Inc. (HOT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 822.80
1-Yr. Sales Growth: (9.8)%
Employees: 7,500
Revenue per employee: $109,706.67

 KEY PEOPLE
• Francis W. Cash
    CEO
• David L. Rea
    CFO

 CONTACT INFO
909 Hidden Ridge, Ste. 600
Irving, TX 75038
US
Phone: 214-492-6600
Fax: 214-492-6616
Online: Web Site

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