not to be confused with la quinta resort and club . la quinta inns and suites type public traded as nyse lq industry hotels founded 1968 headquarters irving texas us number of locations 800 area served north america key people keith cline president and ceo owner la quinta holdings inc. number of employees 9 000 website la quinta inns & suites la quinta inns & suites spanish la quinta the villa is a chain of limited service hotels in the united states canada mexico and honduras . la quinta holdings inc first sold shares to the public in april 2014 and is listed on the new york stock exchange under the symbol lq . 1 la quinta has headquarters in irving texas . before the 2014 stock offering all la quinta properties were owned or franchised by the company s subsidiary la quinta properties inc. a real estate investment trust reit which leased the properties back to the parent company . the company owns and operates over 800 properties and franchises approximately 295 under various brand names . most la quinta inns are built with spanish or southern architecture . la quinta is spanish for the fifth but it can also mean the country place . 2 contents 1 history 2 headquarters 3 references 4 external links history edit many of la quinta s locations have been renovated to include flatscreen tvs and contemporary decor real estate entrepreneur sam barshop 1929 2013 and his brother phil 1935 1998 opened the first la quinta in san antonio texas in 1968 across the street from the site of hemisfair 68 world s fair . 2 the company s headquarters remained in san antonio until 1999 when they relocated to irving texas a suburb of dallas . 3 lq corporation parent company to subsidiary lq properties inc announced on 9 november 2005 that it had agreed to be acquired by the private equity firm blackstone group for 3.4 billion in cash and debt . the merger closed on 25 january 2006 . each room has a television iron hair dryer coffee maker and complimentary breakfast and the hotel has an on site gym or complimentary passes to a local gym . most la quinta inns are near restaurants and shopping malls . midtown manhattan la quinta room types and setting vary by hotel . company owned hotels are standardized . franchised hotels vary more . the hotel chain advertises heavily on television with a campaign that targets business travelers . the advertisements feature la quinta customers getting a restful night s sleep and going on to literally perform various figures of speech in one a man sells ice to an eskimo ; another a woman deals with an 800 pound gorilla in the room the next day . headquarters edit lq management llc the owner has its headquarters in the las colinas area of irving texas near dallas . 3 4 la quinta moving to dallas suburb hotelier cites s.a. s lack of nonstop flights . 5 la quinta s first headquarters were in san antonio . in 1999 the company announced it was going to move transferring over 100 jobs from city to city . the company cited the lack of nonstop flights from san antonio international airport as a reason for moving . 3 the company wished to have its headquarters near dallas fort worth international airport a large airport . the company kept around 300 employees who worked in accounting information systems and reservations in san antonio . 6 references edit la quinta holdings inc 10k http ir.lq.com cache 28822223.pdf y & o pdf & d & fid 28822223 & t & osid 9 & iid 4424891 a b la quinta inns inc. history a b c http nl.newsbank.com nl search we archives p product saec & p theme saec & p action search & p maxdocs 200 & p topdoc 1 & p text direct 0 0eafe8a60dce51cd & p field direct 0 document id & p perpage 10 & p sort ymd date d & s trackval googlepm fact sheet . la quinta inns & suites . retrieved on march 24 2010 . san antonio express news . march 17 1999 . business page 1e . retrieved on march 24 2010 . la quinta to move office to las colinas the hotel chain s officials say the company needs to be near a major airport . fort worth star telegram . march 18 1999 . 12 business . retrieved on march 24 2010 . external links edit la quinta inns & suites dallas fort worth portal texas portal companies portal v t e the blackstone group founders peter george peterson stephen a. schwarzman business services cms computers rgis sungard minority shareholder consumer retail michaels joint control performance food group pinnacle foods united biscuits financial services bankunited minority stake healthmarkets minority stake fgic minority stake healthcare biomet emcure pharmaceuticals investment vanguard health systems industrial freescale joint control kl ckner pentaplast trw automotive control media telecommunications eaccess investment nielsen holdings minority stake axtel minority stake deutsche telekom minority stake tdc minority stake the weather channel minority stake travel & leisure hilton worldwide center parcs europe freehold caesars entertainment corporation minority stake merlin entertainments minority stake seaworld entertainment tragus group travelport real estate extended stay america minority stake equity office luxury resorts lxr la quinta inns & suites v t e hotel chains accor adagio formule 1 f1 formula 1 ibis budget styles mama shelter mercure grand mercure mgallery novotel suite novotel pullman the sebel sofitel thalassa sea & spa carlson rezidor country inns & suites park inn park plaza quorvus collection radisson radisson blu choice hotels ascend collection cambria hotels & suites clarion comfort inn comfort suites econo lodge mainstay suites quality inn rodeway inn sleep inn suburban extended stay hotel frhi fairmont hotels raffles swiss tel hilton canopy by hilton conrad hotels curio collection doubletree embassy suites hampton by hilton hilton garden inn hilton grand vacations hilton hotels & resorts home2 suites homewood suites tru by hilton waldorf astoria home inn fairyland hotel home inn motel 168 yitel hospitality international downtowner inns master host inns passport 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pacific parkroyal red lion hotel rl red lion hotels red lion inn & suites guesthouse settle inn taj hotels gateway ginger taj vivanta vantage 3 palms hotels & resorts america s best inns americas best value inns canadas best value inns country hearth inns & suites jameson inn lexington hotels & inns wyndham baymont inn & suites days inn dolce hotels and resorts hawthorn suites howard johnson knights inn microtel ramada super 8 travelodge tryp by wyndham wingate by wyndham wyndham grand wyndham hotels & resorts other 7 days inn ace aerowisata aman resorts americinn apex aqua archipelago best western boscolo budget host canad inns canalta center parcs club med club quarters coast cobblestone dan drury easy hotel extended stay america fiesta inn four seasons hoshino iberostar intown suites isrotel itc hotels jumeirah kempinski la quinta leading hotels of the world loews lotte magnuson mandarin oriental marco polo masters inn meli mgm resorts millennium & copthorne morgans motel 6 m venpick my place hotels nh nikko oberoi omni outrigger paradores peninsula pestana premier inn prince pueblo bonito red roof inn riu sandman santika indonesia scandic shangri la standard steigenberger swiss belhotel thistle toyoko inn trident trump value place vienna virgin defunct adam s mark alamo plaza hotel courts amerihost inn amerisuites crest hotels cross country inn denizen hotels esso motor hotel exel inn forte fred harvey friendship inn hiway house imperial 400 jack tar hotels nickelodeon resorts by marriott the real hotel company roundtowner inn shoney s inn statler hotels summerfield suites susse chalet tage inn united hotels company of america wilson world hotels lists hotels chained brand largest united states motels category commons retrieved from https en.wikipedia.org w index.php title la quinta inns % 26 suites & oldid 742192468 categories hotel chainscompanies based in irving texasprivate equity portfolio companiesblackstone group companiescompanies listed on the new 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