La Quinta owns, operates, and franchises select-service hotels, primarily serves the upper-midscale and midscale segments and it's portfolio consists of approximately 900 properties representing 88,500 rooms under the La Quinta Inn & Suites, La Quinta Inn, and LQ Hotel brands located in 48 states in the United States, as well as in Canada, Mexico, Honduras, Colombia, and Chile. The company was founded in 1968 and is headquartered in Irving, Texas. La Quinta also provides franchise opportunities. As of 2018, the company operates 576 franchises in the United States and 16 ones outside the country.
La Quinta has the franchise fee of up to $55,000, with total initial investment range of $452,400 to $11,052,800.
Initial investments: $452,400 - $11,052,800
Initial Franchise Fee: $55,000
Ongoing Royalty Fee: 4.5% - 5%
Ad Royalty Fee: 2.5%
On-The-Job Training: 3 - 4 days
Classroom Training: 4 days
Absentee Ownership Allowed
Number of Employees Required to Run: 20 - 25
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La Quinta website: https://www.lq.com/
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