LQ Management LLC · Irving, TX United States
Company Description
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This link will open in a new window LQ Management, owner of the La Quinta (which is Spanish for the villa) brand, wants you to stay at its place. The company has more than 650 hotels under the La Quinta Inns and La Quinta Inn & Suites brands. It owns about 380 properties and franchises the rest. On average at any given time LQ Management has about 50 new constructions and 10 conversions from other brands of acquired properties. The company's hotels, which operate in the limited service segment, are located in about 45 US states, Canada, and Mexico. LQ Management is owned by investment firm The Blackstone Group . To read the full description, subscribe now.
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Key LQ Management LLC Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 9,130 |
LQ Management LLC Executives
17 executives listed for LQ Management LLC's Irving, TX location.
| Title | Name & Bio | Contact |
| President and CEO | Wayne Goldberg | Network |
| EVP and COO | Angelo Lombardi | Network |
| EVP and CFO | Temple Weiss | Network |
Competition
Competitive Landscape for LQ Management LLC
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top LQ Management LLC Competitors
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