Last $19.75 USD
Change Today +0.11 / 0.56%
Volume 115.9K
LQ On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

la quinta holdings inc (LQ) Snapshot

Open
$19.66
Previous Close
$19.64
Day High
$19.84
Day Low
$19.47
52 Week High
08/13/14 - $20.21
52 Week Low
05/5/14 - $16.01
Market Cap
2.6B
Average Volume 10 Days
286.6K
EPS TTM
--
Shares Outstanding
130.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LA QUINTA HOLDINGS INC (LQ)

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la quinta holdings inc (LQ) Details

La Quinta Holdings Inc. owns, operates, and franchises select-service hotels under the La Quinta brand. As of August 12, 2014, its owned and franchised portfolio consisted of 850 La Quinta Inn & Suites, and La Quinta Inn branded hotels with approximately 85,000 rooms located in 47 states, as well as in Canada and Mexico. The company was founded in 1968 and is headquartered in Irving, Texas.

6,551 Employees
Last Reported Date: 03/18/14
Founded in 1968

la quinta holdings inc (LQ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $580.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $594.6K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $388.4K
Chief Development Officer and Executive Vice ...
Total Annual Compensation: $780.7K
Compensation as of Fiscal Year 2013.

la quinta holdings inc (LQ) Key Developments

La Quinta Holdings Inc. Continues International Expansion

La Quinta Holdings Inc. announced it has signed franchise agreements for new hotels in Nicaragua and Guatemala, marking the Company's entry into those countries. The Company has signed franchise agreements for three new hotels to be constructed in Managua, Nicaragua, Guatemala City, Guatemala and Quetzaltenango, Guatemala. The hotels are slated to be under construction by early 2015. As part of La Quinta's continued international expansion, the Company previously announced that it will also be opening franchised hotels in Honduras and Colombia. The hotel in Tegucigalpa, Honduras is a nine-story modern style building with 112 rooms slated to open in late 2014 or early 2015. The hotel in Medellin, Colombia is expected to open in 2015. The company has expanded its franchise system by approximately three times since 2006. The Company continues to expand domestically and internationally as demonstrated by the 190 projects in its franchise pipeline.

La Quinta Holdings Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Revises Earnings Guidance for the Year Ending December 31, 2014; Provides Fixed Asset Impairment Loss for the Second Quarter Ended June 30, 2014

La Quinta Holdings Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, total revenues were $260,289,000 compared to $233,077,000 a year ago. Operating income was $25,452,000 compared to $48,555,000 a year ago. Loss from continuing operations before income taxes was $12,631,000 compared to profit of $12,616,000 a year ago. Net loss was $338,635,000 compared to $4,168,000 a year ago. Net loss attributable to company shareholders was $338,578,000 compared to $4,209,000 a year ago. EBITDA was $66,719,000 against $76,194,000 a year ago. Adjusted EBITDA was $105,511,000 against $92,445,000 a year ago. Pro-forma operating income was $52,343,000 against $50,184,000 a year ago. Pro-forma net income attributable to the company was $17,461,000 against $15,508,000 a year ago. Pro-forma EBITDA was $95,638,000 against $93,920,000 a year ago. Pro-forma adjusted EBITDA was $106,036,000 against $93,788,000 a year ago. For the six months, total revenues were $477,598,000 compared to $435,349,000 a year ago. Operating income was $60,194,000 compared to $76,594,000 a year ago. Loss from continuing operations before income taxes was $14,902,000 compared to profit of $4,542,000 a year ago. Net loss was $342,157,000 compared to $13,222,000 a year ago. Net loss attributable to company shareholders was $345,921,000 compared to $13,922,000 a year ago. EBITDA was $142,754,000 against $147,915,000 a year ago. Adjusted EBITDA was $180,962,000 against $162,468,000 a year ago. Pro-forma operating income was $90,278,000 against $80,821,000 a year ago. Pro-forma net income attributable to the company was $25,138,000 against $18,788,000 a year ago. Pro-forma EBITDA was $176,980,000 against $166,518,000 a year ago. Pro-forma adjusted EBITDA was $186,622,000 against $167,190,000 a year ago. The company provided earnings guidance for the year ending December 31, 2014. For the year, the company expects net income attributable to the company shareholders in the range of between $46,863,000 and $51,863,000, interest expense in the range of between $96,503,000 and $96,503,000, depreciation and amortization in the range of between $34,788,000 and $34,788,000, EBITDA in the range of between $353,089,000 and $358,089,000 and adjusted EBITDA in the range of between $367,000 and $372,000. RevPAR, on a system-wide comparable hotel basis, is expected between 6.0% and 7% as compared to between 5.5% and 7% previous guidance. Capital expenditures are expected to be approximately $71 million to $77 million compared to $69 million to $77 million previous guidance. Pro forma Adjusted EBITDA is expected to be approximately $367 million to $372 million compared to $362 million to $368 million previous guidance. The company provided fixed asset impairment loss for the second quarter ended June 30, 2014. For the quarter, fixed asset impairment loss was $5,157,000.

La Quinta Holdings Inc. to Report Q2, 2014 Results on Aug 12, 2014

La Quinta Holdings Inc. announced that they will report Q2, 2014 results After-Market on Aug 12, 2014

 

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