Who is la quinta owned by

Capuzzi wyndham. Skip to main content Click here to close the search bar. Click Here to Close Modal. Before the sale is completed, La Quinta will spin off the real estate it owns into a publicly-traded real estate investment trust, CorePoint Lodging.

The La Quinta transaction has been approved by the boards of directors of both companies. Closing is subject to approval by La Quinta stockholders and regulatory and government approval. Facebook Twitter Email. Wyndham Hotels to buy La Quinta hotels.

News and World Report, offers more than 53 million enrolled members the opportunity to redeem points at more than 30, hotels, condos and homes globally. For more information, visit www. La Quinta Holdings Inc. LQ is a leading owner, operator and franchisor of select-service hotels primarily serving the upper-midscale and midscale segments. CorePoint Lodging Inc. CPLG is positioned to become the only pure-play publicly-traded REIT focused exclusively on select-service midscale and upper-midscale lodging.

Upon completion of the spin, CorePoint Lodging will own a portfolio of hotels and more than 40, rooms throughout the United States in attractive locations in or near employment centers, airports and major travel thoroughfares. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Wyndham Worldwide, Wyndham Hotel Group, La Quinta or CorePoint Lodging to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Wyndham Worldwide and La Quinta undertake no obligation to publicly update or revise any forward-looking statements, subsequent events or otherwise. In connection with the proposed acquisition, a preliminary proxy statement and a definitive proxy statement will be filed with the SEC by La Quinta.

The information contained in the preliminary filing will not be complete and may be changed. The definitive proxy statement will be mailed to the stockholders of La Quinta seeking their approval of the proposed merger.

Board of Directors. Senior Leadership Team.