La Quinta Completes Sale of 14 Properties
Thursday July 18th, 2013 - 2:34PM B
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DALLAS—La Quinta Inns & Suites has completed the sale of 14 La Quinta Inns to NewcrestImage.
The locations of the 14 properties include Little Rock, AR; Albuquerque, NM; Tulsa, OK; Oklahoma City, OK; Denton, TX; Dallas, TX; Fort Worth, TX; and Houston, TX.
The sale of the 14 corporate-owned sites, to the Dallas-based NewcrestImage, was made for an undisclosed amount.
Tags: • Hospitality • Brands •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.