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LA Quinta Holdings Inc. (delisted)

LA Quinta Holdings Inc. (delisted) (LQ)

21.62
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Closed December 25 4:00PM
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Enterprising Investor Enterprising Investor 7 years ago
Wyndham Worldwide Completes Acquisition Of La Quinta Holdings (5/31/18)

Transaction Significantly Expands Wyndham Hotels & Resorts' Midscale Presence and Hotel Network

PARSIPPANY, N.J., May 31, 2018 /PRNewswire/ -- Wyndham Worldwide Corporation (NYSE: WYN) today announced that its subsidiary, Wyndham Hotels & Resorts, has completed its previously announced acquisition of La Quinta Holdings' hotel franchising and hotel management business. The addition of La Quinta's over 900 franchised hotels with a total of nearly 89,000 rooms builds Wyndham Hotels & Resorts' midscale presence and expands its reach further into the upper-midscale segment of the lodging industry.

Wyndham Hotels & Resorts is the world's largest hotel franchising company based on number of properties and will become an independent public company (NYSE: WH) when it is spun-off from Wyndham Worldwide after the market close on May 31. Wyndham Hotels & Resorts now operates a portfolio of 20 lodging brands with nearly 9,000 franchised hotels across more than 80 countries and six continents, and is a leading provider of hotel management services.

La Quinta's loyalty program, La Quinta Returns®, which includes approximately 15 million enrolled members, will be combined in the coming months with the award-winning Wyndham Rewards® program, which includes over 56 million enrolled members. As a result, La Quinta guests and franchisees will soon benefit from Wyndham Hotels & Resorts' intense focus on product quality, state-of-the-art technology solutions and a loyalty program widely regarded as the most generous in the industry.

Wyndham Hotels & Resorts funded the $1.95 billion acquisition of La Quinta with proceeds from its $500 million offering of 5.375% senior notes due 2026 completed in April and a $1.6 billion term loan due 2025 that closed in connection with the acquisition.

Prior to Wyndham Hotels & Resorts' acquisition of La Quinta's hotel franchising and hotel management business, La Quinta completed its spin-off of CorePoint Lodging Inc. (NYSE: CPLG), a publicly traded real estate investment trust that owns 316 La Quinta hotels.

ABOUT WYNDHAM WORLDWIDE

Wyndham Worldwide Corporation (NYSE: WYN) is one of the largest global hospitality companies, providing travelers with access to a collection of trusted hospitality brands in hotels, vacation ownership, and unique accommodations including vacation exchange and managed vacation rentals. With a collective inventory of over 22,000 places to stay across 110 countries on six continents, Wyndham Worldwide and its more than 42,000 associates welcome people to experience travel the way they want. This is enhanced by Wyndham Rewards®, Wyndham Worldwide's award-winning guest loyalty program across its businesses, which is making it simpler for members to earn more rewards and redeem their points faster. For more information, please visit www.wyndhamworldwide.com.

ABOUT WYNDHAM HOTELS & RESORTS

Wyndham Hotels & Resorts, Inc. (NYSE: WH beginning June 1) is the largest hotel franchising Company in the world, with nearly 9,000 hotels across more than 80 countries on six continents. Through its network of approximately 790,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in both the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel Inn & Suites®, La Quinta®, Wingate®, AmericInn®, Hawthorn Suites®, The Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services, with more than 400 properties under management. The Company's award-winning Wyndham Rewards® loyalty program offers more than 56 million enrolled members the opportunity to redeem points at thousands of hotels, condominiums and holiday homes globally. For more information, visit www.wyndhamhotels.com.

https://www.prnewswire.com/news-releases/wyndham-worldwide-completes-acquisition-of-la-quinta-holdings-300657122.html
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Enterprising Investor Enterprising Investor 7 years ago
Deregistration of Securities (5/30/18)
Registration Statement No. 333-195131 pertaining to the registration of 6,500,000 shares of common stock, par value $0.02, of the Registrant (as adjusted to reflect the reclassification and combination of the Registrant’s common stock at a ratio of 1-for-2 and to amend the par value of the Registrant’s common stock from $0.01 per share to $0.02 per share, effected by the Registrant on May 30, 2018) issuable under the La Quinta Holdings Inc. 2014 Omnibus Incentive Plan.

On January 17, 2018, the Registrant entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among Wyndham Worldwide Corporation, a Delaware corporation (“Wyndham Worldwide”), WHG BB Sub, Inc., a Delaware corporation and an indirect wholly-owned subsidiary of Wyndham Worldwide (“Merger Sub”), and the Registrant. On May 30, 2018, pursuant to the terms of the Merger Agreement, Merger Sub merged with and into the Registrant (the “Merger”), with the Registrant surviving the Merger as a wholly-owned subsidiary of Wyndham Worldwide.

As a result of the Merger, the Registrant has terminated any and all offerings of securities pursuant to the Registration Statement. In accordance with the undertakings made by the Registrant in the Registration Statement to remove from registration by means of a post-effective amendment any of the securities that had been registered which remain unsold at the termination of the offering, the Registrant hereby removes from registration any securities of the Registrant registered but unsold under the Registration Statement as of the date hereof. The Registration Statement is hereby amended to reflect the deregistration of such securities.
https://www.sec.gov/Archives/edgar/data/1594617/000119312518178611/d594612ds8pos.htm
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Enterprising Investor Enterprising Investor 7 years ago
LQ hits new 52-week high (5/30/18)

LA QUINTA HOLDINGS INC (LQ)
Last Trade 21.62
Volume 3,782,301
Net Change 1.05
Net Change % 5.10%
52 Week High 21.7400 on 05/30/2018
52 Week Low 13.6150 on 05/31/2017
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Enterprising Investor Enterprising Investor 7 years ago
LQ hits new 52-week high (5/21/18)

LA QUINTA HOLDINGS INC (LQ)
Last Trade [tick] 20.9500[+]
Volume 836,486
Net Change 0.1100
Net Change % 0.53%
52 Week High 21.1500 on 05/21/2018
52 Week Low 13.6150 on 05/31/2017
Day High 21.1500
Day Low 20.9100
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Enterprising Investor Enterprising Investor 7 years ago
La Quinta Holdings Inc. Reports First Quarter 2018 Results (5/08/18)

IRVING, Texas, May 08, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE:LQ) today reported its results for the first quarter ended March 31, 2018.

First Quarter 2018 Highlights
•Grew system-wide comparable RevPAR 4.3 percent; excluding the owned hotels significantly impacted by Hurricanes Irma and Harvey and the owned hotels undergoing significant renovation, system-wide RevPAR grew 5.9 percent

•Franchise comparable RevPAR increased 7.8 percent, driving an increase in franchise and other fee-based revenue of 8.0 percent

•System-wide RevPAR Index decreased by nine basis points; excluding the owned hotels significantly impacted by Hurricanes Irma and Harvey and the owned hotels undergoing significant renovation, system-wide RevPAR Index grew nearly 200 basis points

•Opened eight franchised hotels, totaling over 650 rooms, including the first location in Chile

•Franchise pipeline stands at 259 hotels, representing approximately 24,400 additional rooms, and the brand’s footprint continued to expand with 6 new franchise agreements for key locations in coastal North Carolina, St. Louis, Missouri and Yucaipa, California

•Completed the construction phase of 12 renovations, bringing the total number of repositioning projects with construction complete to 39, as part of the Company’s owned hotel repositioning efforts

•Reported Net Loss of $15.1 million; Adjusted Net Loss was $6.2 million

•Generated Net Loss per Share of $0.13; Adjusted Net Loss per Share was $0.05

Overview

“We are extremely pleased with our performance this quarter. We delivered gains in RevPAR despite the ongoing hurricane disruption in our owned hotel business, and continued to execute on our key strategic initiatives to deliver a consistent product, to consistently deliver an outstanding guest experience and to drive engagement with our brand,” said Keith A. Cline, President and Chief Executive Officer of La Quinta. “We have completed the significant renovation of 39 owned hotels in our repositioning program and continue to be very encouraged by their early results.”

Mr. Cline continued, “We expect to complete the spin-off of our owned hotel assets into CorePoint Lodging as well as the sale of our franchise and management business to Wyndham Hotel Group by the end of this month. These are exciting opportunities for the thriving La Quinta brand, which celebrates its 50th anniversary this year, and for our owned hotel portfolio as it transitions to become CorePoint Lodging, all of which we believe will yield long-term benefits to our stakeholders.”

Financial Overview

For the first quarter of 2018, the Company grew system-wide comparable RevPAR 4.3 percent over the same period of 2017, driven by 7.8 percent growth in its franchise locations and a 0.2 percent increase in its owned hotels. Excluding the impact of the owned hotels undergoing significant renovation as part of the repositioning effort and the owned hotels affected by Hurricanes Harvey and Irma, system-wide comparable RevPAR increased 5.9 percent in the first quarter of 2018. The Company grew franchise and other fee-based revenue 8.0 percent in the first quarter of 2018, over the same period of 2017.

For the first quarter of 2018, the Company reported net loss of $15.1 million and Adjusted Net Loss of $6.2 million. Net Loss per Share was $0.13 and Adjusted Loss per Share was $0.05. Total Adjusted EBITDA for the first quarter of 2018 was $64.0 million.

Hurricanes Harvey and Irma continued to have a significant impact on the Company’s business in the first quarter, once again lifting performance for the franchised hotels, and posing significant challenges for certain owned hotels, particularly those in Florida affected by Hurricane Irma. The Company estimates that the impact of the hurricanes on first quarter results was a reduction of approximately $11 million in Total Adjusted EBITDA.

The Company’s system-wide portfolio, as of March 31, 2018, is located across 48 states in the U.S., as well as in Canada, Mexico, Honduras, Colombia and Chile.

Development

During the first quarter of 2018, the Company opened a total of eight franchised hotels (over 650 rooms) and terminated two franchised hotels, resulting in a net increase of six open and operating franchised hotels during the first quarter. As of March 31, 2018, the Company had a pipeline of 259 franchised hotels totaling approximately 24,400 rooms, to be located in the United States, Mexico, Colombia, Nicaragua, Guatemala, and El Salvador.

Owned Hotel Portfolio

As of March 31, 2018, the Company had two hotels held for sale. During the first quarter of 2018, the Company closed on the sale of one hotel. In addition, during the first quarter, construction progressed on the portfolio of approximately 50 owned hotels which the Company believes have the opportunity to be repositioned upward within their markets in order to drive enhanced guest experience and revenue growth. As of March 31, 2018, 39 of these hotels had completed the construction phase of the project and are now in the process of being reintroduced to their markets with encouraging early results.

Balance Sheet and Liquidity

As of March 31, 2018, the Company had approximately $1.7 billion of outstanding indebtedness with a weighted average interest rate of approximately 4.9%, including the impact of an interest rate swap. Total cash and cash equivalents was $113.5 million as of March 31, 2018.

Outlook

On January 18, 2018, Wyndham Worldwide Corporation (“Wyndham”) and La Quinta announced that they entered into a definitive agreement under which Wyndham will acquire La Quinta’s franchise and management business for $1.95 billion in cash. The acquisition is expected to close in the second quarter of 2018, immediately following completion of the planned taxable spin-off of La Quinta’s owned real estate assets into a new publicly-traded real estate investment trust (the “Spin”), CorePoint Lodging Inc. (“CorePoint Lodging”).

Given the expected timeline to close these transactions, La Quinta is not providing guidance for 2018. Near the time of the Spin, management of CorePoint Lodging expects to conduct investor education meetings during which, among other items, financial and strategic outlooks will be provided.

Webcast and Conference Call

The Company will hold a conference call with prepared remarks for investors and other interested parties beginning at 5:00 p.m. Eastern Time on Tuesday, May 8, 2018. Given the anticipated timing of the Spin, and the pending acquisition of the Company’s franchise and management business by Wyndham, the Company will not be hosting a question and answer session during the call. The conference call may be accessed in listen-only mode by dialing (844) 395-9252, or (478) 219-0505 for international participants, and enter passcode 3985708.

Listeners may also access the live call via webcast by visiting the Company's investor relations website at www.lq.com/investorrelations. You are encouraged to dial into the call or link to the webcast at least fifteen minutes prior to the scheduled start time. The replay of the call will be available from approximately 8:00 a.m. Eastern Time on May 9, 2018 through midnight Eastern Time on May 16, 2018. To access the replay, the domestic dial-in number is (855) 859-2056, the international dial-in number is (404) 537-3406, and the passcode is 3985708. The archive of the webcast will be available on the Company's website for a limited time.

https://www.globenewswire.com/news-release/2018/05/08/1498945/0/en/La-Quinta-Holdings-Inc-Reports-First-Quarter-2018-Results.html
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Enterprising Investor Enterprising Investor 7 years ago
La Quinta Board of Directors Approves Spin-Off of CorePoint Lodging in Connection with Transaction with Wyndham Worldwide (5/08/18)

- Completion of spin-off of CorePoint Lodging, followed by closing of La Quinta merger with Wyndham Worldwide, expected to occur on May 30, 2018

- Record date for spin-off to be May 18, 2018; CorePoint Lodging expected to begin “regular way” trading on the New York Stock Exchange on May 31, 2018

- La Quinta stockholders to receive one share of CorePoint Lodging for every one share of La Quinta after giving effect to a 1-for-2 reverse stock split of La Quinta occurring immediately prior to the spin-off distribution

IRVING, Texas, May 08, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE:LQ) today announced that its Board of Directors has formally approved the distribution to its stockholders of all of the outstanding shares of common stock of CorePoint Lodging Inc. (“CorePoint Lodging”), which will become the holder of the owned real estate assets previously held by La Quinta. Promptly following the distribution of CorePoint Lodging, La Quinta, which will then continue to hold its management and franchise businesses, expects to complete the previously announced merger (the “Merger”) with Wyndham Worldwide Corporation (“Wyndham Worldwide”), in accordance with and subject to the terms of the Agreement and Plan of Merger, dated as of January 17, 2018, by and among the Company, Wyndham Worldwide and WHG BB Sub, Inc. (the “Merger Agreement”).

In connection with the approval of the CorePoint Lodging distribution, the La Quinta Board of Directors has also set the distribution ratio, record date and distribution date for the spin-off. As a result, the following will occur:

- Subject to the satisfaction or waiver of certain conditions, the completion of the CorePoint Lodging spin-off, followed by the completion of the La Quinta Merger, is expected to be completed on May 30, 2018.

- In connection with the spin-off distribution, La Quinta stockholders will receive one share of CorePoint Lodging for every one share of La Quinta, after giving effect to a 1-for-2 reverse stock split immediately prior to the distribution.

- In connection with the closing of the Merger, La Quinta stockholders will be entitled to receive $8.40 in cash per share (or $16.80 in cash per share after giving effect to the 1-for-2 reverse stock split to occur immediately prior to the distribution), without interest.
Immediately following the distribution, CorePoint Lodging will be an independent, publicly traded company, and La Quinta will retain no ownership interest in CorePoint Lodging.

- CorePoint Lodging is expected to begin regular-way trading on the New York Stock Exchange (“NYSE”) under the ticker symbol “CPLG” on May 31, 2018.

Additional Details on the Merger with Wyndham
As previously announced, subject to the satisfaction or waiver of certain conditions, including completion of the CorePoint Lodging spin-off, immediately following the distribution of CorePoint Lodging common stock in the spin-off transaction, La Quinta will merge with a wholly owned subsidiary of Wyndham Worldwide in accordance with and subject to the terms of the Merger Agreement. In connection with the closing of the Merger, holders of La Quinta common stock will be entitled to receive $8.40 in cash per share (or $16.80 in cash per share after giving effect to the 1-for-2 reverse stock split to occur immediately prior to the distribution), without interest, for every share of La Quinta common stock they own. At a special meeting of stockholders of La Quinta held on April 26, 2018, the La Quinta stockholders, upon the recommendation of the La Quinta Board of Directors, voted in favor of the adoption of the Merger Agreement.

Additional Details on the Spin-Off

The La Quinta Board of Directors has approved a distribution of one share of CorePoint Lodging common stock for every two shares of La Quinta common stock held as of 5:00 p.m., Eastern Time on May 18, 2018, the record date for the distribution (or one share of CorePoint Lodging common stock for every one share of La Quinta common stock held as of the record date after giving effect to the 1-for-2 reverse stock split to occur immediately prior to the distribution). No fractional shares of CorePoint Lodging common stock will be issued. Instead, fractional shares of CorePoint Lodging common stock will be aggregated and sold on the open market, and the aggregate net proceeds of such sales will be distributed ratably in the form of cash payments to holders of La Quinta common stock who would otherwise have been entitled to receive a fractional share of CorePoint Lodging common stock. The distribution is expected to be effected after market close on May 30, 2018 (the “distribution date”). The distribution is taxable to stockholders and is subject to the satisfaction or waiver of certain applicable conditions described in the Information Statement included in the Registration Statement on Form 10 for CorePoint Lodging common stock.

Reverse Stock Split of La Quinta Common Stock

The La Quinta Board of Directors also approved that the 1-for-2 reverse stock split of shares of La Quinta common stock will be effective immediately prior to the distribution of shares of CorePoint Lodging common stock in the spin-off transaction. Every two shares of La Quinta common stock will be automatically combined into one share of La Quinta common stock. Fractional shares will be issued in connection with the reverse stock split.

La Quinta currently has approximately 117 million shares of common stock outstanding. The 1-for-2 reverse stock split will reduce the number of issued and outstanding shares of La Quinta common stock to approximately 59 million. Accordingly, approximately 59 million shares of CorePoint Lodging common stock will be distributed to La Quinta stockholders in the spin-off transaction.

Trading of La Quinta and CorePoint Lodging Common Stock

Following the spin-off, shares of CorePoint Lodging common stock will trade on the NYSE under the ticker symbol “CPLG.” La Quinta expects that on or about May 17, 2018, shares of CorePoint Lodging common stock will trade on a “when issued” basis under the ticker symbol “CPLG WI.” Shares of CorePoint Lodging common stock are expected to begin “regular way” trading on May 31, 2018, at which time trading in shares of La Quinta common stock will be suspended.

La Quinta stockholders who sell their shares of La Quinta common stock prior to or on the distribution date will also be selling their right to receive the distribution of shares of CorePoint Lodging common stock in the spin-off transaction. La Quinta stockholders are encouraged to consult with their financial advisors regarding the specific implications of selling La Quinta common stock.

La Quinta stockholders are not required to take any action to receive the shares of CorePoint Lodging common stock in the distribution, or in connection with the reverse stock split.

The distribution agent, transfer agent, and registrar for the shares of La Quinta and CorePoint Lodging common stock will be Computershare. For questions relating to the transfer or mechanics of the stock distribution or the reverse stock split, stockholders may contact Computershare c/o Shareholder Services at P.O. Box 505000, Louisville, KY 40233-5002, or by phone at: 1-800-962-4284. If shares are held by a bank, broker or other nominee, stockholders should contact that institution directly.

https://globenewswire.com/news-release/2018/05/08/1498780/0/en/La-Quinta-Board-of-Directors-Approves-Spin-Off-of-CorePoint-Lodging-in-Connection-with-Transaction-with-Wyndham-Worldwide.html
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Enterprising Investor Enterprising Investor 7 years ago
La Quinta Holdings Inc. Stockholders Approve Acquisition by Wyndham (4/26/17)

IRVING, Texas, April 26, 2018 (GLOBE NEWSWIRE) -- At a special meeting today, stockholders of La Quinta Holdings Inc. (“La Quinta” or the “Company”) (NYSE:LQ) approved the adoption of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 17, 2018, as it may be amended from time to time, by and among Wyndham Worldwide Corporation (“Wyndham”), WHG BB Sub, Inc. (“Merger Sub”) and La Quinta. Subject to the terms and conditions of the Merger Agreement, Merger Sub, a direct wholly-owned subsidiary of Wyndham, will be merged with and into La Quinta with La Quinta surviving the merger as a wholly-owned subsidiary of Wyndham. At the special meeting today, stockholders of La Quinta also approved amendments to La Quinta’s amended and restated certificate of incorporation to effect a reverse stock split at a ratio of 1-for-2 and to change the par value of the La Quinta common stock in connection with the reverse stock split from $0.01 per share to $0.02 per share.

The parties are actively working towards closing, and the transaction remains on track to close in the second quarter of 2018. In addition to La Quinta stockholder approval, the completion of the merger is subject to other customary closing conditions, including completion of the previously announced spin-off of CorePoint Lodging Inc. Upon the closing of the merger, the Company’s stockholders will have the right to receive $8.40 in cash prior to giving effect to the reverse stock split (or $16.80 in cash per share after giving effect to the reverse stock split), without interest (the “Merger Consideration”), for each share of common stock of La Quinta that they own immediately prior to the effective time of the merger. The Merger Consideration is in addition to the shares of CorePoint Lodging Inc. that our stockholders will receive in the spin-off of CorePoint Lodging Inc.

Forward-Looking Statements

The foregoing contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws relating to forward-looking statements. These forward-looking statements include statements relating to the expected timing, completion and effects of the proposed merger, separation and spin-off, as well as other statements representing management’s beliefs about, future events, transactions, strategies, operations and financial results, including, without limitation, our expectations with respect to the costs and other anticipated financial impacts of the spin-off and merger; future financial and operating results of CorePoint Lodging Inc. (“CorePoint”) and La Quinta Holdings Inc. (“La Quinta”); the ability of La Quinta, CorePoint and Wyndham Worldwide Corporation (“Wyndham”) to complete the contemplated financing transactions and reorganizations in connection with the merger and the spin-off; La Quinta’s plans, objectives, expectations and intentions with respect to future operations and services; required approvals to complete the merger and the spin-off by our stockholders and by governmental regulatory authorities, and the timing and conditions for such approvals; the stock price of CorePoint following the consummation of the transactions; the stock price of La Quinta prior to the consummation of the transactions; and the satisfaction of the closing conditions to the proposed merger and the spin-off. Such forward-looking statements often contain words such as “assume,” “will,” “anticipate,” “believe,” “predict,” “project,” “potential,” “contemplate,” “plan,” “forecast,” “estimate,” “expect,” “intend,” “is targeting,” “may,” “should,” “would,” “could,” “goal,” “seek,” “hope,” “aim,” “continue” and other similar words or expressions or the negative thereof or other variations thereon. Forward-looking statements are made based upon management’s current expectations and beliefs and are not guarantees of future performance. Such forward-looking statements involve numerous assumptions, risks and uncertainties that may cause actual results to differ materially from those expressed or implied in any such statements. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those risks and uncertainties described in any of our filings with the SEC. You are urged to carefully consider all such factors. Although it is believed that the expectations reflected in such forward-looking statements are reasonable and are expressed in good faith, such expectations may not prove to be correct and persons reading this communication are therefore cautioned not to place undue reliance on these forward-looking statements which speak only to expectations as of the date of this communication. We do not undertake or plan to update or revise forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or projections, or other circumstances occurring after the date of this communication, even if such results, changes or circumstances make it clear that any forward-looking information will not be realized. If we make any future public statements or disclosures which modify or impact any of the forward-looking statements contained in or accompanying this communication, such statements or disclosures will be deemed to modify or supersede such statements in this communication.

About La Quinta Holdings Inc.

La Quinta Holdings Inc. (LQ) is a leading owner, operator and franchisor of select-service hotels primarily serving the upper-midscale and midscale segments. The Company’s owned and franchised portfolio consists of approximately 900 properties representing over 87,500 rooms located in 48 states in the U.S., and in Canada, Mexico, Honduras and Colombia. These properties operate under the La Quinta Inn & Suites®, La Quinta Inn® and LQ Hotel® brands. La Quinta’s team is committed to providing guests with a refreshing and engaging experience. For more information, please visit: www.LQ.com.
From time to time, La Quinta may use its website as a distribution channel of material company information. Financial and other important information regarding the Company is routinely accessible through and posted on its website at www.lq.com/investorrelations. In addition, you may automatically receive email alerts and other information about La Quinta when you enroll your email address by visiting the Email Alerts section at www.lq.com/investorrelations.

https://globenewswire.com/news-release/2018/04/26/1488503/0/en/La-Quinta-Holdings-Inc-Stockholders-Approve-Acquisition-by-Wyndham.html
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Enterprising Investor Enterprising Investor 7 years ago
Andrew Walker Sohn Conference Presentation (4/23/18)

https://drive.google.com/file/d/0B2ARbgMZDEDvUFFJOTdQR1hPT2RiTXNuWThCYUFDNFpKN1Fz/view
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Enterprising Investor Enterprising Investor 7 years ago
Sohn Idea Contest winner is long this hotel stock (4/24/18)

https://www.cnbc.com/video/2018/04/24/sohn-idea-contest-winner-is-long-this-hotel-stock.html
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Enterprising Investor Enterprising Investor 7 years ago
La Quinta rallies after being singled out at Sohn conference (4/24/18)

La Quinta Holdings (NYSE:LQ) is up 2.25% in premarket trading after Rangeley Capital's Andrew Walker wins the Sohn Idea Contest by calling the stock "a classic undervalued spin" name with an incentive to sandbag the numbers due to tax considerations.

In a detailed thesis, Walker concludes that the CorePoint hotel REIT will be an attractive acquisition target after it is spun off from La Quinta and could spark a bidding war.

Walker's full Sohn presentation is available here. More of Walker's ideas are included in the Sifting the World Marketplace research community.

Shares of La Quinta have broken over $20 for the first time since early February off the Sohn buzz.

https://seekingalpha.com/news/3347924-la-quinta-rallies-singled-sohn-conference

19.62
+0.07
+0.36%

19.5
19.95
1,086,884
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stocktrademan stocktrademan 10 years ago
$LQ DD Notes ~ http://www.ddnotesmaker.com/LQ

bullish
good volume

$LQ recent news/filings

## source: finance.yahoo.com

Wed, 19 Nov 2014 22:42:00 GMT ~ La Quinta Prices Secondary Offering

[PR Newswire] - IRVING, Texas, Nov. 19, 2014 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") announced today the pricing of a secondary offering of 20,000,000 shares of La Quinta ...

read full: http://finance.yahoo.com/news/la-quinta-prices-secondary-offering-224200219.html
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Tue, 18 Nov 2014 17:45:54 GMT ~ What Blackstone’s Offering Will Mean for La Quinta


read full: http://247wallst.com/casinos-hotels/2014/11/18/what-blackstones-offering-will-mean-for-la-quinta/
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Mon, 17 Nov 2014 21:43:00 GMT ~ La Quinta Announces Secondary Offering of 20,000,000 Shares of Common Stock

[PR Newswire] - IRVING, Texas, Nov. 17, 2014 /PRNewswire/ -- La Quinta Holdings Inc. ("La Quinta" or the "Company") announced today that certain selling stockholders affiliated with The Blackstone ...

read full: http://finance.yahoo.com/news/la-quinta-announces-secondary-offering-214300049.html
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Wed, 05 Nov 2014 21:02:38 GMT ~ LA QUINTA HOLDINGS INC. Files SEC form 8-K, Change in Directors or Principal Officers


read full: http://biz.yahoo.com/e/141105/lq8-k.html
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Thu, 23 Oct 2014 10:02:14 GMT ~ LA QUINTA HOLDINGS INC. Files SEC form 10-Q, Quarterly Report


read full: http://biz.yahoo.com/e/141023/lq10-q.html
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$LQ charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$LQ company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/LQ/company-info
Ticker: $LQ
OTC Market Place: Not Available
CIK code: not found
Company name: La Quinta Holdings Inc.
Incorporated In:


$LQ share structure

## source: otcmarkets.com

Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available
$LQ extra dd links

Company name: La Quinta Holdings Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/LQ/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/LQ/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=LQ+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=LQ+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=LQ+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/LQ/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/LQ/news - http://finance.yahoo.com/q/h?s=LQ+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/LQ/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/LQ/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/LQ/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/LQ/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/LQ/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/LQ/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/LQ/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/LQ/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=LQ+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/LQ
DTCC (dtcc.com): http://search2.dtcc.com/?q=La+Quinta+Holdings+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=La+Quinta+Holdings+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=La+Quinta+Holdings+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/LQ/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/LQ
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/LQ/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/LQ/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/LQ/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/LQ/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/LQ/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/LQ/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/LQ/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=LQ&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=LQ
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/LQ/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=LQ+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=LQ+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=LQ
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=LQ
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=LQ+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/LQ/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=LQ+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/LQ.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=LQ
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/LQ/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/LQ/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/LQ/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/LQ/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/LQ
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/LQ
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/LQ:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=LQ
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=LQ



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