La Quinta Holdings (LQ) Misses Q4 EPS by 4c
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La Quinta Holdings Inc. Reports Fourth Quarter and Full Year 2017 Results
February 28, 2018 4:15 PM ESTIRVING, Texas, Feb. 28, 2018 (GLOBE NEWSWIRE) -- La Quinta Holdings Inc. (La Quinta or the Company) (NYSE: LQ) today reported its fourth quarter and full year results for the period ended December 31, 2017.
Fourth Quarter 2017 Highlights
Grew system-wide comparable RevPAR 3.4 percent; excluding the owned hotels significantly impacted by Hurricanes Irma and Harvey and the owned hotels undergoing significant renovation, system-wide RevPAR grew 5.6 percentIncreased franchise and other fee-based revenue 5.1 percentSystem-wide RevPAR Index decreased by 112 basis points; excluding the owned hotels significantly impacted by Hurricanes Irma and Harvey... More