DALLAS— During second quarter, La Quinta Corp. inked 36 new franchise agreements and saw its new construction and conversion pipeline swell for both the La Quinta and Baymont brands. In total, nine franchise properties opened during Q2. Currently, 110 franchise agreements are in the pipeline and the total franchise portfolio has reached the 230-hotel mark. That number represents 40% of the total number of La Quinta and Baymont properties in the company’s system. Furthermore, during Q2, La Quinta signed its first franchise agreement in Mexico.
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