[SIMPSON THACHER & BARTLETT LLP LETTERHEAD]
November 8, 2017
VIA COURIER AND EDGAR
Re: | CorePoint Lodging Inc. |
Registration Statement on Form 10 |
File No. 001-38168 |
Coy Garrison, Esq.
Division of Corporation Finance
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Dear Mr. Garrison:
On behalf of CorePoint Lodging Inc. (“CorePoint Lodging”), we are providing this supplemental letter to the Staff of the Division of Corporation Finance (the “Staff”) of the U.S. Securities and Exchange Commission (the “Commission”) in response to the telephone conversation of October 26, 2017, between members of the Staff and CorePoint Lodging, regarding Pre-Effective Amendment No. 1 (“Amendment No. 1”) to the above-referenced Registration Statement on Form 10 (the “Registration Statement”). The information described herein is based upon information provided to us by CorePoint Lodging.
CorePoint Lodging respectfully advises the Staff that, consistent with its October 26, 2017 telephone conversation with members of the Staff, it intends to add disclosure consistent with Annex A hereto in the Business and Properties section of a subsequently filed pre-effective amendment to the Registration Statement. The information would be included immediately prior to the “Business and Properties—Our Properties—Type of Property” by Interest” section, located on page 147 of Amendment No. 1. Information as of September 30, 2017 (excluding individual property values) has been provided for illustrative purposes. However, as was discussed with the Staff, pending finalization of the spin-off timing, CorePoint Lodging currently expects that it would first include unaudited supplemental information (including individual property values) in an amendment to the Registration Statement that includes financial information for the fiscal year ending December 31, 2017 and that such unaudited supplemental information would be as of December 31, 2017.
For fiscal years ending after the spin-off transaction, CorePoint Lodging expects to include Schedule III disclosures with the financial statements included in its Annual Reports on Form 10-K, in lieu of a supplemental table in the Business section of such Annual Reports.
* * * * *
SECURITIES AND EXCHANGE COMMISSION | 2 | November 8, 2017 |
Please do not hesitate to call me at 212-455-7614 with any questions or further comments you may have regarding this submission or if you wish to discuss the proposed disclosure.
Very truly yours,
/s/ Edgar J. Lewandowski
Edgar J. Lewandowski |
cc: | Securities and Exchange Commission |
Howard Efron
Jennifer Monick
Rahul Patel, Esq.
La Quinta Holdings Inc.
James H. Forson
Mark M. Chloupek, Esq.
Annex A
Supplemental Property Information
The following table sets forth certain supplemental information regarding our properties as of September 30, 2017.
Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
El Paso | La Quinta Inn | TX | 1988 | Dec-88 | 117 | |||||||||
Charlotte | La Quinta Inn and Suites | NC | 1998 | Dec-98 | 131 | |||||||||
Atlanta | La Quinta Inn and Suites | GA | 1998 | Oct-98 | 142 | |||||||||
Oakland | La Quinta Inn and Suites | CA | 1999 | Mar-99 | 148 | |||||||||
Ontario | La Quinta Inn and Suites | CA | 1998 | Oct-98 | 144 | |||||||||
Orlando | La Quinta Inn and Suites | FL | 1998 | Aug-98 | 148 | |||||||||
Greenville | La Quinta Inn and Suites | SC | 1999 | Apr-99 | 125 | |||||||||
Las Vegas | La Quinta Inn and Suites | NV | 1999 | Jan-99 | 128 | |||||||||
Atlanta | La Quinta Inn and Suites | GA | 1997 | Dec-97 | 140 | |||||||||
Memphis | La Quinta Inn and Suites | TN | 1998 | Dec-98 | 131 | |||||||||
Austin | La Quinta Inn and Suites | TX | 1997 | Dec-97 | 128 | |||||||||
Houston | La Quinta Inn and Suites | TX | 1999 | Apr-99 | 132 | |||||||||
Oklahoma City | La Quinta Inn and Suites | OK | 1999 | Feb-99 | 119 | |||||||||
Orlando | La Quinta Inn and Suites | FL | 1999 | Apr-99 | 130 | |||||||||
Winston-Salem | La Quinta Inn and Suites | NC | 1999 | Jun-99 | 131 | |||||||||
Orlando | La Quinta Inn and Suites | FL | 1999 | Aug-99 | 184 | |||||||||
Raleigh/Durham | La Quinta Inn and Suites | NC | 1999 | Mar-99 | 130 | |||||||||
Raleigh/Durham | La Quinta Inn and Suites | NC | 1999 | Jun-99 | 141 | |||||||||
Austin | La Quinta Inn and Suites | TX | 1999 | Apr-99 | 142 | |||||||||
Greensboro | La Quinta Inn and Suites | NC | 1999 | Jun-99 | 131 | |||||||||
Lafayette (LA) | La Quinta Inn | LA | 1969 | Feb-69 | 140 | |||||||||
El Paso | La Quinta Inn | TX | 1980 | Nov-80 | 137 | |||||||||
Odessa | La Quinta Inn | TX | 1981 | Jan-81 | 122 | |||||||||
Amarillo | La Quinta Inn | TX | 1983 | Jan-83 | 129 | |||||||||
Midland | La Quinta Inn | TX | 1983 | May-83 | 146 | |||||||||
Tyler | La Quinta Inn | TX | 1983 | Sep-83 | 129 | |||||||||
Farmington | La Quinta Inn | NM | 1983 | Dec-83 | 107 | |||||||||
Corpus Christi | La Quinta Inn | TX | 1983 | May-83 | 129 | |||||||||
Austin | La Quinta Inn | TX | 1983 | May-83 | 131 | |||||||||
San Antonio | La Quinta Inn and Suites | TX | 2005 | Jan-05 | 348 | |||||||||
Laredo | La Quinta Inn | TX | 1969 | Jul-69 | 153 | |||||||||
El Paso | La Quinta Inn | TX | 1969 | Jun-69 | 121 | |||||||||
New Orleans | La Quinta Inn | LA | 1970 | Jan-70 | 101 | |||||||||
San Antonio | La Quinta Inn | TX | 1970 | Mar-70 | 122 | |||||||||
Waco (3) | La Quinta Inn | TX | 1971 | Sep-71 | 101 | |||||||||
Dallas/Ft Worth | La Quinta Inn | TX | 1971 | Oct-71 | 101 | |||||||||
Wichita Falls | La Quinta Inn | TX | 1973 | Jun-73 | 139 |
Page 1 of 9
Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
Denver | La Quinta Inn | CO | 1974 | Jun-74 | 130 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 2002 | Mar-02 | 168 | |||||||||
Lubbock | La Quinta Inn | TX | 1976 | Mar-76 | 137 | |||||||||
Austin | La Quinta Inn | TX | 1975 | Mar-75 | 132 | |||||||||
San Antonio | La Quinta Inn | TX | 1975 | Aug-75 | 177 | |||||||||
Killeen | La Quinta Inn | TX | 1976 | May-76 | 105 | |||||||||
Clute/Lake Jackson | La Quinta Inn | TX | 1977 | Jun-77 | 136 | |||||||||
Austin | La Quinta Inn | TX | 1977 | Jun-77 | 122 | |||||||||
Indianapolis | La Quinta Inn | IN | 1980 | Mar-80 | 121 | |||||||||
Tallahassee | La Quinta Inn | FL | 1979 | Dec-79 | 154 | |||||||||
College Station | La Quinta Inn | TX | 1980 | Jan-80 | 176 | |||||||||
Orange County | La Quinta Inn | CA | 1980 | Jun-80 | 160 | |||||||||
Abilene | La Quinta Inn | TX | 1979 | Dec-79 | 106 | |||||||||
Reno | La Quinta Inn | NV | 1981 | Mar-81 | 130 | |||||||||
Columbus (GA) | La Quinta Inn | GA | 1980 | Jan-80 | 123 | |||||||||
Columbus (OH) | La Quinta Inn | OH | 1980 | May-80 | 122 | |||||||||
Champaign | La Quinta Inn | IL | 1982 | Feb-82 | 122 | |||||||||
San Antonio | La Quinta Inn | TX | 1981 | Oct-81 | 130 | |||||||||
Denver | La Quinta Inn | CO | 1982 | Jul-82 | 122 | |||||||||
Nashville | La Quinta Inn | TN | 1982 | May-82 | 130 | |||||||||
Lexington | La Quinta Inn | KY | 1982 | Apr-82 | 129 | |||||||||
Tuscaloosa | La Quinta Inn | AL | 1982 | May-82 | 122 | |||||||||
Savannah | La Quinta Inn | GA | 1982 | Sep-82 | 154 | |||||||||
Phoenix | La Quinta Inn | AZ | 1982 | Dec-82 | 128 | |||||||||
San Antonio | La Quinta Inn | TX | 1982 | Oct-82 | 125 | |||||||||
Bossier City | La Quinta Inn | LA | 1982 | Nov-82 | 130 | |||||||||
Eagle Pass | La Quinta Inn | TX | 1982 | Dec-82 | 131 | |||||||||
Baton Rouge | La Quinta Inn | LA | 1984 | Feb-84 | 142 | |||||||||
Victoria | La Quinta Inn | TX | 1984 | Feb-84 | 130 | |||||||||
New Orleans | La Quinta Inn | LA | 1984 | Jul-84 | 154 | |||||||||
New Orleans (2) | La Quinta Inn | LA | 1984 | Aug-84 | 153 | |||||||||
Lufkin | La Quinta Inn | TX | 1984 | Jan-84 | 105 | |||||||||
Temple | La Quinta Inn | TX | 1984 | Apr-84 | 106 | |||||||||
Norfolk | La Quinta Inn | VA | 1984 | Jul-84 | 129 | |||||||||
Chicago | La Quinta Inn | IL | 1984 | Aug-84 | 150 | |||||||||
San Antonio | La Quinta Inn | TX | 1984 | Jun-84 | 193 | |||||||||
Augusta | La Quinta Inn | GA | 1985 | Apr-85 | 130 |
Page 2 of 9
Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
El Paso | La Quinta Inn | TX | 1984 | Nov-84 | 130 | |||||||||
Tampa/St Petersburg | La Quinta Inn | FL | 1978 | Jun-78 | 121 | |||||||||
Pensacola | La Quinta Inn | FL | 1985 | Feb-85 | 130 | |||||||||
Houston | La Quinta Inn | TX | 1985 | May-85 | 112 | |||||||||
Stockton | La Quinta Inn | CA | 1984 | Oct-84 | 151 | |||||||||
Pittsburgh | La Quinta Inn | PA | 1985 | Dec-85 | 129 | |||||||||
Albuquerque | La Quinta Inn | NM | 1983 | Aug-83 | 130 | |||||||||
Colorado Springs | La Quinta Inn | CO | 1985 | Nov-85 | 105 | |||||||||
Sacramento | La Quinta Inn | CA | 1985 | May-85 | 129 | |||||||||
Denver | La Quinta Inn | CO | 1985 | Aug-85 | 129 | |||||||||
Tampa/St Petersburg | La Quinta Inn | FL | 1986 | Aug-86 | 115 | |||||||||
Amarillo | La Quinta Inn | TX | 1986 | Feb-86 | 128 | |||||||||
San Antonio | La Quinta Inn | TX | 1986 | Apr-86 | 137 | |||||||||
Orlando | La Quinta Inn | FL | 1987 | May-87 | 128 | |||||||||
San Diego | La Quinta Inn | CA | 1987 | Jan-87 | 105 | |||||||||
Denver | �� | La Quinta Inn | CO | 1986 | May-86 | 131 | ||||||||
Bakersfield | La Quinta Inn | CA | 1986 | May-86 | 128 | |||||||||
San Diego | La Quinta Inn | CA | 1986 | Dec-86 | 142 | |||||||||
Houston | La Quinta Inn | TX | 1986 | May-86 | 129 | |||||||||
Fresno | La Quinta Inn | CA | 1986 | Apr-86 | 129 | |||||||||
Denver | La Quinta Inn | CO | 1986 | Jul-86 | 130 | |||||||||
Ventura | La Quinta Inn | CA | 1988 | Aug-88 | 142 | |||||||||
San Diego | La Quinta Inn | CA | 1987 | Apr-87 | 120 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn | FL | 1986 | Oct-86 | 128 | |||||||||
San Francisco | La Quinta Inn | CA | 1987 | Oct-87 | 171 | |||||||||
Santa Fe | La Quinta Inn | NM | 1986 | Nov-86 | 131 | |||||||||
Orange County | La Quinta Inn and Suites | CA | 1986 | Dec-86 | 148 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn | FL | 1986 | Aug-86 | 165 | |||||||||
Gainesville | La Quinta Inn | FL | 1989 | Jul-89 | 134 | |||||||||
San Angelo | La Quinta Inn | TX | 1974 | Dec-74 | 173 | |||||||||
Moline | La Quinta Inn | IL | 1975 | May-75 | 125 | |||||||||
St. Louis | La Quinta Inn and Suites | MO | 1997 | Apr-97 | 131 | |||||||||
Seattle/Tacoma | La Quinta Inn and Suites | WA | 1986 | Sep-86 | 143 | |||||||||
Seattle/Tacoma | La Quinta Inn and Suites | WA | 1986 | Dec-86 | 121 | |||||||||
Seattle/Tacoma | La Quinta Inn and Suites | WA | 1985 | Jun-85 | 155 | |||||||||
Salt Lake City | La Quinta Inn and Suites | UT | 1983 | Jun-83 | 100 | |||||||||
Galveston | La Quinta Inn | TX | 1978 | Jul-78 | 119 |
Page 3 of 9
Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
Tampa/St Petersburg | La Quinta Inn and Suites | FL | 1986 | Jun-86 | 118 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 2006 | Aug-06 | 178 | |||||||||
Las Cruces | La Quinta Inn | NM | 1980 | Jun-80 | 139 | |||||||||
Houston | La Quinta Inn and Suites | TX | 1986 | Jul-86 | 125 | |||||||||
Tucson | La Quinta Inn | AZ | 1977 | Jun-77 | 141 | |||||||||
Corpus Christi | La Quinta Inn | TX | 1973 | May-73 | 122 | |||||||||
Phoenix | La Quinta Inn | AZ | 1973 | Sep-73 | 138 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 1974 | May-74 | 127 | |||||||||
San Antonio | La Quinta Inn | TX | 1974 | Nov-74 | 112 | |||||||||
Huntsville (AL) | La Quinta Inn | AL | 1985 | May-85 | 130 | |||||||||
Kansas City | La Quinta Inn | KS | 1978 | May-78 | 106 | |||||||||
Salt Lake City | La Quinta Inn | UT | 1978 | Jul-78 | 122 | |||||||||
Mobile | La Quinta Inn | AL | 1979 | May-79 | 122 | |||||||||
Merrillville | La Quinta Inn | IN | 1979 | Feb-79 | 121 | |||||||||
Cheyenne | La Quinta Inn | WY | 1981 | Feb-81 | 105 | |||||||||
Omaha | La Quinta Inn | NE | 1981 | Apr-81 | 129 | |||||||||
Albuquerque | La Quinta Inn | NM | 1982 | Apr-82 | 105 | |||||||||
Ft. Myers | La Quinta Inn | FL | 1984 | May-84 | 129 | |||||||||
Denver | La Quinta Inn | CO | 1980 | May-80 | 107 | |||||||||
Austin | La Quinta Inn and Suites | TX | 1987 | Apr-87 | 116 | |||||||||
Austin | La Quinta Inn | TX | 1965 | Feb-92 | 152 | |||||||||
Phoenix | La Quinta Inn | AZ | 1979 | Jun-79 | 146 | |||||||||
New Orleans | La Quinta Inn | LA | 1967 | Jul-06 | 172 | |||||||||
Redding | La Quinta Inn and Suites | CA | 1965 | Aug-93 | 141 | |||||||||
New Orleans | La Quinta Inn and Suites | LA | 1973 | Jun-73 | 198 | |||||||||
Sacramento | La Quinta Inn | CA | 1970 | Jun-70 | 168 | |||||||||
Nashville | La Quinta Inn and Suites | TN | 1986 | Oct-86 | 134 | |||||||||
Los Angeles | La Quinta Inn and Suites | CA | 1987 | Nov-87 | 160 | |||||||||
San Antonio | La Quinta Inn and Suites | TX | 2002 | Jan-02 | 276 | |||||||||
Lubbock | La Quinta Inn and Suites | TX | 1986 | Jun-86 | 131 | |||||||||
Las Vegas | La Quinta Inn and Suites | NV | 1984 | Jun-84 | 251 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1980 | Nov-80 | 122 | |||||||||
Fort Stockton | La Quinta Inn | TX | 1983 | Jun-83 | 97 | |||||||||
Austin | La Quinta Inn | TX | 1993 | Oct-93 | 117 | |||||||||
Chattanooga | La Quinta Inn | TN | 1986 | Aug-86 | 132 | |||||||||
Savannah | La Quinta Inn | GA | 1987 | Sep-87 | 119 | |||||||||
Kingsport | La Quinta Inn and Suites | TN | 1991 | Feb-91 | 118 |
Page 4 of 9
Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
Austin | La Quinta Inn and Suites | TX | 1996 | Jun-96 | 149 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 1996 | Jun-96 | 152 | |||||||||
Flagstaff | La Quinta Inn and Suites | AZ | 1996 | Jun-96 | 128 | |||||||||
Macon | La Quinta Inn and Suites | GA | 1996 | Oct-96 | 142 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1987 | Jun-87 | 145 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 1996 | Aug-96 | 140 | |||||||||
Raleigh/Durham | La Quinta Inn and Suites | NC | 1996 | Nov-96 | 135 | |||||||||
Tucson | La Quinta Inn and Suites | AZ | 1996 | Sep-96 | 143 | |||||||||
Denver | La Quinta Inn and Suites | CO | 1996 | Dec-96 | 148 | |||||||||
Huntsville (TX) (4) | La Quinta Inn | TX | 1969 | Jun-69 | 119 | |||||||||
Phoenix | La Quinta Inn and Suites | AZ | 1996 | Dec-96 | 140 | |||||||||
Birmingham | La Quinta Inn and Suites | AL | 1996 | Dec-96 | 129 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 1996 | Dec-96 | 133 | |||||||||
Myrtle Beach | La Quinta Inn and Suites | SC | 1997 | Mar-97 | 128 | |||||||||
Denver | La Quinta Inn and Suites | CO | 1997 | Apr-97 | 120 | |||||||||
Sherman/Denison | La Quinta Inn and Suites | TX | 1997 | May-97 | 115 | |||||||||
Birmingham | La Quinta Inn and Suites | AL | 1997 | May-97 | 133 | |||||||||
Shreveport | La Quinta Inn and Suites | LA | 1997 | Mar-97 | 117 | |||||||||
Houston | La Quinta Inn and Suites | TX | 1997 | May-97 | 117 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 1997 | Jun-97 | 128 | |||||||||
Salt Lake City | La Quinta Inn and Suites | UT | 1997 | Jun-97 | 114 | |||||||||
Raleigh/Durham | La Quinta Inn and Suites | NC | 1998 | Jan-98 | 134 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 1997 | May-97 | 128 | |||||||||
Alexandria | La Quinta Inn and Suites | LA | 1997 | May-97 | 117 | |||||||||
Orem/Provo | La Quinta Inn and Suites | UT | 1997 | Jun-97 | 131 | |||||||||
Houston | La Quinta Inn and Suites | TX | 1998 | Mar-98 | 173 | |||||||||
Atlanta | La Quinta Inn and Suites | GA | 1997 | Sep-97 | 131 | |||||||||
Tampa/St Petersburg | La Quinta Inn and Suites | FL | 1997 | Nov-97 | 128 | |||||||||
Raleigh/Durham | La Quinta Inn and Suites | NC | 1998 | Mar-98 | 128 | |||||||||
Oklahoma City | La Quinta Inn and Suites | OK | 1997 | Nov-97 | 117 | |||||||||
Dallas/Ft Worth | La Quinta Inn and Suites | TX | 1998 | Jan-98 | 129 | |||||||||
Jacksonville | La Quinta Inn and Suites | FL | 1997 | Dec-97 | 131 | |||||||||
Grand Junction | La Quinta Inn and Suites | CO | 1998 | Feb-98 | 108 | |||||||||
Atlanta | La Quinta Inn and Suites | GA | 1998 | Feb-98 | 119 | |||||||||
Pueblo | La Quinta Inn and Suites | CO | 1998 | May-98 | 101 | |||||||||
Phoenix | La Quinta Inn and Suites | AZ | 1998 | Jan-98 | 125 | |||||||||
Lakeland | La Quinta Inn and Suites | FL | 1997 | Dec-97 | 119 |
Page 5 of 9
Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
Panama City | La Quinta Inn and Suites | FL | 1998 | Jan-98 | 119 | |||||||||
Phoenix | La Quinta Inn and Suites | AZ | 1997 | Dec-97 | 107 | |||||||||
Tampa/St Petersburg | La Quinta Inn and Suites | FL | 1997 | Dec-97 | 109 | |||||||||
Denver | La Quinta Inn and Suites | CO | 1998 | Sep-98 | 168 | |||||||||
Albuquerque | La Quinta Inn and Suites | NM | 1998 | Jan-98 | 118 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1998 | Jul-98 | 143 | |||||||||
Colorado Springs | La Quinta Inn and Suites | CO | 1998 | Apr-98 | 131 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1998 | Dec-98 | 131 | |||||||||
New Orleans | La Quinta Inn and Suites | LA | 1999 | May-99 | 166 | |||||||||
Phoenix | La Quinta Inn and Suites | AZ | 1998 | Feb-98 | 108 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1998 | Jun-98 | 131 | |||||||||
Denver | La Quinta Inn and Suites | CO | 1998 | May-98 | 128 | |||||||||
Orlando | La Quinta Inn and Suites | FL | 1998 | Jun-98 | 128 | |||||||||
Ocala | La Quinta Inn and Suites | FL | 1998 | Jun-98 | 117 | |||||||||
Phoenix | La Quinta Inn and Suites | AZ | 1998 | Jun-98 | 117 | |||||||||
Omaha | La Quinta Inn | NE | 1979 | Sep-04 | 92 | |||||||||
Cleveland | La Quinta Inn and Suites | OH | 1997 | Sep-04 | 86 | |||||||||
Cleveland | La Quinta Inn | OH | 1990 | Sep-04 | 100 | |||||||||
Milwaukee | La Quinta Inn and Suites | WI | 1997 | Sep-04 | 97 | |||||||||
Sheboygan | La Quinta Inn | WI | 1975 | Sep-04 | 96 | |||||||||
Kansas City | La Quinta Inn | MO | 1991 | Sep-04 | 96 | |||||||||
Birmingham | La Quinta Inn | AL | 1987 | Sep-04 | 101 | |||||||||
Springdale | La Quinta Inn and Suites | AR | 1994 | Sep-04 | 100 | |||||||||
Hartford | La Quinta Inn | CT | 1991 | Sep-04 | 104 | |||||||||
Jacksonville | La Quinta Inn and Suites | FL | 1989 | Sep-04 | 99 | |||||||||
Orlando | La Quinta Inn and Suites | FL | 1988 | Sep-04 | 125 | |||||||||
Atlanta | La Quinta Inn | GA | 1985 | Sep-04 | 94 | |||||||||
Des Moines | La Quinta Inn and Suites | IA | 1993 | Sep-04 | 102 | |||||||||
Chicago | La Quinta Inn and Suites | IL | 1994 | Sep-04 | 103 | |||||||||
Chicago | La Quinta Inn and Suites | IL | 1995 | Sep-04 | 101 | |||||||||
Baton Rouge | La Quinta Inn and Suites | LA | 1985 | Sep-04 | 100 | |||||||||
Auburn (MA) | La Quinta Inn | MA | 1985 | Sep-04 | 100 | |||||||||
Detroit | La Quinta Inn | MI | 1987 | Sep-04 | 98 | |||||||||
Detroit | La Quinta Inn | MI | 1991 | Sep-04 | 100 | |||||||||
Meridian | La Quinta Inn and Suites | MS | 1985 | Sep-04 | 101 | |||||||||
Plattsburgh | La Quinta Inn and Suites | NY | 1996 | Sep-04 | 103 | |||||||||
Cincinnati | La Quinta Inn | OH | 1985 | Sep-04 | 98 |
Page 6 of 9
Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
Cleveland | La Quinta Inn | OH | 1992 | Sep-04 | 115 | |||||||||
Columbus (OH) | La Quinta Inn | OH | 1993 | Sep-04 | 101 | |||||||||
Mansfield | La Quinta Inn and Suites | OH | 1996 | Oct-04 | 87 | |||||||||
Harrisburg | La Quinta Inn and Suites | PA | 1990 | Oct-04 | 110 | |||||||||
Jackson (TN) | La Quinta Inn and Suites | TN | 1991 | Oct-04 | 100 | |||||||||
Nashville | La Quinta Inn and Suites | TN | 1993 | Oct-04 | 102 | |||||||||
Milwaukee | La Quinta Inn | WI | 1988 | Oct-04 | 99 | |||||||||
Milwaukee | La Quinta Inn | WI | 1991 | Oct-04 | 98 | |||||||||
Stevens Point | La Quinta Inn and Suites | WI | 1989 | Oct-04 | 73 | |||||||||
Tampa/St Petersburg | La Quinta Inn and Suites | FL | 1988 | Oct-04 | 101 | |||||||||
Brunswick | La Quinta Inn and Suites | GA | 1990 | Oct-04 | 99 | |||||||||
Toledo | La Quinta Inn | OH | 1996 | Oct-04 | 101 | |||||||||
Columbia (SC) | La Quinta Inn and Suites | SC | 1986 | Oct-04 | 99 | |||||||||
Columbia (MO) | La Quinta Inn and Suites | MO | 1988 | Oct-04 | 100 | |||||||||
Melbourne/Titusville | La Quinta Inn and Suites | FL | 1995 | Oct-04 | 106 | |||||||||
Naples | La Quinta Inn and Suites | FL | 1995 | Oct-04 | 103 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1995 | Oct-04 | 104 | |||||||||
Detroit | La Quinta Inn and Suites | MI | 1997 | Oct-04 | 106 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1996 | Oct-04 | 107 | |||||||||
Chicago | La Quinta Inn | IL | 1987 | Oct-04 | 130 | |||||||||
Austin | La Quinta Inn and Suites | TX | 1998 | Oct-04 | 87 | |||||||||
Milwaukee | La Quinta Inn and Suites | WI | 2001 | Oct-04 | 88 | |||||||||
Boston | La Quinta Inn and Suites | MA | 2000 | Dec-04 | 147 | |||||||||
Los Angeles | La Quinta Inn and Suites | CA | 1972 | Feb-06 | 279 | |||||||||
Orange County | La Quinta Inn and Suites | CA | 1985 | Feb-06 | 181 | |||||||||
Myrtle Beach | La Quinta Inn and Suites | SC | 1986 | May-06 | 148 | |||||||||
Islip | La Quinta Inn and Suites | NY | 2006 | Jun-06 | 132 | |||||||||
Los Angeles | La Quinta Inn and Suites | CA | 1992 | Apr-06 | 129 | |||||||||
Little Rock | La Quinta Inn and Suites | AR | 1972 | May-06 | 261 | |||||||||
Minneapolis | La Quinta Inn and Suites | MN | 1980 | Jun-06 | 233 | |||||||||
Chicago | La Quinta Inn and Suites | IL | 2009 | Apr-09 | 239 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn | FL | 1968 | Jul-06 | 162 | |||||||||
West Palm Beach | La Quinta Inn | FL | 1988 | Oct-06 | 114 | |||||||||
South Burlington | La Quinta Inn and Suites | VT | 1988 | Mar-07 | 104 | |||||||||
St. Albans | La Quinta Inn and Suites | VT | 1996 | Sep-06 | 81 | |||||||||
Ft. Myers | La Quinta Inn and Suites | FL | 1986 | Sep-06 | 158 | |||||||||
Charlotte | La Quinta Inn and Suites | NC | 1986 | Oct-06 | 119 |
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Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||
Charleston | La Quinta Inn and Suites | SC | 1987 | Nov-06 | 174 | |||||||||
Sacramento | La Quinta Inn and Suites | CA | 1985 | Sep-06 | 131 | |||||||||
Thousand Oaks | La Quinta Inn and Suites | CA | 1987 | Sep-06 | 122 | |||||||||
Baltimore | La Quinta Inn and Suites | MD | 1987 | Feb-07 | 127 | |||||||||
Baltimore | La Quinta Inn and Suites | MD | 1990 | Feb-07 | 130 | |||||||||
Baltimore | La Quinta Inn and Suites | MD | 1989 | Feb-07 | 105 | |||||||||
New Haven | La Quinta Inn and Suites | CT | 1972 | Feb-07 | 152 | |||||||||
Portland (ME) | La Quinta Inn and Suites | ME | 1985 | Feb-07 | 105 | |||||||||
Boston | La Quinta Inn and Suites | NH | 1987 | Feb-07 | 105 | |||||||||
New York City | La Quinta Inn and Suites | CT | 1975 | Feb-07 | 158 | |||||||||
Warwick | La Quinta Inn and Suites | RI | 1990 | Feb-07 | 115 | |||||||||
Norfolk | La Quinta Inn and Suites | VA | 1987 | Jul-07 | 136 | |||||||||
New York City | La Quinta Inn and Suites | NY | 1999 | Sep-07 | 129 | |||||||||
Oshkosh | La Quinta Inn | WI | 1973 | Sep-04 | 96 | |||||||||
Wausau | La Quinta Inn | WI | 1979 | Sep-04 | 93 | |||||||||
Miami/Ft Lauderdale | La Quinta Inn | FL | 1988 | Sep-04 | 101 | |||||||||
Tampa/St Petersburg | La Quinta Inn and Suites | FL | 1985 | Sep-04 | 101 | |||||||||
Atlanta | La Quinta Inn and Suites | GA | 1990 | Sep-04 | 101 | |||||||||
Columbus (GA) | La Quinta Inn and Suites | GA | 1985 | Sep-04 | 99 | |||||||||
Indianapolis | La Quinta Inn | IN | 1986 | Sep-04 | 97 | |||||||||
Indianapolis | La Quinta Inn | IN | 1993 | Sep-04 | 102 | |||||||||
Raleigh/Durham (4) | La Quinta Inn and Suites | NC | 1989 | Sep-04 | 118 | |||||||||
Houston | La Quinta Inn and Suites | TX | 1997 | Sep-04 | 104 | |||||||||
Houston | La Quinta Inn and Suites | TX | 1996 | Sep-04 | 117 | |||||||||
Kenosha | La Quinta Inn | WI | 1979 | Sep-04 | 92 | |||||||||
Little Rock | La Quinta Inn and Suites | AR | 1990 | Sep-04 | 99 | |||||||||
Savannah | La Quinta Inn and Suites | GA | 1986 | Sep-04 | 100 | |||||||||
Albuquerque | La Quinta Inn and Suites | NM | 1990 | Sep-04 | 97 | |||||||||
Houston | La Quinta Inn and Suites | TX | 1994 | Sep-04 | 106 | |||||||||
Nashville | La Quinta Inn and Suites | TN | 1985 | Sep-04 | 141 | |||||||||
Minneapolis | La Quinta Inn | MN | 1989 | Sep-04 | 187 | |||||||||
Las Cruces | La Quinta Inn and Suites | NM | 1997 | Sep-04 | 87 | |||||||||
El Paso | La Quinta Inn and Suites | TX | 1996 | Oct-04 | 103 | |||||||||
El Paso | La Quinta Inn and Suites | TX | 1992 | Oct-04 | 103 | |||||||||
Lakeland | La Quinta Inn and Suites | FL | 1996 | Oct-04 | 103 | |||||||||
Tampa/St Petersburg | La Quinta Inn | FL | 1984 | Oct-04 | 144 | |||||||||
Milwaukee | La Quinta Inn | WI | 1982 | Oct-04 | 103 |
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Metropolitan Market | Inn / Inn and Suites | State | Date of Construction | Month Acquired | Number of Rooms | Net Book Value of Property in Service (1) | ||||||||||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1991 | Oct-04 | 152 | |||||||||||||||||
Milford | La Quinta Inn | MA | 1989 | Dec-04 | 89 | |||||||||||||||||
Boston | La Quinta Inn and Suites | MA | 1981 | Dec-04 | 168 | |||||||||||||||||
Denver | La Quinta Inn and Suites | CO | 1972 | Sep-04 | 134 | |||||||||||||||||
Chicago | La Quinta Inn and Suites | IL | 1999 | Sep-04 | 127 | |||||||||||||||||
Cincinnati | La Quinta Inn and Suites | OH | 1997 | Sep-04 | 151 | |||||||||||||||||
San Antonio | La Quinta Inn and Suites | TX | 1999 | Sep-04 | 151 | |||||||||||||||||
Appleton | La Quinta Inn and Suites | WI | 1988 | Sep-04 | 99 | |||||||||||||||||
Milwaukee | La Quinta Inn and Suites | WI | 1994 | Sep-04 | 109 | |||||||||||||||||
Madison | La Quinta Inn and Suites | WI | 1997 | Sep-04 | 120 | |||||||||||||||||
Clifton | La Quinta Inn and Suites | NJ | 1973 | Apr-06 | 231 | |||||||||||||||||
Fairfield | La Quinta Inn and Suites | NJ | 1974 | Apr-06 | 176 | |||||||||||||||||
New York City | La Quinta Inn and Suites | NY | 1973 | Apr-06 | 140 | |||||||||||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1987 | Apr-06 | 103 | |||||||||||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1986 | Apr-06 | 79 | |||||||||||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1994 | Apr-06 | 103 | |||||||||||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1989 | Apr-06 | 97 | |||||||||||||||||
Naples | La Quinta Inn and Suites | FL | 1989 | Apr-06 | 103 | |||||||||||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1990 | Apr-06 | 104 | |||||||||||||||||
Sarasota | La Quinta Inn and Suites | FL | 1990 | Apr-06 | 102 | |||||||||||||||||
West Palm Beach | La Quinta Inn and Suites | FL | 1989 | Feb-06 | 103 | |||||||||||||||||
Miami/Ft Lauderdale | La Quinta Inn and Suites | FL | 1987 | Mar-06 | 101 | |||||||||||||||||
Total | ||||||||||||||||||||||
(1) | Represents the historical cost of property, plant and equipment, net of accumulated depreciation and any fair value adjustments, for land, building and improvement assets at the hotel. This figure excludes i) assets specific to the franchising and management businesses and ii) assets not yet assigned to a specific property. As a result, the total does not agree to property, plant and equipment reported in the La Quinta Holdings Inc. financial statements. |
(2) | This property is a joint venture in which La Quinta owns the majority interest. |
(3) | The hotel in operation at this location was demolished and most of the land parcel was sold after September 30, 2017. This value represents the historical cost basis of the remaining land parcel. |
(4) | While this property remains in operation, the property is classified as held for sale and the book value of Property, Plant and Equipment on our balance sheet is zero. |
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