Exhibit 21
SUBSIDIARIES OF LA QUINTA INNS, INC.
("THE COMPANY")
AS OF MARCH 3, 1994
The Company has four (4) active wholly-owned corporate subsidiaries which are:
1. La Quinta Financial Corporation, a Texas corporation;
2. La Quinta Realty Corp., a Texas corporation;
3. La Quinta Investments, Inc., a Delaware corporation; and
4. LQI Acquisition Corporation, a Delaware corporation.
The following are unincorporated partnerships and joint ventures (general and
limited partnerships) of the Company as of March 3, 1994.
Percentage of
Ownership of
Entity the Company
------ -------------
La Quinta Development Partners, L.P. 40.0%
LQ CIGNA I 1.0%
LQ CIGNA II 1.0%
La Quinta-Dallas Central Expressway, Ltd. 64.8%
La Quinta-Austin Motor Hotel, Ltd. 66.7%
La Quinta-Houston I.H. 10, Ltd. 50.0%
La Quinta-San Antonio South Joint Venture 50.0%
LQ Motor Inn Venture-Austin No. 530 50.0%
La Quinta-Wichita, Kansas No. 532, Ltd. 50.0%
LQ-West Bank Joint Venture-1982 60.0%
LQ-Baton Rouge Joint Venture 80.0%
San Antonio Main Avenue Motel, Ltd. 66.7%
LQ-LNL Limited Partnership 100%
LQM Operating Partners, L.P. 100%
La Quinta Denver-Peoria Street, Ltd. 100%
LQ-Big Apple Joint Venture 100%
LQ-East Irvine Joint Venture 100%
La Quinta Motor Inns Limited Partnership 100%
The Company is the sole general partner or managing partner of all of the
partnerships listed above.