La Quinta Franchising, which had its busiest year ever during 2008, foresees continued growth in 2009. During 2008, the limited-service brand signed 129 new agreements, more than 80 percent of which were new construction projects. In addition, LaQuinta opened 81 locations, giving it a total of 708 locations across North America.
Currently, the company's franchise pipeline consists of close to 250 properties. "In spite of challenges in the current economic environment, we are committed to continuing the positive momentum and growth during 2009," said Rajiv Trivedi, La Quinta's executive vice president for franchising.
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