The U.S. hotel group La Quinta
plans to expand into Mexican territory with 16 hotels over the next two years and invest around 77 million dollars.
The hotel group owns over 800
hotels across the United States,Canada and Mexico. According to Rajiv Trivedi,
executive Vice President of La Quinta,the investment in Mexico is a result of
the growing economic activity in the country. The investment program was given
the green light after the company saw growth in the tourism industry and the
Mexican economy in general.
La Quinta has been in Mexico since
2007 when it opened the La Quinta Inn & Suites in Ciudad Juarez,Chihuahua
that has 89 rooms and 15 suites. The entire chain was ranked #2 in the
mid-priced category of the “2010 U.S. Hotel Chain Survey” in Business Travel
News Magazine. Having such a prestigious and growing company invest in Mexico
is a good sign for the economy in general,not to mention the sizeable dollar
amount of their investment.
The expansion will start in January
2011,with an opening of La Quinta Cancun,Quintana Roo,which will have 130
rooms. There will also be an opening later in the same month in Reynosa,
During the second half of the year,
the expansion will continue with sites in Puebla and San Luis Potosi. La Quinta
Hotels & Suites will also go into Ciudad,Chetumal,Villahermosa,
Queretaro,Zacatecas and the capital,Mexico City by the end of 2011.
La Quinta Hotels & Inns have
been in business for over 40 years,with much of their recent development in
environmentally friendly areas and using environmentally friendly materials.
Their expansion into Mexico is going to benefit not only the tourism industry
and the economy,but the environmental construction industry as well.