La Quinta Holdings Inc. Announces Board Appointment

IRVING, Texas (December 2, 2014) – La Quinta Holdings Inc. (NYSE: LQ) today announced that Mit Shah has been appointed as Chairman of the Board.

"Mr. Shah has been an extremely valuable member of the Board, and we look forward to his leadership as Chairman," commented Wayne B. Goldberg, President & Chief Executive Officer of La Quinta. "He has significant expertise in the lodging industry and we are excited to further benefit from his experience and insights.

Mit Shah has served on the boards of directors of La Quinta and its predecessor entities since 2013. Mr. Shah currently serves as Chief Executive Officer and Senior Managing Principal of Noble Investment Group, which he founded in 1993 and which specializes in making opportunistic investments in the lodging and hospitality real estate sector. Mr. Shah also currently serves as president of the Marriott International’s MINA board, is a member of the owner and franchise board for Hyatt Hotels Corporation and is a member of the Industry Real Estate Finance Advisory Council of the American Hotel and Lodging Association.

About La Quinta Holdings Inc.

La Quinta Holdings Inc. (LQ) is a leading owner, operator and franchisor of select-service hotels primarily serving the upper-midscale and midscale segments. The Company’s owned and franchised portfolio consists of more than 850 La Quinta Inn & Suites™ and La Quinta Inn™ branded hotels representing more than 85,000 rooms located in 47 states, as well as Canada and Mexico. La Quinta’s team is committed to providing guests with a refreshing and engaging experience. For more information, please visit: www.LQ.com.

Contacts:

Investor Relations

214-492-6896

investor.relations@laquinta.com

News:

Phil Denning & Jason Chudoba

203-682-8200

Phil.Denning@icrinc.com