Blackstone to pursue IPO for La Quinta

... as U.S. stocks rise to records and hotel occupancies climb. La Quinta, valued at about $4.5 billion, would be the New York-based company's third lodging IPO. In addition to Extended Stay, Hilton Worldwide Holdings Inc. is poised for a $2.25 billion ...

http://www.crainsnewyork.com/article/20131125/FINANCE/131129931?CSAuthResp=1%3A473519755418894%3A220276%3A3%3A24%3Aapproved%3A3C7D674908986BD556C322E32D99F150