Dallas, TX, March, 18 2003 - La Quinta Corporation (NYSE: LQI) announced that it has reflagged a former Sheraton Four Points hotel at 7769 West Bronson Highway, Kissimmee. With 651 rooms in 15 buildings in a resort setting, the La Quinta Inn Lakeside is located less than two miles from the entrance to the Walt Disney World Resort area, features three heated swimming pools, supervised activities for children, 3,200 square feet of flexible meeting space, and four dining outlets. The property is ideal for leisure travel or business. Other facilities include a modern electronic game room including a pool table and dart games, newly renovated miniature golf course, and two sanded playgrounds for kids.

La Quinta Inn Kissimmee Lakeside 7769 West Irlo Bronson Memorial Highway Kissimmee, Florida

Maj Sherwani, the hotel�s owner, said, �We are delighted to be affiliated with La Quinta, one of the leading brands in the hospitality business.� He concluded, �With many of the assets of a resort destination and the power of La Quinta behind us, we look forward to a long and prosperous relationship.�

Alan Tallis, Executive Vice President and Chief Development Office for La Quinta Corporation said, �We are proud to welcome this great new location to the La Quinta family. It is a unique property, which truly offers �something for everyone.�� He concluded, �We continue to expand our franchise program and build brand recognition by adding impressive properties � and the La Quinta Inn Lakeside is an excellent example.�

The La Quinta Inn Lakeside offers fine accommodations and amenities, including in-room refrigerators and coffee makers, unlimited local phone calls from guest rooms, free scheduled shuttle service to Walt Disney World Resort Area theme parks and other local attractions, a fitness room, and business center. Many of the rooms feature a pool, lakeside or garden view.

About La Quinta Corporation
Dallas-based La Quinta Corporation (NYSE: LQI), a limited-service lodging company, owns, operates or franchises more than 350 La Quinta Inns and La Quinta Inn & Suites in 33 states. For more information about La Quinta, please visit its website at www.LQ.com or for reservations at any La Quinta hotel call 1-800-531-5900. La Quinta Corporation, La Quinta Inns and La Quinta Inns & Suites are registered in the US Patent and Trademark office.