Revenue during the quarter dropped 3.10 percent to $234.27 million from $241.77 million in the previous year period. Operating margin for the quarter period stood at positive 10.23 percent as compared to a negative 18.83 percent for the previous year period.

Operating income for the quarter was $23.97 million, compared with an operating loss of $45.52 million in the previous year period.

However, the adjusted operating income for the quarter stood at $28.80 million compared to $37.82 million in the prior year period.

"The year is off to a solid start at La Quinta. We continued to make progress on our key strategic initiatives to drive consistency in our product and in the delivery of an outstanding guest experience, as well as to drive increased engagement with the La Quinta brand. We strongly believe that these initiatives put La Quinta on a path to delivering long-term profitable growth for our shareholders. During the first quarter, we grew RevPAR, including a positive contribution from our properties in the STR-defined "oil tracts,” and continued to see significant improvement in our guest satisfaction scores, which led us to our third consecutive quarter of market share growth. We also added to a strong pipeline that will allow us to further expand our reach into new markets and take advantage of our unique growth opportunity in the industry. Our repositioning efforts are well underway and we are encouraged by the early positive results we are seeing. The investments we are making in our people, our product, and the overall guest experience are taking hold ��" and our guests are taking notice." said Keith A. Cline, president and chief executive officer of La Quinta.