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la quinta inns and suites is over 45 years old. 6, the private equity firm blackstone bought it. la quinta went public in april this year. we have achieved executive and president. being here.r la quinta let's start off with a little bit of history about about la quinta. prior to the blackstone acquisition, blackstone purchased the company in 2006. we took the company private. yearsnt a number of repositioning the brand. april of this in year. >> what is the brand stand for in the hotel industry? , we focus onta driving loyalty and engagement. we focus on those things that make us different from our competitors and industry and space that some would say is commoditized. we focus on delivering those points of differentiation. >> let's talk about price. a lot of this comes down to how much does it cost to stay for a night? what segment of the market does la quinta focus on. ? >> we are in the upper two midscale segments. 98% of our revenue comes from the sale of a room. it is about the experience in the room. we deliver a unique exper

head of la quinta hotels, the hotel chain that recently went public, and he has plans to take the southwestern-inspired hospitality chain to the next level. ♪ >> this is "taking stock." la quinta innstes, it is over 45 years old, and in 2006, the private equity firm blackstone bought it. la quinta went public in april of this year. here to tell us more is when goldberg, the chief executive and president. thank you for being here. let's start off with little bit of the history. how it came to be in private equity, and then it went public in april. blackstone the acquisition, we actually were a public company. a blackstone purchased the company in 2006. we took the company private. inspent a number of years positioning the brand, and then we took the company public in april. >> what does the brand stand for in the hotel industry? >> at la quinta, we focus on driving loyalty and engagement. he do that through differentiation. we focus on the things that make us different from competitors. in dentistry that some would say -- in an industry that some would say is commoditized, we focus on those points of differentiation. >> let's just talk about price. a lot of this comes down to, how m

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la quinta inns and suites is ready for you, so you'll be ready for business. e ready for you alert, only at laquinta.com! la quinta! >> police across new jersey on high alert following the death of one of their own members of the blood. they are now vowing to kill more police officers in retaliation. a rookie police officer 23-year-old melvin santiago was shot in the head while responding to an attempted robbery. authorities say it was an ambush planed by the alleged shooter lawrence campbell who was shot and killed by police after he opened fire at the patrol car. a reporter under fire and out of his job for the controversial comments he made on air after the murder of officer melvin santiago now breaking his silence. he is quitting his position after he was first suspended and demoted for editorializing about quote young black men growing up without fathers. he is now speaking out for the first time. >> i knew there would be some consequences, i knew there would be some ramifications. i thought i would get a reprimand or a temporary suspensi suspension. >> wh

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la quinta inns and suites is ready for you, so you'll be ready for business. the ready for you alert, only at laquinta.com! la quinta! >>> fighting in ukraine between rebel and government forces keeping dutch investigators away from the crash site. that means evidence continues to be trampled on. as for the black boxes, well, ukrainian rebels appear to have recovered them. look at this picture. you can see one of the rebels walking through the crash site with something that looks a lot like a black box. i want to bring in cnn aviation analyst peter goals. welcome, peter. >> good morning, carol. >> i want, scott, if you can put up the picture again, so peter can look at that, whatever the rebel is carrying. does that look like one of the plane's recording devices to you, peter? >> it certainly does. little question about it. >> it must be disturbing to see it handled by someone who -- we don't know where it is at this point. >> well, yeah, the real question is is where is it? and is anyone trying to download the data. the most sensitive part of looking at these

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