La Quinta Uses Corporate e-learning to Stay on Top

March 10, 2004

PHOENIX—March 8, 2004—KnowledgeNet®, the fastest-growing e-learning organization, today announced that La Quinta Corporation (NYSE: LQI), a leader in the lodging industry, has signed a contract with KnowledgeNet to develop expert-led training courses for their more than 7000 employees. In addition to expert-led training, La Quinta will also have access to KnowledgeNet’s powerful and proven learning management system (LMS), Monsoon 6.0, to manage, track, measure and report on each learner’s training progress.

“We take pride in having resourceful dedicated employees, and we train them to anticipate and satisfy our guests needs,” said Brent Spaeth, senior vice president of human resources at La Quinta. “We have tremendous respect for our employees and guests and we feel that comprehensive training is the best way to help the organization maintain our leadership position.
KnowledgeNet’s expert-led e-learning solutions will carry on this La Quinta tradition, while saving the company time and money.”

In 2003, after a thorough evaluation of several e-learning vendors, KnowledgeNet’s e-learning courseware was selected as the best provider in solving La Quinta’s business training needs. La Quinta wanted an e-learning partner that had the highest-quality content, was easily accessible, leveraged an industry expert, while including tools to show and measure results. KnowledgeNet was the easiest to use and the most economical solution that met these requirements. KnowledgeNet also enabled La Quinta to implement their own video content, and their multimedia-rich format encouraged student participation and continuously facilitated knowledge transfer throughout each course.

“Our expert-led solutions are the most engaging, cost-effective, and convenient online training solutions available on the market today,” said Tom Graunke, CEO and co-founder, KnowledgeNet. “We are proud to be able to satisfy La Quinta’s diverse and time-sensitive learning and information requirements.”

“KnowledgeNet enabled La Quinta to get a truly tailored learning program based on our exact needs,” said Wayne Goldberg, senior vice president of operations at La Quinta. “The courses are flashy, upbeat, incorporate video of our executives, and they are designed with La Quinta’s unique look and feel. KnowledgeNet’s training will help La Quinta employees stay well attuned to the needs of our business and leisure traveler.”