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Value Place Franchise Information

Table of Contents

Value Place Franchise Details

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Founded: 2001 Industry: Travel Franchise, Hotel Franchise, Vacation Franchise, Extended Stays Franchise

Value Place Overview

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Value Place, founded in 2003 by entrepreneur Jack DeBoer, is an extended-stay hotel that features secure temporary lodging with low weekly rates, rigorous cleanliness standards, and a commitment to the comfort, privacy and peace of mind of each guest. Value Place provides its guests with the right amount of what they need for an extended stay. The Value Place brand comes from the management team that created and developed lodging brands such as Residence Inn (now owned by Marriott) Summerfield Suites (Hyatt) and Candlewood Suites (Intercontinental). The company is headquartered in Wichita, Kansas.

Value Place History

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In 2001, entrepreneur Jack DeBoer — known in the industry as the originator of extended-stay lodging and founder of Residence Inn, Summerfield Suites and Candlewood Suites — recognized a void in the economy segment of the hotel industry. He saw plenty of mid-priced and upscale properties with fees and amenities designed for Fortune 500 business travelers and family vacationers. However, for small and midsized business owners, and those on the move in their own community, there weren't a lot of practical options.

Latest Value Place Headlines

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Triangle's First Value Place Hotel Franchise Opens In Apex
The first Value Place extended stay hotel in the Triangle has opened in Apex.
July 2, 2010 | Read Full Story | Permalink
Value Place Guest Wins $50k In Refer-A-Stay Giveaway
When Albert Stubbs woke up in his Value Place studio on April 2nd, he thought it was going to be just like any other day. That couldn't have been further from the truth: At 5 p.m., Stubbs was alerted that he won $50,000 through Value Place's $50k...
April 20, 2009 | Read Full Story | Permalink
Value Place Guest Wins $50K In Refer-A-Stay Giveaway
When Albert Stubbs woke up in his Value Place studio on April 2nd, he thought it was going to be just like any other day. That couldn't have been further from the truth: At 5 p.m., Stubbs was alerted that he won $50,000 through Value Place's $50k...
April 10, 2009 | Read Full Story | Permalink

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