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Value Place Franchise Information

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Value Place Franchise Details

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Founded:2001

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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Value Place Announces Sustained Growth And Expansion Into New Markets
Value Place announces it recently opened its 90th location and plans to open its 100th property this summer.
May 28, 2008 | Read Full Story | Permalink
Value Place Hotel Hires Senior Vice President Of Safety And Security Innovations
Value Place Franchise Services LLC announces that Bob Creech has been named Senior Vice President of Safety and Security Innovations.
April 22, 2008 | Read Full Story | Permalink
Value Place Earns Exclusive Franchisee Satisfaction Award
Value Place, the nation's fastest-growing extended stay hotel chain, is pleased to announce that it recently received the Franchise Business Review's 2008 FBR 50 - Franchisee Satisfaction Award.
March 26, 2008 | Read Full Story | Permalink

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6475 Camden Ave., Suite 103 // San Jose, CA 95120 // ph. 408.997.7795 //
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