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.
Company History
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.
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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.
