October 21, 2014 // Franchising.com // Kansas City, MO - Value Place, the nation's largest economy extended-stay hotel brand, has announced the grand opening of a newly constructed hotel in Kansas City, Missouri, located at 8805 Leeds Road, near the intersection of I-70 and Stadium Drive. This is the brand's sixth hotel in Missouri, joining Value Place hotels in Springfield, St. Louis, and other highly-trafficked Kansas City locations. This hotel opened to the public on October 17, 2014. A ribbon-cutting event is planned for October 28, 2014 from 11:30 a.m. to 1:30 p.m. and will offer catered lunch and door prizes to attendees.
"Kansas City is showing tremendous promise in terms of economic recovery and job growth," said Kyle Rogg, President and Chief Operating Officer at Value Place. "There are a number of major headquarters established there, as well as local branches of Fortune 1,000 companies, both of which continue to drive demand for affordable and extended-stay lodging. Value Place's economy extended-stay offering is the solution for this previously underserved hotel segment."
The newest four-story, 124-room hotel will feature such guest amenities as laundry facilities, high-speed wireless internet, modified kitchens, and the cleanliness, safety, and security that a Value Place provides to every guest. Value Place hotels in the region have proven to be a popular hotel option for locals who are relocating, professionals commuting far distances to and from work, or travelers who are coming to the region on extended business.
The Value Place brand is focused on strategic expansion across the U.S. through corporate- and franchise-owned development. Over the next three years, expansion plans include the acquisition of land to build corporate and franchised properties in markets including Miami, Philadelphia, Fort Lauderdale, Boston, Atlanta, Chicago, Minneapolis, Los Angeles, Seattle, and Portland.
With nearly 190 hotels open in 32 states, Value Place has emerged as a leader in the extended-stay segment. The brand continues to garner national recognition, and was recently named by Forbes magazine as the top hotel franchise in the U.S., one of 2014's Top 500 Franchises by Entrepreneur Magazine, as well as one of Franchise Business Review'sTop 50 Franchises for four consecutive years. For more information about franchise opportunities visit www.ValuePlace.com/Franchise or call 866-645-3726.
Value Place is the nation's largest economy extended-stay hotel brand with nearly 190 hotels located in 32 states. The company owns 80 of the properties and provides management services for both company- and franchise-owned locations. Featuring remarkably affordable weekly rates, rigorous cleanliness standards and secure short-term lodging, the brand delivers an unparalleled commitment to the comfort, privacy, and peace of mind of each guest. For more information, contact Value Place at (316) 631-1370 or visit ValuePlace.com.
Vice President Franchise Development Marketing
Associate Vice President