Value Place Ends Year with Record Franchise Development Growth

February 04, 2015 // // WICHITA, Kan. - Value Place®, the nation’s fastest-growing extended stay hotel brand, reported record franchise development growth in 2014, reflecting unprecedented demand for the brand from both current clients and new development partners.

"Consistent with our strategy to develop a widely distributed national brand, much of our growth was focused on developing the brand in major metropolitan markets not currently served by the Value Place brand," noted Bruce Haase, CEO of Value Place. "Entry into key new markets such as Seattle, Chicago, Minneapolis and Miami will introduce the Value Place brand to millions of new consumers."

"The key to our success in 2014 was rooted in educating new development partners about the power of the Value Place business model," said Ron Burgett, executive vice president of franchise development. "Our low-cost development and operating model and the expanding power of our low-cost direct distribution channels combine to produce some of the best operating margins in the industry for our partners."

"While we are very proud of our growth this year, we are even more optimistic for the future," noted Kyle Rogg, president and COO of Value Place. "In addition to our development success last year, we have identified numerous new markets across the nation where we will focus our efforts to expand the brand’s footprint in 2015, with both corporate and franchise development."

The industry is taking note as well, and 2014 brought impressive third-party accolades, including recognition by Forbes Magazine as its "Top Hospitality Franchisor." Value Place was also named one of 2014’s "Top 500 Franchises" by Entrepreneur Magazine and Franchise Business Review’s "Top 50 Franchises" for the last four consecutive years.

About Value Place

Value Place is the fastest-growing extended stay hotel brand in the industry with over 190 hotels located in 32 states. The company owns 82 of the properties and provides management services for both company- and select franchise-owned locations. Featuring remarkably affordable weekly rates and all-new-construction properties, the brand delivers an unparalleled guest experience. For more information, contact Value Place at 316-631-1370 or visit

SOURCE Value Place

Media Contact:

Sean C. Amore
Corporate Communications



comments powered by Disqus

Franchise News Room »

News By Industry »

Featured Opportunities

e² Young Engineers
e² Young Engineers is an innovative new approach to teach STEM principles using our uniquely designed LEGO and K'nex kits.
Discovery Point Child Development Centers®
• 30 years of brand strength in educational childcare • Only childcare franchise with a flat fee system (vs. fees based on % of your total...
Oxi Fresh
OXI FRESH is a GREEN Carpet Cleaning Franchise and one of Entrepreneur's "101 Best Franchises to Run From Home." Excellent recurring...
Founded in 2015, StretchLab was established in Los Angeles, California to fulfill the vision of creating an affordable assisted stretching concept...
Anytime Fitness
Align with the world leader in fitness. Recurring-revenue business model, multi-club ownership potential. Don’t just join a franchise, join a...
Share This Page

Subscribe to Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.