April 16, 2015 // Franchising.com // DAVIE, FL – Value Place, the nation’s largest and fastest growing economy extended-stay hotel brand, announced the grand opening of a newly constructed hotel, located at 5700 Reese Road Davie, FL 33314, on Thursday, April 16, 2015. This is the brand’s 21st hotel in Florida and the second in Southern Florida.
“We’re excited to offer business and vacation travelers a location minutes from Fort Lauderdale and the ocean while also being convenient to the Fort Lauderdale-Hollywood International Airport, Miami, and all the businesses, attractions, opportunities, and beauty of Southern Florida” said Kyle Rogg, President and Chief Operating Officer at Value Place, who will own and run the hotel. “Interest in and usage of extended-stay hotels is at an all-time high. Our hotel, with its mixture of price and guest experience, takes advantage of this demand.”
The new, four-story, 124 room hotel, on Reese Road, is just south of 595/The Sunpass Toll Road and immediately west of the Florida Turnpike and easily accessible from Interstate 95.
The hotel, like all Value Place locations, provides guests three room types, all with interior corridor entries, and kitchens featuring a microwave, cooktop, and full-sized refrigerator. Davie will be the first company-owned property to include basic, high-speed WiFi Internet for every guest. Guest laundry and vending are available 24/7.
Extended-stay hotels are ideal for people relocating to the market and are also appealing for traveling medical professionals, construction workers, government employees, and other professionals with careers that require them to travel for extended periods of time.
Value Place, which had a record growth year in 2014, is focused on strategic expansion across the U.S. through corporate- and franchise-owned development. The hotel’s expansion plans, through 2017, include the addition of corporate and franchised properties in large markets including Los Angeles, Chicago, Philadelphia, Boston, Seattle, Miami, Portland, and the Twin Cities while also growing in middle and small markets where there is a need for extended-stay lodging.
With nearly 200 hotels open in 31 states, and a dozen more in planning or construction, Value Place has emerged as a leader in the extended-stay segment. The brand is enjoying national recognition including being named by Forbes magazine as the top hotel franchise in the U.S. in their most-recent rankings, one of 2014′s Top 500 Franchises by Entrepreneur Magazine, and one of Franchise Business Review’s Top 50 Franchises for four consecutive years. For information about franchising, visit www.ValuePlace.com/Franchise or call 866-645-3726.
Value Place is the fastest growing extended-stay hotel brand in the industry with nearly 200 hotels located in 31 states. The company owns 84 of the properties and provides management services for both company- and franchise-owned locations. Featuring remarkably affordable weekly rates and extremely well-maintained all new construction properties, the brand delivers an unparalleled guest experience. For more information visit ValuePlace.com.
SOURCE Value Place