Tag: Extended Stay Hotels
Value Place Launches New Name, New Brand
WICHITA, Kansas—Value extended-stay hotel brand Value Place has changed its name to WoodSpring Suites, effective immediately. It also is developing a brand extension with...
The Top and Bottom Lines
Developers are attracted to extended-stay (ES) hotels because of the relative simplicity of their operations and their high profit margins. Low levels of staffing...
Homewood Suites Opens New Hotel in Iowa
McLean, Va.—Homewood Suites by Hilton announced the opening of its newest property in Coralville – Iowa River Landing, Iowa. Creating 20 permanent jobs, the...
Value Place Secures $100 Million Private Equity Investment
WICHITA, Kan.—Value Place announced today that it has secured a $100 million capital investment from Lindsay Goldberg LLC, a private equity firm with $10...