Value Place Franchise Opportunity Meets with Franchise Interviews

Value Place Founded in 2002, Value Place is an economy extended stay lodging and short-term residential property brand that features remarkably affordable weekly rates, rigorous cleanliness standards and secure temporary lodging with an unparalleled commitment to the comfort, privacy and peace of mind of each guest. 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). Value Place is one of the fastest-growing lodging brands in the nation and the DeBoer/Value Place team has more than 585 combined years of professional real estate and development experience. The company currently has nearly 160 locations open in 26 states; the company expects to end 2009 with 167 locations. Since opening the first Value Place property in 2003, 47 franchise groups have committed to build over 500 properties over the next five years. We will be meeting with Gina-Lynne Smith, President of Franchise Services.