September 17, 2014 9:56 PM ET

Hotels, Restaurants and Leisure

Company Overview of Value Place LLC

Company Overview

Value Place LLC provides extended stay hotels and apartments that offer temporary lodging services. The company also franchises its brand name to hotel developers and entrepreneurs. The company was founded in 2002 and is based in Wichita, Kansas. It has locations in the United States.

8621 East 21st Street North

Suite 250

Wichita, KS 67206

United States

Founded in 2002

Phone:

316-631-1370

Fax:

316-631-1333

Key Executives for Value Place LLC

Chief Executive Officer
Age: 53
Founder and Chairman
Age: 83
Chief Financial Officer
Chief Operating Officer
President of Value Place Franchise Services LLC
Compensation as of Fiscal Year 2014.

Value Place LLC Key Developments

Value Place Names Mike Varner as Senior Vice President of Brand Strategy and Marketing

Value Place reported that it has named Mike Varner as Senior Vice President of Brand Strategy and Marketing. The company said that Varner will strengthen the consumer appeal and developer performance of the brand. He joins Value Place from Choice Hotels International, where he was most recently responsible for brand strategy and management for the Comfort Inn and Comfort Suites brands.

Value Place Appoints Mike Varner as Senior Vice President of Brand Strategy and Marketing

Value Place named Mike Varner as Senior Vice President of Brand Strategy and Marketing. Varner will strengthen the consumer appeal and developer performance of the brand, further establishing Value Place as the nation's preeminent economy extended-stay hotel chain. He joins Value Place from Choice Hotels International, where he was most recently responsible for brand strategy and management for the Comfort Inn and Comfort Suites brands.

Value Place Breaks Ground on New Hotel in Davie, Florida

Value Place has broken ground to develop a hotel at 5700 Reese Road in Davie, Florida. This will be the first Value Place hotel in the greater Fort Lauderdale region and the 21(st) hotel in Florida. The projected opening date for the hotel is spring 2015 and will be located at the intersection of Interstate 495 and the Florida Turnpike. Once completed, the new four-story, 124-room hotel will feature such guest amenities as laundry facilities, modified kitchens, high-speed internet, and the cleanliness, safety, and affordability that the Value Place brand provides to every guest.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 24, 2013
22 Properties
 

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