SAN ANGELO, Texas--(BUSINESS WIRE)--Value Place, the nation’s fastest-growing extended-stay hotel brand, has partnered with Pure Strike Development LP and CAMTOD Group to build the first Value Place hotel in San Angelo, TX. The property, which will be located at 4013 W Houston-Harte Expressway, broke ground on February 2nd. The San Angelo property will be the 39th Value Place hotel in Texas.
“The San Angelo market was chosen due to its diverse employment base and role as a regional healthcare hub,” said Blake Schauer, Principal with Pure Strike Development LP. “We believe a Value Place hotel will be a great addition to the community due to the limited number of extended stay hotel options in the area.”
The projected opening date for the hotel is August 2015 and will be located off of the West Houston-Harte Expressway and Arden Road. 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.
“Value Place is excited to add yet another great property in West Texas,” said Ron Burgett, Executive Vice President Franchise Development at Value Place. “The property will serve an economically growing market and provide a great extended stay opportunity for guests.”
With nearly 200 hotels open in 31 states, Value Place has emerged as a leader in the extended-stay segment. The brand continues to garner national recognition, and was named by Forbes magazine as the 2014 top hotel franchise in the U.S., one of 2014’s Top 500 Franchises by Entrepreneur Magazine, as well as one of Franchise Business Review’s Top 50 Franchises for five consecutive years. For more information about franchise opportunities visit www.ValuePlace.com/Franchise or call 866-645-3726.
About Value Place
Value Place is the nation’s fastest-growing extended-stay hotel brand with nearly 200 hotels located in 31 states. The company owns 82 of the properties and provides management services for both company- and franchise-owned locations. Featuring remarkably affordable weekly rates, rigorous cleanliness standards and secure short-term lodging, the brand delivers an unparalleled commitment to the comfort, privacy, and peace of mind of each guest. For more information, contact Value Place at (316) 631-1370 or visit ValuePlace.com.