 | |
| Formerly | Value Place |
|---|---|
| Type | Extended Stay Hotel |
| Industry | Hotel |
| Founded | 2003 |
| Founder | Jack DeBoer |
Number of locations | 281 (June 30, 2020)[1] |
Area served | United States |
| Parent | Choice Hotels |
| Website | www |
WoodSpring Suites in Davenport, Iowa
WoodSpring Suites is an extended stay hotel brand owned by Choice Hotels. It was founded in July 2015.[2] As of June 30, 2020, there are 281 hotels with 33,797 rooms in the chain.[1]
The hotel chain was founded as Value Place in 2003 by Jack DeBoer.[3]
In April 2015, the brand changed its name from Value Place to WoodSpring Suites.[4]
In December 2017, Woodsprings Suites was sold to Choice Hotels for approximately $230 million. [5][6]
References
- 1 2 "CHOICE HOTELS INTERNATIONAL, INC. Form 10-Q FOR THE QUARTERLY PERIOD ENDED June 30, 2020". U.S. Securities and Exchange Commission.
- ↑ "WoodSpring Suites Celebrates the Grand Opening of Their First Namesake Hotel in Oklahoma City" (Press release). Business Wire. 18 August 2015.
- ↑ "Jack DeBoer". Kansas.com. September 2, 2015.
- ↑ "Value Place Changing Name to WoodSpring Suites and Developing New Brand, WoodSpring Suites Signature". Hospitalitynet.org. 27 April 2015.
- ↑ "Choice Hotels to Acquire WoodSpring Suites Brand and Franchise Business". Choice Hotels International - Media Center.
- ↑ "Choice Hotels Completes Acquisition Of WoodSpring Suites Brand And Franchise Business". markets.businessinsider.com. September 15, 2023.
External links
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