What is Value Place?
Value Place operates as the nation's largest economy extended-stay hotel brand, boasting a network of nearly 190 properties across 32 states. The company manages both company-owned and franchised locations, with ownership of 75 of these properties. Known for its remarkably affordable weekly rates, stringent cleanliness standards, and secure lodging options, Value Place is committed to providing guests with comfort, privacy, and peace of mind.
How much funding has Value Place raised?
Value Place has raised a total of $34M across 1 funding round:
Debt
$34M
Debt (2014): $34M with participation from U.S. Bank
Key Investors in Value Place
U.S. Bank
U.S. Bank, a multinational financial institution, provides a wide array of banking, lending, and investment services. Its involvement suggests a strong financial backing and confidence in Value Place's business model and market stability.
What's next for Value Place?
The recent major strategic investment suggests Value Place is poised for further expansion and operational enhancement. This capital infusion is likely to fuel initiatives aimed at strengthening its market position, potentially through property acquisitions, franchise development, or technological upgrades to improve guest experience and operational efficiency. The company's focus on affordability and core guest needs positions it well for continued success in the competitive extended-stay market.
See full Value Place company page