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Value Place Begins Construction in Lake Charles, La.

Value Place Begins Construction in Lake Charles, La.

WICHITA, Kan.—WICHITA, Kan.—Value Place announced today that construction has begun on a new property in Lake Charles, La. Scheduled to be completed in October 2013, the four-story, 124-room building will be built to the company’s recently announced “Value Place 2.0” ...

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Value Place Debuts New Design Generation

Value Place Debuts New Design Generation

WICHITA, Kan.—Value Place unveiled a refreshed property standard that delivers cost efficiency and convenience for operators and new room features for guests. The new “Value Place 2.0” offers enhancements that range from more energy-efficient lighting and appliances to improved locking ...

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Value Place Secures $100 Million Private Equity Investment

Value Place Secures $100 Million Private Equity Investment

WICHITA, Kan.—Value Place announced today that it has secured a $100 million capital investment from Lindsay Goldberg LLC, a private equity firm with $10 billion of total capital under management. The transaction, along with planned successive investments, equips Value Place ...

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A Booming Business

While new development is tentatively rising overall in the hotel industry, it is booming in certain U.S. states. This demand is being fueled by the growing energy opportunities in places such as Nebraska, North Dakota, Oklahoma, Wyoming, and West Virginia ...

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