CHATTANOOGA, Tenn.——Value Place has partnered with local franchisors Amish and Dipal Patel to develop a hotel in Chattanooga, Tenn. This will be the brand’s eighth hotel in Tennessee.
“This new hotel will help to meet the fast-growing demands of the area,” said Ron Burgett, executive vice president of franchise development at Value Place. “This site sits strategically at the entrance to Volkswagen, the largest employer in the Chattanooga region, and will provide the first quality, affordable extended-stay option for business travelers, employees relocating to the area, and visitors to the region.”
The projected opening date for the new four-story, 124-room hotel is the first quarter of 2015.
Value Place is focused on strategic expansion across the United States through both corporate- and franchise-owned development. Over the next three years, expansion plans include the acquisition of land to build corporate and franchised properties in metropolitan markets, including Miami, Fort Lauderdale, Boston, Chicago, Minneapolis, Los Angeles, Seattle, Portland, and Atlanta.