Value Place Looks to Expand in Cleveland Metro Area
Friday August 23rd, 2013 - 9:23AM BG
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CLEVELAND, OH—Value Place plans to expand its brand in the metro area here, seeking to add six corporate properties over the next two years.
Construction on the first 124-unit property is planned for January.
The company currently has three hotels in Mentor, Akron-Green and Avon, OH.
Value Place plans to acquire land and build corporate-owned hotels in other metro markets over the next three years, including Atlanta, Boston, Denver and southeast Florida, according to the company.
Value Place currently has 184 locations open in 32 states.
Tags: • Hospitality • Brands • Construction/Renovation •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.