WoodSpring Suites
{{Short description|American extended stay hotel chain}}
{{Infobox company
| name = WoodSpring Suites
| logo = 150px
| type = Extended Stay Hotel
| parent = Choice Hotels
| foundation = {{start date and age|2003}}
| founder = Jack DeBoer
| former_name = Value Place
| industry = Hotel
| homepage = {{URL|https://www.woodspring.com/}}
| area_served = United States
| locations = 281 (June 30, 2020){{Cite web |title=CHOICE HOTELS INTERNATIONAL, INC. Form 10-Q FOR THE QUARTERLY PERIOD ENDED June 30, 2020 |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1046311/000104631120000032/chh-10q06302020.htm | publisher=U.S. Securities and Exchange Commission}}
}}
WoodSpring Suites, originally named Value Place, is an extended stay hotel brand owned by Choice Hotels.
Overview
File:Woodspring Suites - Davenport, Iowa.jpg]]
The hotel chain was founded as Value Place in 2003 by Jack DeBoer.{{cite web |url=https://www.kansas.com/news/business/article33653490.html |title=Jack DeBoer | website=Kansas.com | date=September 2, 2015}} In April 2015, the brand changed its name from Value Place to WoodSpring Suites.{{cite news |url=https://www.hospitalitynet.org/news/4070004.html |title=Value Place Changing Name to WoodSpring Suites and Developing New Brand, WoodSpring Suites Signature |website=Hospitalitynet.org | date=27 April 2015}}{{cite press release |url=https://www.businesswire.com/news/home/20150818006431/en/WoodSpring-Suites-Celebrates-Grand-Opening-Namesake-Hotel |title=WoodSpring Suites Celebrates the Grand Opening of Their First Namesake Hotel in Oklahoma City | publisher=Business Wire |date=18 August 2015}}
In December 2017, Woodsprings Suites was sold to Choice Hotels for approximately $230 million. {{Cite web|url=https://media.choicehotels.com/2017-12-18-Choice-Hotels-to-Acquire-WoodSpring-Suites-Brand-and-Franchise-Business|title=Choice Hotels to Acquire WoodSpring Suites Brand and Franchise Business|website=Choice Hotels International - Media Center}}{{Cite web|url=https://markets.businessinsider.com/news/stocks/choice-hotels-completes-acquisition-of-woodspring-suites-brand-and-franchise-business-1014837312|title=Choice Hotels Completes Acquisition Of WoodSpring Suites Brand And Franchise Business|date=September 15, 2023|website=markets.businessinsider.com}} As of June 30, 2020, there are 281 hotels with 33,797 rooms in the chain.
References
{{Reflist}}
External links
- {{official website}}
{{Hotel chains}}
Category:Hotel chains in the United States