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Formerly | Value Place |
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Company type | Extended Stay Hotel |
Industry | Hotel |
Founded | 2003 |
Founder | Jack DeBoer |
Number of locations | 256 (as of December 31, 2024) [1] |
Area served | United States |
Parent | Choice Hotels |
Website | www |
WoodSpring Suites, originally named Value Place, is an extended stay hotel brand owned by Choice Hotels.
The hotel chain was founded as Value Place in 2003 by Jack DeBoer. [2] In April 2015, the brand changed its name from Value Place to WoodSpring Suites. [3] [4]
In December 2017, Woodsprings Suites was sold to Choice Hotels for approximately $230 million. [5] [6] As of December, 2024, there are 256 hotels with 30,846 rooms across the United States. [1]