WoodSpring Suites
TypeExtended Stay Hotel
IndustryHotel
Founded2003; 20 years ago (2003)
FounderJack DeBoer
Number of locations
281 (June 30, 2020)[1]
Area served
United States
ParentChoice Hotels
Websitewww.woodspring.com
WoodSpring Suites in Davenport, Iowa

WoodSpring Suites is an extended stay hotel brand owned by Choice Hotels. It was founded in July 2015.[2] As of June 30, 2020, there are 281 hotels with 33,797 rooms in the chain.[1]

The hotel chain was founded as Value Place in 2003 by Jack DeBoer.[3]

In April 2015, the brand changed its name from Value Place to WoodSpring Suites.[4]

In December 2017, Woodsprings Suites was sold to Choice Hotels for approximately $230 million. [5][6]

References

  1. ^ a b "CHOICE HOTELS INTERNATIONAL, INC. Form 10-Q FOR THE QUARTERLY PERIOD ENDED June 30, 2020". U.S. Securities and Exchange Commission.
  2. ^ "WoodSpring Suites Celebrates the Grand Opening of Their First Namesake Hotel in Oklahoma City" (Press release). Business Wire. 18 August 2015.
  3. ^ "Jack DeBoer". Kansas.com. September 2, 2015.
  4. ^ "Value Place Changing Name to WoodSpring Suites and Developing New Brand, WoodSpring Suites Signature". Hospitalitynet.org. 27 April 2015.
  5. ^ "Choice Hotels to Acquire WoodSpring Suites Brand and Franchise Business". Choice Hotels International - Media Center.
  6. ^ "Choice Hotels Completes Acquisition Of WoodSpring Suites Brand And Franchise Business". markets.businessinsider.com. September 15, 2023.
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