A first: 124-room Value Place to San Angelo

SAN ANGELO – A four-story, 124-room Value Place hotel will become the franchise’s 38th hotel in Texas. “San Angelo has a diverse business environment that has been experiencing promising economic growth in recent years, especially in the oil and gas sector,” said Ron Burgett of Franchise Development at Value Place.

“The city also maintains a strong regional presence across many industries, including medical, agricultural and military, that align with our core customer base,” said Burgett.

With nearly 190 hotels open in 32 states, Value Place has emerged as a leader in the extended-stay segment. The company continues to garner national recognition, and was recently named one of 2013’s Top 500 Franchises by Entrepreneur Magazine.

Read more at Business Wire.