WoodSpring Hotels
WoodSpring Hotels is the parent company of WoodSpring Suites. The company was created in a transition from Value Place in April 2015 and opened the first WoodSpring Suites[1] in July 2015[2]
The hotel chain was founded in 2003 by Jack DeBoer,[3] and once operated as Value Place. In April 2015 the brand changed name to WoodSpring Hotels[4] and began developing WoodSpring Suites and WoodSpring Suites Signature hotels exclusively.
According to franchise leaders, the chain has 25 hotels under development, and is growing, similarly to other major competitors in the extended stay hotel hospitality segment including Extended Stay America, InTown Suites, Studio6, Mainstay (Choice Hotels International), Suburban (Choice Hotels International), Candlewood Suites (IHG), Home2Suites (Hilton), TownePlace (Marriott), Staybridge (IHG), Residence Inn and Homewood Suites.