Newly Built Value Place Opens in Atlanta

. April 03, 2015

ATLANTA - April 3, 2015 - Value Place, the nation's largest and fastest growing economy extended-stay hotel brand, announced the grand opening of a newly constructed hotel in Atlanta, located at 2877 Dresden Drive, Atlanta, GA 30341 on Wednesday, April 1, 2015. This is the brand's ninth hotel in Georgia and the second serving the greater-Atlanta metro area.

"This new hotel is closer to Atlanta's core, near DeKalb Peachtree Airport, and convenient to The Perimeter and the Northeast Expressway, making it perfect for business and vacation travelers coming to Atlanta," said Kyle Rogg, President and Chief Operating Officer at Value Place, who will own and run the hotel. "There is a great surge in consumer interest for extended-stay hotels. We're pleased to be a unique offering in the segment and to be growing with the demand."

The new, four-story, 124 room hotel is just south of Chamblee Tucker Road and is located inside 285 to the northeast of downtown Atlanta. The location is easily accessible from Interstate 85 (exit 94).

The hotel, like all Value Place locations, provides guests three room types, all with interior corridor entries, and kitchens featuring a microwave, cooktop, and full-sized refrigerator and offers them options like high-speed WiFi Internet, guest laundry and vending 24/7.

Extended-stay hotels are an appealing option for government employees, construction workers, business travelers, and professionals with careers that require them to travel and stay for extended periods of time. They are also a great option for people relocating to or within a metro area.

Value Place is focused on strategic expansion across the U.S. through corporate- and franchise-owned development. Over the next three years, expansion plans include the acquisition of land to build corporate and franchised properties in large markets including Los Angeles, Chicago, Philadelphia, Boston, Seattle, Miami, Portland, the Twin Cities, and Fort Lauderdale.

With nearly 200 hotels open in 31 states, Value Place has emerged as a leader in the extended-stay segment. The brand continues to garner national recognition, and was recently named by Forbes magazine as the top hotel franchise in the U.S., one of 2014's Top 500 Franchises by Entrepreneur Magazine, as well as one of Franchise Business Review's Top 50 Franchises for four consecutive years. For more information about franchise opportunities visit www.ValuePlace.com/Franchise or call 866-645-3726.

About Value Place

Value Place is the fastest growing extended-stay hotel brand in the industry with nearly 200 hotels located in 31 states. The company owns 83 of the properties and provides management services for both company- and franchise-owned locations. Featuring remarkably affordable weekly rates and extremely well-maintained all new construction properties, the brand delivers an unparalleled guest experience. For more information visit ValuePlace.com.

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