Hospitality Industry News
Value Place Acquires 22 Properties for $115 Million, Accelerates Franchise Development
Acquired properties formerly owned by partnership backed by Angelo, Gordon & Co. Value Place, the nation?s largest?economy?extended-stay lodging owner, operator, manager and franchisor, has announced today that it has acquired 22 operating properties owned by its largest franchisee, a partnership comprised of Angelo, Gordon & Co.