WICHITA, Kan., Aug. 30, 2006 (PRIMEZONE) -- A Value Place extended stay hotel is now open in Pharr, Texas -- the first for the area and the fourth for the state. The 121-unit extended stay property is located three miles west of the McAllen--Miller International Airport at 207 W. Expressway 83, at the Sugar Road exit. Weekly rates are $179.
Value Place (http://www.valueplace.com) is the national low-cost provider of cleaner, simpler and safer extended stay lodging. Lodging industry visionary Jack DeBoer founded the company in 2003.
"We're excited about our continued expansion in Texas -- and becoming a part of the Pharr and Upper Rio Grand Valley community," says David Redfern, Value Place president. "We want to help and serve the community in our three extended stay locations -- Brownsville, Pharr and our third location under construction in Harlingen."
Reservations at the new Value Place extended stay property can be made online or by calling 956-283-0854.
Value Place residents include tourists, business owners, contractors and others who need temporary lodging for job assignments or medical treatment, or local individuals who need short-term housing.Value Place provides:
-- Safety features that include electronic locks; interior, locked corridors; and security cameras
-- Choice of studio, studio sleeper or studio double
-- Full-size bed and kitchen with full-size refrigerator, stovetop and microwave
Amenities include cable or satellite TV, and biweekly housekeeping. Residents can purchase extras, such as additional housekeeping, dishes, cookware and high-speed Internet.
The company
Three other Value Place extended stayed properties are currently open in Lubbock, Killeen and Brownsville, Texas. Two additional Texas properties are under construction in Harlingen and Fort Worth. In all, 23 Value Place extended stay hotels are open in 11 states, with 18 more under construction. Construction-starts for about 40 more are planned within 90 days.
Company founder Jack DeBoer also founded Residence Inn, Summerfield Suites and Candlewood Suites. He is considered the inventor of the extended stay hotel concept. In the 1970s, he was the nation's second largest apartment developer. Value Place headquarters are in Wichita, Kan. The company recently announced the signing of more than 500 franchise commitments in less than two years.