WoodSpring Hotels

WoodSpring Suites is an extended stay hotel brand owned by Choice Hotels. It was founded in July 2015.^[2] As of June 30, 2020, there are 281 hotels with 33,797 rooms in the chain.^[1]

WoodSpring Suites

Type	Extended Stay Hotel
Industry	Hotel
Founded	2003; 20 years ago (2003)
Founder	Jack DeBoer
Number of locations	281 (June 30, 2020)^[1]
Area served	United States
Parent	Choice Hotels
Website	www.woodspring.com

WoodSpring Suites in Davenport, Iowa

The hotel chain was founded as Value Place in 2003 by Jack DeBoer.^[3]

In April 2015, the brand changed its name from Value Place to WoodSpring Suites.^[4]

In December 2017, Woodsprings Suites was sold to Choice Hotels for approximately $230 million. ^[5][6]

References

1. "CHOICE HOTELS INTERNATIONAL, INC. Form 10-Q FOR THE QUARTERLY PERIOD ENDED June 30, 2020". U.S. Securities and Exchange Commission.
2. "WoodSpring Suites Celebrates the Grand Opening of Their First Namesake Hotel in Oklahoma City" (Press release). Business Wire. 18 August 2015.
3. "Jack DeBoer". Kansas.com. September 2, 2015.
4. "Value Place Changing Name to WoodSpring Suites and Developing New Brand, WoodSpring Suites Signature". Hospitalitynet.org. 27 April 2015.
5. "Choice Hotels to Acquire WoodSpring Suites Brand and Franchise Business". Choice Hotels International - Media Center.
6. "Choice Hotels Completes Acquisition Of WoodSpring Suites Brand And Franchise Business". markets.businessinsider.com. September 15, 2023.