Major Value Place Franchisee Struggles To Obtain Credit
Wichita Business Journal: The largest independent franchisee for Value Place LLC says it has pulled back on construction of the extended-stay hotels as credit has dried up. “Everybody’s really stopped in terms of development cycles,†says Bill Johnston, chief operating officer for Maitland, Fla.-based Liberty Lodging LLC. The company has plans to build 100 Value […]
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