SAN ANGELO, TX—Extended-stay chain Value Place, has partnered with Pure Strike Development, LP to develop a hotel in the prospering market of San Angelo, in Central Texas. This will be the first Value Place in San Angelo and the 38th in Texas.

“San Angelo has a diverse business environment that has been experiencing promising economic growth in recent years, especially in the oil and gas sector,” said Ron Burgett, EVP of Franchise Development at Value Place. “The city also maintains a strong regional presence across many industries, including medical, agricultural and military, that align with our core customer base. We look forward to working with Pure Strike Development to bring them a quality, affordable extended-stay hotel option for their business travel and relocation needs.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.