WICHITA, KS—As reported yesterday in GlobeSt.com, Value Place, the largest affordable extended-stay hotel chain in the US, just hired Bruce Haase as its new chief executive officer. And the former executive for Choice Hotels International tells GlobeSt.com that it’s a great time to take the helm of a company like Value Place.

“What we’re seeing in the economy is an improving revenue per available room that’s now well above the pre-recession rate,” he says. Furthermore, “we’re also seeing almost no new supply in the industry.”

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