WaterWalk Fills Void in Marketplace

WICHITA, KS—Extended-stay hotels have become more popular with travelers throughout the country in the past few years, but as reported in GlobeSt.com, officials connected to Value Place, the largest brand in the industry, say the market has another niche that, until now, no one has filled.

“There’s a void in the marketplace for someone who needs to stay in another city for two to three months,” David Redfern, the former president of Wichita-based Value Place, tells GlobeSt.com. Much of the demand comes from the increasingly common practice among US companies to send specialists to work on out-of-town assignments for several months, especially for things like IT projects, and many feel that is too long to live in an extended-stay hotel, but not long enough to justify all the troubles associated with securing an apartment lease.