Info

Candlewood Hotel Co. (Nasdaq:CNDL) owns, operates and franchises Candlewood Suites, which targets mid-market business travelers and others on short- or long-term stays. Chairman and CEO Jack DeBoer, who founded Residence Inn and co-founded Summerfield Suites in the 1970s and 1980s, founded Candlewood in 1995 and Cambridge Suites in 1998. He is recognized in the hotel industry as the creator of the extended stay concept. There are 90 Candlewood Suites open coast-to-coast, with more under construction.