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Category Archives: Hospitality

Hilton Introduces New Tru Brand Hotels

McLEAN, Va – Hilton Worldwide has announced its new Tru by Hilton, a mid-priced hotel product targeted for Millennials and other travelers. “Demonstrating owners’ desire for a forward-thinking and innovative midscale brand with a strong value proposition, Hilton Worldwide already has 102 hotels signed and an additional 30 hotels in various stages of approval in cities including Dallas, Houston, Chicago, ... Read More »

Magic Johnson Fund Sells Stake in Austin City Limits Theater and W Hotel

AUSTIN – A Magic Johnson investment fund has sold its stake in the W Austin Hotel and the Austin City Limits theater for $187.2 million. Austin-based Stratus Properties Inc. bought Canyon-Johnson Urban Fund II interest in the downtown Austin property. Stratus Properties announced Monday that it had completed a refinancing of the W Austin Hotel & Residences and Austin City ... Read More »

Realty News Report Awards: Best Hotel Project of the Year

Ralph Bivins’ Realty News Report Awards – The Best of Houston 2015 Realty News Report editor Ralph Bivins has selected the most significant projects, deals and ideas of the Houston real estate market for 2015. These aren’t necessarily the largest or the first. But the deals point to future trends, potential gold mines, noble visions and notable accomplishments by the ... Read More »

Historic Building in Downtown Houston Becoming Le Meridien Hotel

HOUSTON – The 21-story Melrose Building in downtown Houston will be redeveloped into the 255-room Le Meridien Houston hotel. Built in 1952, the Melrose building, 1121 Walker Street, between Fannin and San Jacinto streets has been vacant for 20 years. A number of hotels are under construction in downtown, including the Aloft hotel redevelopment of the Stowers Building, across the ... Read More »

Giorgio Borlenghi Opens His Second Granduca Hotel, More May Come

AUSTIN – Houston developer Giorgio Borlenghi has opened his second Granduca hotel, in what could become a small chain of high-end hotels. The new Hotel Granduca Austin is a 194-room property on a hillside near the corner of Bee Caves Road and Loop 360. In an interview last year, Borlenghi said his goal is to expand the Granduca brand with ... Read More »

Fertitta Pours Foundation for 36-Story Mixed-Use Tower in Houston

HOUSTON – Tilman Fertitta has poured the foundation for his 36-story mixed-use tower on Loop 610 in the Uptown area of Houston. The 680,000-square-foot project, called The Post Oak, will have 250 hotel rooms, 140,000 SF of office space, 22 apartment units, a Mastro’s Steakhouse, a Willie G’s Seafood, upscale retail and 1,000 parking spaces. The 10-acre project, located on ... Read More »

Houston Area’s First ‘Even’ Wellness Hotel to be Developed

HOUSTON – A 5-story, 135-room “EVEN” branded hotel, which emphasizes wellness, will be built in the Shenandoah community north of Houston, according to Colliers International. Colliers International announced the sale of the 6.4-acre site, a vacant land parcel on Shenandoah Park Drive at David Memorial Drive in Montgomery County. Tom Condon, Jr., and Charles Herder of Colliers International represented the seller.  Kevin Staloch ... Read More »

A Year Before Opening, Houston’s New Convention Hotel Books an Amazing 200,000 Room-Nights

HOUSTON – Boosted by the 2017 Super Bowl, the new 1000-room Marriott Marquis Houston, which will open next year, has booked almost 200,000 room-nights, a phenomenal amount of advance business, a hotel executive says. The downtown hotel, which will be linked by skybridge to the convention center, has booked a sizable number of rooms for the Super Bowl. But the ... Read More »

Hotel ZaZa Under Construction at MetroNational’s Memorial City in Houston

HOUSTON – MetroNational, a Houston-based real estate company, has partnered with Z Resorts to build Hotel ZaZa to Memorial City at the intersection of Interstate 10 and Bunker Hill Road in west Houston. Slated to open in the summer of 2017, the 17-story project will have 159 hotel rooms and 130 apartment units. Kirksey Architecture will oversee the design and ... Read More »

Hotel News Briefs

ALOFT HOTEL TO OPEN IN HISTORIC HOUSE AT IMPERIAL MARKET SUGAR LAND, Texas — A 120-room Aloft hotel will be part of the new Imperial Market, a redevelopment of historic structures in the former Imperial Sugar Refinery near Houston, the Houston Chronicle reports. The historic, eight-story Imperial Sugar Char House was built in 1925. Imperial Market will be an upscale ... Read More »

Historic Stowers Furniture Building in Downtown Houston Being Redeveloped into Aloft Hotel

HOUSTON – The historic Stowers Furniture building in downtown Houston is being redeveloped into a 173-room Aloft hotel. Built in 1913, the 10-story Stowers building is located at 820 Fannin at Walker Street adjacent to the BG Group Place tower. Construction is underway and the Aloft hotel, part of the Starwood Hotels chain, will open next summer, said Houston developer ... Read More »

Starwood Opening Nine Aloft Branded Hotels in Texas

STAMFORD, Conn.– Starwood Hotels announced plans to open nine  Aloft brand hotels in Texas over the next three years. Starwood will add three more hotels in the Houston area, two in Austin, three in Dallas-Fort Worth, and open its first in College Station. In downtown Houston, a 165-room Aloft will open in the redeveloped  Stowers Furniture building, a historic building ... Read More »

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