Atlanta Group Buys Hotel in NW Houston
HOUSTON –Noble Investment Group of Atlanta has acquired the SpringHill Suites Houston Northwest, a new hotel near the site of the former Compaq Campus. Located...
Category : Hospitality
Houston Firm Buying 149 Hotels from Goldman Sachs Unit for $1.7 Billion
HOUSTON – Moody National REIT I, a Houston-based hotel group, has agreed to buy 149 hotels from a real estate arm of Goldman Sachs for...
Extended-Stay Play: Starwood Buys 50 InTown Suite Hotels
GREENWICH, Conn. — Starwood Capital Group has acquired a portfolio of 50 economy extended-stay hotels from Mount Kellett Capital Management LP and its partners, further building...
Tilman Fertitta Announces 35-Story Hotel/Office Tower Near Houston’s Galleria
HOUSTON – Tilman Fertitta, chairman of the Landry’s restaurant and entertainment organization, has announced plans for a 35-story mixed-use tower on Loop 610 about a...
New Kind of Starbucks to be Unveiled in Hilton Americas – Serving Beer/Wine
HOUSTON – The 1,200-room Hilton Americas-Houston is opening a gigantic Starbucks that will one of the first Starbucks to offer the new “Starbucks Evening” service...
Hines, Novak Break Ground on Sheraton Hotel Near Austin
GEORGETOWN, Texas – Hines, the Houston-based real estate firm, along with joint venture partner Novak Brothers, recently held a groundbreaking ceremony celebrating the start of...
50 Proposed Multifamily Projects Killed or Postponed in Houston in Wake of Oil Crash
HOUSTON – Developers have shelved plans to build some 50 multifamily projects in Houston, where a sharp drop in oil prices has dampened the local...
DoubleTree Hotel Opens on Galveston Island
GALVESTON — DoubleTree by Hilton has opened the DoubleTree by Hilton Galveston Beach, a contemporary five-story, 97-room hotel on Seawall Boulevard, facing the Gulf of Mexico. Formerly the Galveston...
N.Y. Group Buys Aloft Hotel in Houston’s Galleria Area
HOUSTON – Westpark I, a Melville, N.Y.-based group, has purchased the Aloft Hotel near the Galleria in Houston. The seller was HEI Hotels and Resorts...
Ashford to Buy Lakeway Resort on Lake Travis in Austin for $33.5 M
AUSTIN – Ashford Hospitality Trust has agreed to acquire the 168-room Lakeway Resort & Spa in Austin for a total consideration of $33.5 million or $199,000 per key....