Investment Overview

Marcus & Millichap is pleased to present an exclusive investment opportunity for the Home2 Suites by Hilton Houston IAH Airport Beltway 8, an upper-midscale hotel with 92 rooms. This Hilton Worldwide branded asset is strategically located just six miles from George Bush Intercontinental Airport (IAH) and offers a complimentary airport shuttle service, providing exceptional access to the airport and nearby transportation corridors. Positioned near the intersection of Beltway 8 and Hardy Toll Road, which sees over 235,000 vehicles in annual average daily traffic, the property enjoys high visibility and significant exposure within the Houston MSA. The hotel features a robust amenity package, including an outdoor pool, fitness center, business center, outdoor grills, and complimentary airport shuttle, catering to both business and leisure travelers. With its prime location, modern offerings, and connection to the Hilton Worldwide network, this property presents a compelling investment opportunity for those seeking a high-performing asset in one of the nation’s most dynamic markets. The Hotel’s strong performance offers significant advantages for potential buyers, driven by impressive metrics and a thriving market. With a RevPAR penetration index of 129 percent for the twelve months ending in February 2025, signaling robust competitive performance and attractive long-term value for potential buyers. Additionally, the Hotel experienced a notable 2.7 percent increase in room revenue between yearend 2024 and the twelve months ending in February 2025, contributing to property appreciation, higher profit margins, and improved returns on investment. Complementing this, as of March, the 12-month average RevPAR in the George Bush Airport Area Hotel Submarket increased by over 18.4 percent, indicating robust growth and a lower-risk environment, boosting investor confidence in the asset and thriving market. Houston, the fourth largest city in the United States, is a rapidly growing metropolitan hub with a population of approximately 2.4 million residents. The Houston metropolitan statistical area (MSA) has surpassed 7.2 million people, making it the fifth largest in the country. Projections indicate continued growth, with the city’s population expected to exceed 2.7 million by 2030. This sustained expansion, coupled with Houston’s economic vitality, positions the city as a top-tier investment market. Houston boasts a diverse and thriving economy anchored by energy, trade, healthcare, and petrochemicals. The city is home to 24 Fortune 500 companies, ranking fourth nationally for corporate headquarters. These companies include industry leaders such as Phillips 66, Sysco, ConocoPhillips, HP Inc., Halliburton, Occidental Petroleum, Kinder Morgan, Exxon, Waste Management, and General Electric (GE), among others. The Houston Ship Channel, the busiest waterway in the United States, contributes $500 billion annually to the regional economy. Additionally, Houston is recognized as the Energy Capital of the World and is projected to double its GDP to $1.3 trillion by 2040, demonstrating its enduring economic strength and potential. Houston is a global leader in healthcare and education, driving consistent demand for extended stays and business travel. The Texas Medical Center (TMC), The largest medical complex in the world, serves over 8.4 million patient visits annually and contributes $40 billion to the local economy. The city’s higher education institutions enroll over 150,000 students annually, fueling both intellectual and economic growth. The University of Houston, a Tier One research university, enrolls 47,000 students, while Rice University, a prestigious private institution, serves approximately 8,000 students. Texas Southern University, a leading historically Black college, enrolls 7,500 students, and the University of Houston Downtown and University of Houston–Clear Lake collectively serve an additional 24,000 students. Houston’s community colleges are also a significant draw, with Houston Community College enrolling 58,000 students and the Lone Star College System serving over 93,000. These institutions not only attract students and faculty but also generate significant demand for lodging and services in the region. Houston’s vibrant sports scene serves as a significant demand generator for tourism and hospitality. The city is home to multiple professional teams across major leagues, drawing millions of fans annually. The Houston Rockets of the NBA play at the Toyota Center, attracting basketball enthusiasts with regular-season games and playoff action. Daikan Park, with its retractable roof, is home to the Houston Astros of Major League Baseball, one of the league’s most competitive teams. The Houston Texans of the NFL play at NRG Stadium, which also hosts the annual Texas Bowl and the world-renowned Houston Livestock Show and Rodeo. Soccer fans flock to Shell Energy Stadium, home to the Houston Dynamo of Major League Soccer and the Houston Dash of the National Women’s Soccer League, as well as international soccer tournaments. Looking ahead, Houston will host matches for the FIFA World Cup in June and July 2026, solidifying its reputation as a premier sports destination. These premier venues, located near downtown, consistently bring both local and out-of-town visitors, ensuring year-round activity for hotels in the area. Houston’s extensive infrastructure network, centered around major airports and highways, plays a crucial role in its growth and accessibility. The city’s two major airports, George Bush Intercontinental Airport (IAH) and William P. Hobby Airport (HOU), collectively handle over 60 million passengers annually. These airports provide direct access to Latin America, Europe, and Asia, positioning Houston as a vital international gateway. Additionally, Beltway 8, the city’s outer loop freeway, facilitates seamless transportation around the metropolitan area and connects key business districts, neighborhoods, and suburban communities. This infrastructure has spurred significant commercial and residential development along the corridor, further enhancing Houston’s appeal as a hub for investment, tourism, and business. The integration of airports and Beltway 8 underscores the city’s commitment to connectivity and growth, driving demand for hospitality assets in prime locations. Houston attracts over 23 million visitors annually, thanks to its dynamic blend of cultural, recreational, and business opportunities. Some of the city’s most visited attractions include the Houston Museum of Natural Science, which draws over 2 million visitors annually, and Space Center Houston, which attracts 1.25 million visitors each year. The Museum of Fine Arts, Houston, welcomes 1.1 million visitors annually, while the Houston Zoo sees 2.4 million visitors. The Galleria Mall, a premier shopping destination, attracts more than 30 million visitors annually. The Children’s Museum Houston engages over 900,000 visitors yearly, making it one of the most popular family attractions in the region. These cultural and recreational assets are complemented by George R. Brown Convention Center, which features 1.2 million square feet of meeting space and serves as a cornerstone of the city’s thriving convention business. Together, these attractions ensure that Houston remains a premier destination for leisure and business travelers alike.