Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Holiday Inn & Suites Houston West – Westway Park (‘Hotel’ or ‘Property’) located in Houston, Texas. The IHG-branded Hotel is offered on a "Request for Offer" basis. Please contact the listing agent for more information. The Holiday Inn & Suites Houston West – Westway Park is a five-story, 113-room hotel strategically located at 4606 Westway Park Boulevard in Houston, Texas, with direct access from W. Sam Houston Parkway North. The property offers strong corporate and transient demand drivers, including an onsite restaurant (Legend’s Bar & Grill), indoor salt water pool & hot tub, outdoor patio, convenience store/sundry shop, guest coin laundry facility, fitness center, and a business center. It features 3,300 square feet of flexible meeting and banquet space, accommodating up to 200 guests with full-service catering and audiovisual capabilities, supporting group, conference, and event business. In 2025, the hotel completed over $60,000 in capital improvements, including exterior brick replacement, fire alarm and sprinkler upgrades, lighting and signage updates, and a new spa pump, underscoring ongoing investment in asset quality and long-term operational performance. On a trailing three-month basis, Revenue per Available Room (RevPAR) increased by 12.0%, underscoring strong and sustained revenue momentum and reflecting the property’s robust performance in recent months. Located in Houston’s thriving Westway Park submarket, the Holiday Inn & Suites Houston West - Westway Park offers investors a prime opportunity to capitalize on a well-positioned hotel in one of the city’s most dynamic business corridors. Houston, the nation’s fourth-largest city and anchor of the Greater Houston MSA (over 7 million residents), is a global hub for energy, healthcare, aerospace, and technology, providing a strong and diverse base of corporate and transient demand. The hotel benefits from proximity to leading employers, including Schlumberger (3.5 miles), Baker Hughes (6.5 miles), Schneider Electric (6.7 miles), Travelers (0.4 miles), CyrusOne (1.2 miles), and Seadrill (0.5 miles), supporting consistent corporate occupancy. Higher education institutions, such as the University of Houston (20.3 miles) and Rice University (17.5 miles), further strengthen business and academic travel to the area. Specialty hospitals, including Memorial Hermann Southwest (12.5 miles) and Texas Children’s Westway Park (11.8 miles) facilities, contribute to medical and extended-stay demand. Westway Park continues to experience significant commercial development, underscoring the area’s long-term growth potential. Koll Development Company (KDC), in partnership with Prudential Real Estate Services, is building the nation’s second Intellicenter™ office building in Westway Park, part of a $200 million national Intellicenter program of high-performance, LEED-certified office buildings. Westway Park’s strategic location at the intersection of the West Sam Houston Tollway and Clay Road has already attracted top corporate tenants including Cooper Cameron, Invensys, and B.J. Services USA. By Q1 2006, more than 375,000 square feet of new office construction, including headquarters expansions and new developments by BJ Services, MedLeh Group, Seismic Exchange, and the Houston Apartment Association, will be underway. The hotel is positioned near major retail, dining, and entertainment destinations. Near the property are demand generators including Baseball USA (1.3 miles), Memorial City Mall (5.6 miles) and CityCentre (3.9 miles), while Houston’s Energy Corridor (7.5 miles), the Galleria (13.4 miles), Downtown Houston (16.1 miles), Daikin Park (17.2 miles), Toyota Center (18.0 miles), Shell Energy Stadium (18.5 miles), George R. Brown Convention Center (17.5 miles), The Hobby Center for the Performing Arts (16.7 miles), Alley Theatre (15.5 miles), Houston Aquarium Downtown (16.8 miles), Houston Zoo (22.1 miles), and the Houston Museum of Natural Science (19.5 miles) are all easily accessible. The property is served by both Bush Intercontinental Airport (IAH – 23.5 miles) and William P. Hobby Airport (HOU – 27.3 miles), supporting strong regional and national connectivity. Houston continues to experience robust economic growth, driven by energy, technology, healthcare, and international trade. Westway Park, with its combination of corporate presence, active development, accessibility, and lifestyle amenities, provides a strategic location for investors seeking exposure to Houston’s resilient lodging market.