Holiday Inn Express & Suites Houston Westchase
11303 Westheimer Rd, Houston TX 77077 · 127 Keys · Opened 2018 · IHG / Upper Midscale
$733K
TTM Normalized NOI
24.0% margin
+19.4%
Q1 2026 Rev Growth
year over year
115.8
RevPAR Index
vs Westchase compset
2018
Year Built
among newest in set
The Opportunity
- Market leader. Tops its seven-hotel Westchase compset on occupancy, rate, and RevPAR (MPI 110.9 / ARI 104.4 / RGI 115.8) and gained share straight through the 2025 downturn.
- Inflecting up. Q1 2026 revenue +19.4% YoY; March 2026 was the strongest room-revenue month in two years, as the Westchase submarket recovers.
- A like-new building. A full interior FF&E refresh plus a complete exterior repair and repaint complete this year, the third Holiday Inn Express renovation Texas Hotel Management has delivered in twelve months.
- Untapped demand. Loaded IHG corporate-negotiated rates with Fortune 500 energy, industrial, and healthcare employers, a base built with no dedicated sales manager in the seat. That role has now been filled.
- Rate headroom. Management targets a $5 to $10 ADR lift once the renovation is complete, on a property that has been priced below its quality.
Snapshot
BrandHoliday Inn Express (IHG)
Keys127
Year built2018
SubmarketHouston Westchase
TTM revenue$3,052,996
Normalized NOI$733,269
NOI margin24.0%
RevPAR index (RGI)115.8
Why It Is Available
A deliberate portfolio decision, not a distressed sale. Texas Hotel Management is concentrating on its active Houston and Dallas acquisitions and on larger, $5M-plus-revenue hotels. A well-run asset of this size sits below that threshold, so it is being sold while on the upswing.
Submarket Catalysts
Park Eight Place. A $1B, 70-acre, 2M SF Johnson Development redevelopment of the former Halliburton campus, bringing new residential, office, retail, and hospitality to the Westchase District.
Supply Discipline
No new rooms coming. No select-service hotel is under construction in the compset, so recovering demand is not chasing new supply. Hard-corner Westheimer location, newest product against a set built mostly from the 1980s to 2000s.