Holiday Inn Express & Suites Houston NW 9120 West Rd

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Holiday Inn Express & Suites Houston NW Beltway 8-West Road (‘Hotel’ or ‘Property’) located in Houston, Texas. The IHG-branded Hotel is offered on a “call for offers” basis. Please reach out to the listing agent for more information.
The Holiday Inn Express & Suites Houston NW Beltway 8-West Road is an 87-room, three-story Hotel stationed at 9120 West Road in Houston, Texas, just off a stretch of Beltway 8 that averages over 150,000 vehicles per day. Various common area amenities at the Property include an outdoor swimming pool/hot tub, fitness center, business center, on-site guest laundry, and a boardroom with A/V equipment with 12 seats.
The Houston Metropolitan Statistical Area (MSA), with over 7 million residents, is a key economic and cultural hub. As the 4th largest U.S. city, Houston has a GDP of $478 billion, making it the 6th largest metro economy. The region is well-served by highways, METRO public transit, and two major airports: George Bush Intercontinental and William P. Hobby, which together handle over 5 million passengers annually. Major sectors include energy, engineering, and healthcare. Key landmarks near the hotel include The Galleria (15.0 mi) and City Centre (9.2 mi). Energy giants like ExxonMobil and Shell drive Houston’s economy, and Chevron is moving its headquarters downtown by 2025. About 50 miles from the hotel, the Houston Ship Channel is the top U.S. export region and hosts the largest petrochemical complex in the Americas. The Port of Houston supports over 3.2 million jobs and contributes $801.9 billion in economic value.
Houston’s economy is supported by major employers like H-E-B, Houston Methodist, Memorial Hermann, Walmart, and UT MD Anderson Cancer Center, each with over 20,000 employees. ExxonMobil, Kroger, and Shell Oil employ between 10,000 and 19,999. Downtown is home to nine Fortune 500 headquarters, including Cheniere Energy and EOG Resources, and Chevron is moving its headquarters there by 2025. As the Energy Capital of the World, Houston accounts for nearly a third of the nation’s oil and gas extraction jobs. The city has a skilled workforce of 3 million, with the highest number of engineers among U.S. metros. Located 13 miles from the hotel, the Houston Energy Corridor is a key economic driver, with over 300 companies and more than 94,000 employees, including major firms like BP America, ConocoPhillips, Citgo, and Equinor. Ongoing investments in infrastructure and green spaces further enhance the area’s appeal, attracting energy firms seeking growth opportunities.
Houston demonstrated strong economic resilience in 2023, adding 53,700 jobs in the first ten months despite sector slowdowns and recession concerns. Significant projects, like Helix Park and the Texas Medical Center’s campus expansion, support this growth. In 2024, developments such as the 100-foot eco-friendly art installation Arco Del Tiempo in Guadalupe Plaza Park (19.6 mi) and Autry Park in Montrose, which will enhance urban connectivity with new apartments and commercial spaces (16.1 mi), will further boost the economy. The George R. Brown Convention Center, with a $2 billion renovation, enhances downtown Houston’s role as a major convention hub, covering 1.9 million square feet (19.2 mi).
The hotel’s location offers easy access to a variety of key attractions and essential services, making it an appealing option for both business and leisure travelers. Notable nearby destinations include Memorial Hermann Greater Heights Hospital (10.3 mi) and Northwest Point Business Park (3.7 mi), ensuring a steady influx of medical and corporate visitors. Nature lovers will appreciate the proximity to Houston Arboretum & Nature Center (13.2 mi) and Memorial Park (13.0 mi), while recreational options such as Jersey Meadow Golf Club (3.6 mi) and the lively Galleria (15.0 mi) cater to diverse interests. Additional popular attractions like Sam Houston Race Park (3.1 mi), Traders Village Houston (4.5 mi), and Rockstar Energy Bike Park (11.7 mi) draw crowds year-round. The hotel also offers convenient access to downtown Houston (18.8 mi), Minute Maid Park (19.0 mi), and key transportation hubs, including William P. Hobby Airport (28.9 mi) and George Bush Intercontinental Airport (18.9 mi). With its prime location, this area is poised for strong hotel demand, making it an attractive investment opportunity.
The hotel’s impressive RevPAR penetration index of 105 percent for the twelve months ending in August 2024, and a sustained index of 114 percent over the next five years, offer significant advantages for potential buyers. These advantages include heightened room revenues, excess capital for renovations, and operational benefits such as improved cash flow and economies of scale.