Investment Overview
Hodges Ward Elliott (“HWE”) is pleased to present the opportunity to acquire the 2021-built, 148-key Hyatt House The Woodlands / Shenandoah (the “Hotel” or “Property”), situated within a luxury mixed-use development in one of the most desirable and affluent submarkets in the country. The Woodlands, ranked the #3 Best City to Live in America, is an award-winning, master-planned, infill community that continues to attract top-tier companies, retailers, and lifestyle amenities, leading to one of the strongest performing lodging submarkets in Houston. As the newest extended-stay hotel, the Hyatt House is positioned to take advantage of it all, just minutes from a dense concentration of renowned healthcare campuses and surrounded by over 21 million square feet of office/retail space (three-mile radius). Supported by a balanced mix of corporate, healthcare, and leisure demand, the Hotel is a compelling opportunity to acquire a high-quality asset in one of Houston’s most resilient markets.
Exceptional Location
The Hotel is located within the 70-acre Metropark Square mixed-use development, home to ample dining, shopping, entertainment, and residences, with direct access to Interstate 45. This strategic location is in the heart of the area’s medical and commercial corridor, positioned near a multitude of major healthcare facilities and many of the area’s largest employers. In a three-mile radius of the Hotel, there are over 1,200 hospital beds and over 21 million square feet of office / retail space. Being adjacent to I-45, it also provides efficient connectivity to The Woodlands Town Center, Market Street, Woodlands Mall, Hughes Landing, Cynthia Woods Mitchell Pavilion, and the ExxonMobil corporate campus, while offering strong regional access to Conroe, Spring, North Houston, and the surrounding region, and being only 25 minutes away from George Bush Intercontinental Airport. These attributes align particularly well with the Hyatt House extended-stay product, which is positioned to capture a diversified mix of healthcare, corporate, relocation, project-based, and leisure demand.
The Woodlands — Affluent & Attractive Submarket
The Woodlands represents one of the most affluent and attractive submarkets in the entire country. Home to exceptional demographics, a deep corporate presence, thoughtful master-planned infrastructure, and world-renowned healthcare institutions, the Woodlands is consistently ranked as one of the top places to live (currently ranked the #2 Best City to Raise a Family and the #3 Best City to Live in America). Located approximately 30 miles north of Downtown Houston along I-45, the 28,500-acre community has evolved into a premier, self-contained, live-work-play destination. With a median household income of approximately $141,000, more than 1.5x the national average, the market benefits from a highly educated workforce and a diversified employment base spanning energy, healthcare, advanced manufacturing, and professional services. The community is also passionate about parks, greenspace, and natural beauty; according to the National Recreation and Parks Association, The Woodlands has 38.3 acres of open space per 1,000 residents, which is 74% above the national average. With limited developable land, disciplined zoning, and a pro-business municipal framework, The Woodlands offers both top-line revenue stability and long-term real estate value preservation.
Extensive Medical Demand
The Woodlands and Shenandoah area represent one of Houston’s largest healthcare corridors, with multiple major medical campuses and many outpatient facilities comprised throughout. Within a three-mile radius of the Property, there is over 3.1 million square feet of healthcare facilities, over 1,200 hospital beds, and over 10,000 healthcare employees. Major campuses include Houston Methodist - The Woodlands Hospital, Memorial Hermann - The Woodlands Medical Center, St. Luke’s Health - The Woodlands Hospital, and Texas Children’s Hospital, and provide a broad range of healthcare services, including pediatric care, cancer treatment, cardiovascular care, and advanced surgical services. These medical centers generate consistent year-round lodging demand from patients, families, physicians and other healthcare professionals, making the Hyatt House’s extended-stay product particularly well suited to the market.
| # | Hospital Campus | Beds | Square Feet | Distance | Employees |
|---|---|---|---|---|---|
| 1 | Memorial Hermann - The Woodlands Medical Center | 457 | 1,069,394 | 1.9 mi | 3,300 |
| 2 | Houston Methodist - The Woodlands Hospital | 293 | 470,000 | 1.1 mi | 2,937 |
| 3 | St. Luke’s Health - The Woodlands Hospital | 242 | 582,792 | 2.0 mi | 2,412 |
| 4 | Encompass Health Rehabilitation Hospital of The Woodlands | 84 | 125,389 | 2.7 mi | — |
| 5 | Texas Children’s Hospital - The Woodlands | 60 | 587,000 | 1.7 mi | 1,526 |
| 6 | Encompass Health Rehabilitation Hospital Vision Park | 60 | 65,871 | 2.6 mi | — |
| 7 | Nexus Children’s Hospital - Shenandoah | 50 | 40,000 | 2.8 mi | 155 |
| 8 | Nexus Children’s Hospital - The Woodlands | 21 | 12,809 | 2.4 mi | 65 |
| 9 | UT MD Anderson Outpatient Cancer Center - The Woodlands | 17 | 208,000 | 3.0 mi | — |
| Total — all within 3 miles | 1,284 | 3,161,255 | — | 10,395 |
*Employee counts were not publicly available for all hospitals. Distances measured from the Hotel; all campuses lie within the 3-mile radius shown on the map.
Houston — Global Economic Epicenter
The nation’s fourth largest city and fifth largest metropolitan area, Houston covers nearly 10,000 square miles and is home to roughly 3.5 million jobs. It is a global gateway city, boasting a history of impressive GDP, population, and employment growth. Home to over 3,700 energy-related firms, Houston employs nearly a third of the nation’s jobs in oil and gas extraction, earning its reputation as the “Energy Capital of the World.” In addition, Houston hosts the largest medical center in the world, the largest U.S. export port, and a globally renowned arts hub. The city has also emerged as one of the most popular travel destinations in the U.S. and continues to see increasing visitation year-over-year. The number of visitors has risen sequentially each year with 48.7 million in 2022, 51.4 million in 2023, and 53.9 million in 2024, representing a 10.7% increase from 2022 to 2024.
Clean Investment Opportunity
The non-union, fee-simple interest in the Hyatt House is being offered free and clear of existing management and financing, affording new ownership maximum flexibility in the future operation and capitalization of the Hotel.