-
Holiday Inn Express & Suites Houston NASA – Boardwalk Area – Image Credit HVS
HVS Brokerage & Advisory is exclusively advising on the sale of the Holiday Inn Express & Suites Houston NASA – Boardwalk Area. This 80-key hotel, situated in the leisure-centric Seabrook area of Houston, presents a unique opportunity for acquisition at a cost well below its replacement value, priced at $83,800 per key.
Financial Performance and Potential
The hotel’s financial records show a trailing twelve-month revenue of $1.68 million as of September 2025. Despite its underperformance in room revenue compared to its competitors, there is a considerable opportunity for revenue enhancement. The hotel’s gross operating profit has been below the industry average, indicating potential for operational improvements and expense reductions.
Strategic Location and Market Demand
Located along NASA Parkway, the hotel benefits from its proximity to major attractions and demand generators, such as NASA’s Johnson Space Center, Kemah Boardwalk, and various healthcare and educational institutions. The area is experiencing significant infrastructure and commercial developments, promising sustained demand and growth in regional tourism and business activities.
Asset Quality and Licensing
Opened in 2019, the property has been well-maintained, requiring only minor improvements upon change of ownership. A new 15-year license agreement with InterContinental Hotels Group is anticipated, ensuring continued brand affiliation and operational standards.
Competitive Landscape and Revenue Opportunities
The hotel currently ranks third out of five local competitors in terms of Revenue per Available Room (RevPAR). With strategic management and aggressive marketing, there is room to improve occupancy rates and align the hotel’s performance with its competitors, who have reported higher RevPAR figures.
Local Economic and Developmental Factors
The region is witnessing transformative developments, including expansions in aerospace, healthcare, and mixed-use projects, which are set to enhance the local economy and increase demand for lodging. Notable projects include the expansion of U.S. Highway 146 and the development of the Great Wolf Lodge & Flyway at Clear Lake Webster.
The Holiday Inn Express & Suites Houston NASA – Boardwalk Area presents a promising investment opportunity, thanks to its strategic location, potential for operational enhancements, and ongoing regional developments. This acquisition could be particularly appealing to experienced operators looking to capitalize on the hotel’s upside potential in a growing market.
Inquire at HVS.
