Comfort Suites Channelview
15813 2nd St, Channelview, TX, 77530
Feb 24-26
Ten-X Auction
70
Total Rooms
 
 
65%
Occupancy
50722
Building SF
 
 

Strong Market Performance with Upward Revenue Trend
  • Revenues are trending upwards, reflecting the property’s improving performance and demand in the market.
  • 2024 Key Metrics: Average Daily Rate (ADR): $72 Revenue Per Available Room (RevPAR): $51
Brand Flexibility – Multiple Repositioning Opportunities
  • The new owner will have the option to either: Complete a "Move to Modern" Property Improvement Plan (PIP) with Choice Hotels to retain and elevate the Comfort Suites brand,
  • Convert the property to Best Western Plus or other core brands within the Best Western family
  • Rebrand as Spark by Hilton, Hilton’s innovative economy brand, or
  • Explore Garner by IHG, a fresh midscale option with strong brand recognition.
Strong Value-Add Potential
  • Opportunity to significantly increase ADR and RevPAR by repositioning and rebranding the property.
  • Completion of the PIP or conversion will allow the new owner to capture a broader customer base and increase revenue potential.
  • Ideal for an experienced operator seeking a strategic foothold in the Channelview area.
Efficient 70-Key Footprint
  • Mid-sized property that balances operational efficiency with upside potential.
  • Suitable for both regional owner-operators and institutional investors seeking to expand their hospitality portfolio.
Strategic Location with Strong Economic Drivers
  • Channelview, located just 15 miles east of downtown Houston, sits at the heart of the bustling Greater Houston metropolitan area. The town’s strategic position along Interstate 10 and near the Houston Ship Channel makes it a key hub for industrial, logistics, and petrochemical activities. This advantageous location fuels consistent demand for both business and leisure travel.
Key Demand Generators
  • Houston Ship Channel – One of the largest ports in the U.S., the Houston Ship Channel is a critical driver of economic activity in the region. Channelview benefits from the steady influx of maritime, shipping, and logistics professionals.
  • Petrochemical and Energy Sector – Channelview is home to several large refineries and petrochemical plants, creating a high volume of corporate demand from contractors, engineers, and executives.
  • Port of Houston – The Port of Houston is a significant trade hub, attracting national and international business travelers. Its continued growth bolsters demand for quality lodging in the surrounding area.
  • Industrial Parks and Warehousing – The region hosts numerous industrial parks and distribution centers, including those for Amazon, FedEx, and other major logistics companies. These facilities generate ongoing travel needs for employees, vendors, and consultants.
  • Leisure and Sports – Proximity to local attractions like the San Jacinto Battleground Historic Site, Baytown Nature Center, and access to recreational boating on the San Jacinto River offers weekend leisure travel opportunities.
Major Employers in the Area
  • LyondellBasell – One of the world’s largest plastics, chemicals, and refining companies, with a significant presence in Channelview.
  • ExxonMobil – Operates major petrochemical and refinery facilities in nearby Baytown, bringing a consistent stream of business travelers.
  • Kinder Morgan – A key player in energy infrastructure with operations throughout the Houston Ship Channel.
  • Shell Deer Park Refinery – Just a short drive from Channelview, this major refinery is a significant demand generator for area hotels.
  • FedEx, Amazon, and UPS – Large-scale logistics and distribution centers in the region fuel demand for transient lodging from employees and corporate visitors.
FOR MORE DETAILS CONTACT
Rorik Seth
Principal & Managing Broker
(281) 968-5019
rorik@sethequities.com
Lic: 649869