The Travelodge by Wyndham at Houston Hobby Airport presents a rare opportunity to acquire a well-positioned, select-service hotel with consistently strong performance metrics. With nearly $900,000 in room revenue generated in 2024, 76% average occupancy, and a $46 RevPAR, the property is poised for continued success in a high-demand market. Located just minutes from Houston Hobby Airport (HOU), the property benefits from year-round demand drivers, including business travelers, airport-related guests, and leisure travelers.
This asset provides prospective buyers with immediate operational cash flow and multiple value-add opportunities through operational improvements and strategic marketing initiatives.
Prime Location – Proximity to Houston Hobby Airport
Less than a 5-minute drive to Houston Hobby Airport (the second busiest airport in Texas).
Easy access to major highways (I-45 and Beltway 8), providing seamless connectivity to downtown Houston and surrounding areas.
Surrounded by numerous demand generators, including corporate offices, industrial hubs, and local attractions such as NRG Stadium, University of Houston, and the Houston Museum District.
Strong Revenue & Occupancy Performance
2024 Revenue: Nearly $900,000 in room revenue
Occupancy: 76% average annual occupancy.
RevPAR: $46, exceeding many comparable properties in the market.
Strong operational history and stable cash flow.
3. Established Brand Affiliation
Operates under the well-known Travelodge by Wyndham flag, benefiting from Wyndham’s robust reservation system and brand recognition.
High-Demand Submarket
The Travelodge by Wyndham – Houston Hobby Airport is strategically located just 2 miles from Houston Hobby Airport (HOU), providing unparalleled convenience to travelers. Houston Hobby is the second busiest airport in Texas, handling over 14 million passengers annually and serving as a primary hub for Southwest Airlines. The property’s proximity to the airport ensures a steady flow of transient guests, including business travelers, airline personnel, and leisure travelers passing through the Houston area.
Positioned along Interstate 45 (Gulf Freeway), the hotel offers quick access to downtown Houston (just 15 minutes away), making it an attractive lodging option for guests attending business meetings, conferences, and citywide events. The nearby Sam Houston Tollway (Beltway 8) enhances regional connectivity, further expanding the property’s customer base.
Demand Generators & Key Attractions
The property benefits from its proximity to a diverse range of demand drivers, including major employers, business parks, educational institutions, and cultural attractions:
Corporate Demand & Major Employers
Houston Hobby Airport – Major employer and hub for airline personnel and aviation-related businesses.
Port of Houston – One of the largest ports in the United States, generating substantial industrial and shipping-related business travel.
Downtown Houston – Home to numerous Fortune 500 companies in the energy, finance, and technology sectors, including ExxonMobil, Chevron, JPMorgan Chase, and CenterPoint Energy.
Texas Medical Center – The world’s largest medical complex, attracting thousands of patients, medical professionals, and researchers every year.
NASA Johnson Space Center – A major aerospace employer and a significant tourist attraction
Educational Institutions
University of Houston – A leading public research university with over 47,000 students and a continuous need for accommodations during campus events and conferences.
Texas Southern University – A nearby historically black university contributing to year-round demand from students, families, and faculty.
Leisure & Entertainment
NRG Stadium – Hosts NFL games, major concerts, and events like the Houston Livestock Show and Rodeo, attracting millions of visitors annually.
Houston Museum District – Featuring 19 museums, including the Houston Museum of Natural Science and the Museum of Fine Arts, Houston.
Kemah Boardwalk & Galveston Island – Popular leisure destinations just a short drive from the hotel.
Future Growth & Development
The area surrounding Houston Hobby Airport is undergoing continued development, with ongoing infrastructure improvements and commercial growth enhancing the region’s long-term demand potential. The airport’s recent expansions and the city’s efforts to promote business and leisure tourism will further support rising occupancy and ADR trends in the submarket.
