Overview
Avenue Advisors presents the 109-key Holiday Inn Express & Suites Spring - Woodlands Area, a 2020-built hotel near the Interstate 45 and Grand Parkway interchange, 1.8 miles from the ExxonMobil campus. The Hotel leads its competitive set in occupancy, is offered unencumbered by management, and qualifies for a new 15-year IHG franchise agreement.
Investment Highlights
Occupancy Leader
The hotel ran 75.5% occupancy against 60.3% for its competitive set over the 12 months ending August 2026, for a RevPAR index of 130.8. RevPAR rose 5.1% while the competitive set fell 6.0%.
$1.23 Million TTM NOI
NOI was $1.23 million for the 12 months ending August 2026, after a 3.0% management fee and 4.0% FF&E reserve. NOI has topped $1.2 million in 2024, 2025, and the TTM period.
Springwoods Village Location
The hotel is close to the ExxonMobil campus, the Hewlett Packard Enterprise and American Bureau of Shipping headquarters, and St. Luke's Health Springwoods Village Hospital. The Woodlands' corporate and medical base is within about 10 miles.
Award-Winning, Recent-Vintage Product
The hotel opened in 2020 and received IHG's 2025 Torchbearer Award.
Unencumbered, New 15-Year FLA
The hotel is offered free of management, with a new 15-year IHG franchise agreement expected at closing, subject to brand approval.
Operating Performance
Photo Gallery
Advisors
