The TownePlace Suites Houston Hobby Airport represents a compelling opportunity to acquire a strategically located, extended-stay asset with significant RevPAR growth potential in the thriving Houston metropolitan area. Ideally situated just minutes from William P. Hobby Airport, the property offers convenient access for both business and leisure travelers.
Houston’s robust economy, supported by its airports’ $40.6 billion annual economic impact and over 200,000 associated jobs, provides a solid foundation for sustained growth. As part of the Houston Airport System, which handled over 60 million passengers in 2023, Hobby Airport alone contributed approximately $8 billion to the local economy. The hotel’s proximity to key demand drivers such as NASA’s Johnson Space Center, the University of Houston, and Downtown Houston positions it to attract a diverse mix of travelers.
Furthermore, with $5 billion in ongoing infrastructure upgrades across Houston’s airports, including Hobby, the region is primed for continued expansion and increased visitor traffic. Combined with Houston’s growing population and rising demand for air travel, these developments enhance the property’s potential to thrive. The TownePlace Suites Houston Hobby Airport is well-positioned to capitalize on these favorable market conditions, offering an attractive option for both short term and extended-stay guests in one of the nation’s most dynamic markets.