Comfort Suites IAH Beltway 8 is an exceptional hospitality investment strategically positioned in Houston's thriving George Bush Airport area. Situated just 5.2 miles from George Bush Intercontinental Airport (IAH), the hotel is perfectly placed to capture robust airport-driven demand.
Investment Highlights:
Prime Location: Prominently located on Beltway 8, offering excellent visibility and easy access, significantly enhancing its appeal to business and leisure travelers.
Established Performance: The property boasts 72 spacious suites across three stories, demonstrating consistent upward trending revenue. The hotel achieved significant year-over-year improvements, including increased occupancy rates, ADR, and RevPAR, highlighting strong market positioning and operational efficiency.
Brand Strength: Operating under the reputable Choice Hotels' Comfort Suites brand, the hotel benefits from substantial brand recognition, reservation systems, and national marketing support.
Comprehensive Amenities: Built in 2008, this upper midscale hotel offers guests extensive amenities, including high-speed internet, a fitness center, business center, 1,184 SF of meeting space, and complimentary breakfast, enhancing guest satisfaction and repeat business.
Economic Indicators: Located within a designated Opportunity Zone, investors can leverage significant tax advantages. The area demonstrates positive demographic trends, including projected population and household growth rates between 2024-2029.
Recent Upgrades: The exterior and signage have been completed to current brand standards. The estimated PIP (Property Improvement Plan) requirement is $300,000.
Rebranding Opportunity: The next renewal window with Choice Hotels is in December 2027, offering investors a timely opportunity for potential repositioning or rebranding.
Area Overview:
The hotel is conveniently located near George Bush Intercontinental Airport, one of the largest and busiest airports in the country, driving substantial business and leisure traffic year-round. Additionally, proximity to major corporations, including energy firms, technology companies, logistics hubs, and healthcare centers, further bolsters consistent occupancy and demand. The area's significant event venues and sports arenas, shopping destinations, and vibrant dining and entertainment options further enhance its attractiveness to travelers, supporting stable growth and sustained hospitality demand.
Investment Potential:
Comfort Suites IAH Beltway 8 is ideal for hospitality investors seeking a reliable and profitable asset. Its established operational efficiency, robust market presence, and growth potential position it as a lucrative addition to any investment portfolio.
Contact Seth Equities today to receive detailed financials or schedule your private tour.