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Holiday Inn Express & Suites Houston West 21010 Katy Fwy 97 Room Hotel Katy, TX 77449 $14,527,276 CAD ($149,766 CAD/Room)
Investment Highlights
- In 2025, the hotel recorded rooms revenue of $2.57 million (rounded) at an average RevPAR level of $73.
- Given the recent renovation, no change-of-ownership property improvement plan (PIP) is expected for new ownership upon transfer.
- Houston has been selected as a host city for the 2026 FIFA World Cup. The event is anticipated to generate elevated ADR and occupancy levels citywide.
- In 2023, the property underwent a comprehensive renovation per the brand’s “Formula Blue 2.0” design scheme.
- Since 2023, the hotel has outperformed/consistently dominated its competitive set, having registered an annual avg. RevPAR penetration index of 125.8%
- Asset is being offered free and clear of any management encumbrances, offering the flexibility to revamp the operational strategies.
Executive Summary
For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=159429
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 97-key Holiday Inn Express & Suites Houston West - Katy, an IHG hotel, a recently renovated, strong-performing hotel in Houston’s Katy Freeway/Energy Corridor submarket.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 97-key Holiday Inn Express & Suites Houston West - Katy, an IHG hotel, a recently renovated, strong-performing hotel in Houston’s Katy Freeway/Energy Corridor submarket.
Property Facts
| Price | $14,527,276 CAD | Building Size | 58,576 SF |
| Price Per Room | $149,766 CAD | No. Rooms | 97 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2010/2023 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.59/1,000 SF |
| Lot Size | 2.32 AC | Corridor | Interior |
| Zoning | None | ||
| Price | $14,527,276 CAD |
| Price Per Room | $149,766 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.32 AC |
| Building Size | 58,576 SF |
| No. Rooms | 97 |
| No. Stories | 4 |
| Year Built/Renovated | 2010/2023 |
| Tenancy | Single |
| Parking Ratio | 2.59/1,000 SF |
| Corridor | Interior |
| Zoning | None |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 34 | $175.71 CAD | - |
| Guest Room | 63 | $149.42 CAD | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1313130010003 | Improvements Assessment | $4,929,287 CAD |
| Land Assessment | $2,086,887 CAD | Total Assessment | $7,016,174 CAD |
Property Taxes
Parcel Number
1313130010003
Land Assessment
$2,086,887 CAD
Improvements Assessment
$4,929,287 CAD
Total Assessment
$7,016,174 CAD
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Holiday Inn Express & Suites Houston West | 21010 Katy Fwy
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