Investment Overview
Hodges Ward Elliott ("HWE") is pleased to present the opportunity to acquire the 182-key Hilton Garden Inn Houston/Bush Intercontinental Airport (the “Hotel” or “Property”), situated just over three miles from George Bush Intercontinental Airport, one of the nation’s busiest air travel hubs. The Hotel sits in a highly established corporate corridor surrounded by over 70 million square feet of office and industrial space within a five-mile radius, with major employers in the area including United Airlines, Baker Hughes, HMH, Integra Mission Critical, and Halliburton. Furthermore, Eli Lilly and Bristol Myers Squibb are investing nearly $9 billion combined to build brand-new manufacturing developments at the emerging Generation Park, representing some of the largest life science investments in Texas history. Beltway 8 and Interstate 69 provide convenient access to the Houston metro as well, easily connecting visitors to the greater MSA. The well-located Hilton Garden Inn presents a rare opportunity to acquire a top asset in one of Houston's most consistently high-demand submarkets.
At the Doorstep of George Bush Intercontinental Airport
George Bush Intercontinental Airport ("IAH") continues to strengthen its position as one of the nation's busiest international gateways through significant capital investment and record international passenger traffic. In 2025, the airport served 48.1 million passengers, including a record 12.4 million international passengers. IAH generates a total annual economic impact of $30.7 billion, including $9.9 billion in labor income, and supports roughly 158,000 jobs across the region. To accommodate future demand, IAH recently completed a $1.46 billion renovation that added the 160,000-square-foot Terminal D-West Pier, featuring 10 new gates, restaurants, and amenity spaces, as well as the International Central Processor, which consolidates ticketing, security, and baggage operations to improve navigation and reduce wait times. The airport is also advancing the $2.55 billion Terminal B Transformation, which will add a new 22-gate North Concourse by the end of 2026, modernize 18 gates in the South Concourse, expected to be ready by early 2028, and enhance traveler amenities in the lobby. These investments position IAH for sustained long-term growth while further reinforcing demand for high-quality airport hotels such as the Hilton Garden Inn Houston/Bush Intercontinental Airport.
Anchored by a Thriving Industrial & Logistics Hub
The surrounding three miles encompass nearly 32 million square feet of industrial inventory at approximately 92% occupancy, showcasing the area’s strong demand and market fundamentals. With over 771,000 square feet of additional space currently under construction, this continued expansion underscores the market's long-term appeal. The region’s logistics hub is anchored by IAH, which generates an annual cargo-related economic impact of $12.5 billion, driven by more than 550,000 metric tons of air cargo in 2025. With quick access to the airport, Beltway 8, and Interstate 69, the corridor serves as a critical distribution artery connecting regional, national, and international supply chains, reinforcing a resilient base of year-round commercial lodging demand.
Nearly 32 million square feet of nearby industrial inventory anchor the corridor, with more than 771,000 additional square feet under construction.
Approximately 92% occupancy reflects strong demand across the surrounding industrial market.
George Bush Intercontinental Airport anchors the region’s logistics hub, generating $12.5 billion in annual cargo-related economic impact.
IAH processed over 550,000 metric tons of air cargo in 2025, connecting regional, national, and international supply chains.
Industry-Leading New Manufacturing Developments
Eli Lilly is building a new $6.5 billion pharmaceutical manufacturing campus at Generation Park, representing the largest biotech manufacturing investment in Texas history. The 236-acre campus broke ground in July 2026 and is expected to be operational by 2030, bringing 615 jobs to the area. Bristol Myers Squibb followed in August 2026 with the announcement of a planned $2.3 billion, 600,000-square-foot manufacturing campus at the same development, which will add an estimated 500 jobs upon its completion. Together, the two projects represent nearly $9 billion in committed pharmaceutical investment, establishing a permanent base of high-wage technical employment that will drive recurring corporate, vendor, and training-related demand.
Houston — Global Economic Epicenter
The nation's fifth-largest metropolitan area, Houston covers roughly 10,000 square miles and is home to nearly 3.5 million jobs. As the fourth-largest city in the United States, it is a global gateway city with a history of impressive GDP, population, and employment growth. From 2024 to 2025, Houston added more residents than any other U.S. metro, growing by 126,720 to nearly 7.9 million. Home to over 4,200 energy-related firms, Houston employs nearly a third of the nation's jobs in oil and gas extraction, earning its reputation as the "Energy Capital of the World." In addition, Houston hosts the largest medical center in the world, the nation's number one waterway, and a globally renowned arts hub. The city has also emerged as one of the most popular travel destinations in the U.S., welcoming a record 53.9 million visitors in 2024, up from 51.4 million in 2023 and 48.7 million in 2022. More broadly, over 92 million people visited the greater Houston metro in 2024, generating $27 billion in total economic impact.
EnergyCapital of
the World
LargestMedical Center
in the World
Nation's #1Waterway
Recently Renovated with Operational Upside
Following a renovation completed in 2023, the Hilton Garden Inn Houston/Bush Intercontinental Airport offers new ownership a Hilton-branded asset with near-term capital needs largely mitigated. The Property has demonstrated recent momentum, with July YTD RevPAR improving 17.9% year-over-year. With significant capital already invested in the Hotel, new ownership is well positioned to build on this improvement through continued revenue management and market share growth.
Clean Investment Offering
The fee-simple interest in the Hilton Garden Inn is being offered free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.