HOUSTON-Marcus Hotels & Resorts is marking its Texas inroad as the manager for the 171-room Hilton Garden Inn Houston that is slated to open in the fall.

The hotel NW/Chateau is part of Chateau Court, a 13-acre, European-style hotel, retail and office space development. Houston-based Forum Development is the owner and developer of the project, located at the intersection of Texas 249 and Willowchase Boulevard near FM 1960.

Forum Development president, William Karrington says he chose Marcus to manage the hotel based on “their track record for quickly ramping up properties to profitability.” Michael Hool, director of development for Marcus Hotels & Resorts tells GlobeSt.com that the key to quick profitability is to identify the market and then marry the needs to the hotel. Hool says that Compaq’s corporate headquarters, situated less than a mile away, will be a major business target. Hool also feels the strength of the Hilton brand will help the new hotel. The six-story hotel also will feature a 5,000-sf conference area, which Hool anticipates will be a prime attraction for nearby businesses such as the Methodist Health Care System facility.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.