• Tru by Hilton Houston Cypress   

CBRE Hotels is soliciting offers to acquire the fee-simple interest in the Tru by Hilton Houston Cypress. This offering represents the unique opportunity to acquire a premium asset with minimal capital requirements in one of the most vibrant and fast-growing areas in Texas.

Investment Highlights

  • Tru by Hilton Featuring Minimal PIP - Opportunity to acquire a 2019-built, 92-room, institutional-quality, well-built asset with steel construction, Tru by Hilton that is in excellent condition with minimal capital improvements anticipated for a new ownership.
  • Prime Location - The Tru by Hilton is a short drive from the Cypress Towne Centre, retail shops, recreational area and office spaces. In addition, the Hotel is in proximity to many major area hotel demand generators, including the Memorial Hermann Hospital, the underway Houston Methodist Cypress Hospital, Houston Premier Outlet Mall and Boardwalk at Towne Lake.
  • Virtually No New Supply in the Cypress Hotel Market Pipeline - The Subject Property is the newest hospitality asset built in Cypress. The Cypress market currently has zero supply under construction or in final planning.​​​​​​​
  • Strong Revenue Trend - The Hotel has been showing an increasing revenue trend. The room revenue as of August 2023 YTD has already exceeded the same period in 2022 by 22%.​​​​​​​
  • Fast-Growing Submarket - Cypress is off Highway 290, which connects Houston to Austin and College Station. Thanks to its ideal location, the city is rapidly becoming one of the fastest growing communities in Texas. Much like the state as a whole, Cypress has a very pro-business climate that continues to attract a variety of companies, ranging from startups to established Fortune 500 corporations.
  • 2nd Fastest Growing Metro In the U.S. - Houston is the second fastest growing major metro area in the U.S. and the fifth most populated metro in the nation. The region’s population now stands at 7.34 million, seeing its largest population increase in the past six years.​​​​​​​
  • Houston Ranks No. 5 among U.S. metro market where people are moving - Houston made the biggest jump to rank No. 5 on a list of the top U.S. destinations where people are relocating. The city surpassed Austin, Dallas, and all other major Southwestern markets on the list.

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