Ideal Opportunity for an Experienced Owner/Operator to Improve Performance and NOI Flow-Through

• The 77-key count is considered an ideal size for an experienced owner/operator.

• Per the December 2024 STR report, the hotel ranked fourth out of the five competitive hotels in terms of average daily rate (ADR) and RevPAR, and third out of five in occupancy.

• Over the last four years, the hotel has achieved an average gross operating profit (GOP) of 26.0%. Based on a selection of similar limited-service hotel operating statements, the hotel should achieve a stabilized GOP margin between 40.0% and 45.0%.

• The hotel is currently operated with a full staff, making this an ideal turn-around opportunity for an active owner/operator.

Strong Historical Revenues

• The hotel has demonstrated strong historical revenues, averaging approximately $1,114,000 (rounded) annually for the last four years.

• Rooms revenue in 2024 was $1,427,000 (rounded)—a 38.2% increase over the amount earned in 2023.

• Per the February 2025 STR data for the Houston Hobby Airport/NASA submarket, demand has risen by 13.2% over the last twelve months.

Best Western Franchise

• Best Western offers the most competitive franchise fees in the industry, allowing owners to maximize revenue.

• New franchisees benefit from an automatic franchise transfer agreement, simplifying the transition of inheriting the existing membership agreement from current ownership, which comes with the added benefit of pre-established lower royalty payments.

Recently Renovated with Minor PIP Expected

• Current ownership recently carried out a renovation of the property, including updates to the building’s exterior (paint and stucco), roof, guestrooms, and finishes.

• Given the recent renovation, a minor change-of-ownership property improvement plan (PIP) is expected.

Excellent Location Among Strong Corporate & Leisure Demand Generators

• The property benefits from a prime location on Bay Area Boulevard, near several attractions, restaurants, and entertainment venues, making it appealing to both business and leisure travelers.

• Key demand generators include the NASA Johnson Space Center, Baybrook Mall, University of Houston-Clear Lake, and Kemah Boardwalk.

• The property is situated less than two miles from the three main hospitals in Webster: HCA Houston Healthcare Clear Lake, UTMB Health Clear Lake Hospital, and Kindred Hospital Clear Lake. These hospitals serve the healthcare needs of Webster and the surrounding communities with a variety of specialized services.

Key Developments Fueling Market Expansion

• The Great Wolf Lodge resort in Webster, featuring a 95,000-square-foot indoor waterpark, opened in 2024 as part of the Flyway at Clear Creek development. It is the first Great Wolf Lodge in the Houston area and is expected to become a significant family destination.

• The Flyway at Clear Creek development is an 80-acre, mixed-use project that will include retail spaces, dining options, and entertainment venues upon full build-out, making it a vibrant hub for both residents and visitors.

• NASA and the Texas A&M University System have announced a partnership to utilize the 240-acre development known as Exploration Park, located with NASA’s Johnson Space Center in Houston. Under this agreement, Texas A&M will construct a facility aimed at advancing research and development for human spaceflight, thereby contributing to the growth of the commercial space sector.