CORPORATE AND BUSINESS GROWTH IN SPRING: Spring, Texas, located just north of Houston, offers a unique investment opportunity for hotel development due to its growing corporate presence, world-class healthcare facilities, and expanding leisure and retail destinations. As part of the Houston metropolitan statistical area (MSA), which has surpassed 7.2 million people and is projected to exceed 2.7 million by 2030, Spring benefits from Houston’s economic strength and global connectivity. This makes Spring an attractive, high-demand market for both extended stays and leisure travel, with continued growth expected in the region.
KEY BUSINESS PLAYERS DRIVING DEMAND FOR LODGING: Spring, TX, is strategically positioned to benefit from its proximity to Houston and The Woodlands, both thriving corporate hub that hosts numerous headquarters and major employers across industries like energy, technology, healthcare, and finance. This includes ExxonMobil’s massive Houston Campus just 1.7 miles away, Hewlett Packard Enterprise (HPE) at 1.9 miles, Halliburton Intelligent Completions (1.6 miles) and Chevron Phillips Chemical (3.6miles) in The Woodlands. Other prominent corporations, such as Huntsman Corporation (3.2 miles), Woodforest National Bank (approximately 5 miles), Entergy Texas (4.2 miles), Lexicon Pharmaceuticals (5.7 miles), and Kraton Corporation (3.4 miles), also have headquarters in The Woodlands, creating a robust demand for business travel accommodations. The area’s corporate activity is complemented by the presence of Sanofi and LyondellBasell in nearby Houston. This concentration of global and regional companies ensures a steady influx of business travelers seeking convenient lodging options.
HEALTHCARE SECTOR AS A KEY DEMAND DRIVER: Spring also benefits from its proximity to some of the top healthcare facilities in the Houston area, which further enhances its appeal to hotel investors. Renowned medical centers such as Memorial Hermann The Woodlands Medical Center (4.2 miles), HCA Houston Healthcare North Cypress (23 miles), St. Luke’s Health–The Woodlands Hospital (6.3 miles), Texas Children’s Hospital The Woodlands (5.9 miles), and Houston Methodist The Woodlands Hospital (6.7 miles) attract medical professionals, patients, and their families from across the region and beyond. The ongoing expansion of healthcare facilities in Spring ensures sustained demand for accommodations catering to long-term stays, medical tourism, and visiting family members. The region’s growing medical sector adds another layer of stability and opportunity for hotel investment.
TOURISM AND EVENT DEMAND DRIVING HOTEL POTENTIAL: Spring’s prime location, surrounded by top leisure, retail, and event attractions, ensures strong tourism demand. Major venues like Cynthia Woods Mitchell Pavilion (3.7 miles), which hosts over 17,000 attendees for concerts and events, and shopping destinations such as The Woodlands Mall (3.5 miles), Market Street (3.8 miles), and Woodlands Waterway (3.6 miles) draw millions of visitors annually. The area’s proximity to Houston’s world-class museums and the Space Center further boosts its appeal. Additionally, the nearby Scrap Yard Sports complex (5.3 miles), with 16 all-turf fields for baseball, softball, and other sports, supports year-round sports tourism. The upcoming FIFA World Cup 2026, hosted by Houston, will significantly increase tourism in the area, creating a surge in demand for accommodations. The hotel’s close proximity to popular wedding venues, including The Peach Orchard (2.3 miles), Grand Oaks Venue & Events (7.6 miles), Oak Tree Manor (8.0 miles), and Wild Stallion Vineyards (9.6 miles), offers steady demand from wedding guests and bridal parties. Together, these factors create a strong, consistent need for accommodations in the area.
PROXIMITY TO HOUSTON’S MAJOR DEMAND GENERATORS: Spring’s location just outside of Houston provides access to the city’s key economic drivers, including its dynamic sports scene, which attracts large numbers of out-of-town visitors. Venues like Toyota Center (seating 18,000), home to the NBA’s Houston Rockets, Minute Maid Park (seating 41,168), home to the MLB’s Houston Astros, NRG Stadium (seating 72,220), home to the NFL’s Houston Texans, and Shell Energy Stadium (seating 22,039), home to Houston Dynamo FC (MLS) and the Houston Dash (NWSL), consistently host major events, contributing to the year-round demand for accommodations in the region. Moreover, Houston’s status as the Energy Capital of the World, home to the Houston Ship Channel and numerous Fortune 500 companies, ensures that Spring will continue to benefit from the city’s economic activity, drawing both business and leisure travelers to the area.
FAIRFIELD INN & SUITES: A STRONG INVESTMENT OPPORTUNITY: Fairfield Inn & Suites, part of Marriott’s portfolio, offers a prime investment opportunity with its modern amenities and focus on guest satisfaction. Known for complimentary breakfast, flexible workspaces, and free WiFi, the brand caters to both business and leisure travelers. The Hotel’s RevPAR penetration index of 105% for 2024 and 106% over the next five years provides significant benefits for buyers, including increased room revenues, capital for renovations, and improved cash flow and operational efficiency.
