Hotel and hospitality real estate in Houston
KW Commercial Texas helps investors and owners buy and sell hotel and hospitality property in greater Houston and across Texas.
What we handle
- Hotels and motels
- Hospitality investment property
Who we work with
- Owners selling hotels and motels
- Investors buying branded and independent hotels
- Operators expanding their portfolio
- Buyers of hospitality land and redevelopment sites
From first call to closing.
What working with us on hospitality property typically looks like.
Buying a hotel
- Set your criteriaBranded or independent, size, location, budget and financing.
- Find and reviewWe identify hotels and review operating history: occupancy, average daily rate and RevPAR.
- Offer and letter of intentPrice, deposit, the due diligence period and franchise approval timing.
- Due diligenceFinancial statements, property condition, the franchise agreement and any required renovations, staff, and furniture and equipment.
- Franchise approval and closingWe coordinate brand approval, financing and the closing.
Selling a hotel
- Pricing and valuation guidanceA broker opinion of value based on operating performance, brand and condition.
- Preparing the offeringFinancial statements, renovation status and franchise terms buyers will review.
- Marketing to qualified buyersOutreach to operators, investors and brokers, including KW agents abroad who work with international buyers.
- Offers and negotiationWe compare price, terms, buyer experience and certainty of closing with you.
- Due diligence and closingWe manage buyer requests, the franchise transfer or exit, and the closing.
Advice for every side of the deal.
Owners
Pricing and valuation guidance based on operating performance, marketing to qualified buyers, and representation through closing.
Investors and operators
Help finding hotels that fit your goals, and reviewing financial performance, brand requirements and condition.
Repositioning
Identifying properties where renovation, a change of brand or better management could improve performance.
Development
Evaluation of sites for new hospitality projects.
Before you buy, sell or lease.
Questions our agents work through with clients on hospitality property.
- Occupancy, average daily rate (ADR) and RevPAR
- Profit and loss statements for recent years
- Brand franchise agreement and its terms
- Required renovations (property improvement plan)
- Condition of rooms, roof and building systems
- Location, demand drivers and nearby competition
- Financing options for hospitality property
Hospitality research and guides.
Choosing a commercial property type: office, retail, industrial, land and investment
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PwC and ULIReal Estate Property Type Outlook 2026
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Houston guide · KW MemorialUnderstanding the Houston commercial real estate market: a guide for owners, investors and tenants
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Common questions.
How is hotel performance measured?
Hotels are commonly measured by occupancy, average daily rate (ADR) and revenue per available room (RevPAR), which is room revenue divided by the number of available rooms.
How are hotels valued?
Like other income property, hotels are usually valued on net operating income, with added attention to brand, management and the property's operating history.
What is a property improvement plan (PIP)?
A PIP is a list of renovations a hotel brand requires, often when a hotel is sold or its franchise is renewed. Its cost can significantly affect a hotel's price.
What is the difference between a branded and an independent hotel?
A branded hotel operates under a franchise such as a national chain and follows its standards and reservation system. An independent hotel has its own brand and more control, without franchise fees.
Is a hotel sale different from other commercial sales?
Yes. A hotel is both real estate and an operating business, so buyers review operating results, the franchise agreement, staff and furniture and equipment as well as the property.
Who handles hospitality property at KW Commercial Texas?
Search our agents page for "hospitality" to find agents and read their profiles, or call 713.470.2100 and we will connect you with the right professional.
Talk with an agent.
Search our agents by name, property type or language, or call 713.470.2100 and we will connect you with the right professional.
Let's talk about your property goals.
Tell us what you are buying, selling or leasing, and we will connect you with the right advisor.