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The Woodlands, Texas
Residence Inn by Marriott
An all-suite Marriott extended-stay hotel anchoring The Woodlands corporate base.
Role
GP
Status
CURRENT
Brand
Residence Inn by Marriott
Architect
Marriott Prototype
Vintage
2017
The Investment
Considered from site through stewardship.
Capitalization
Ground-Up Development
The Residence Inn in The Woodlands is the extended-stay companion to Dabu Group's Courtyard asset, sharing services and back-of-house infrastructure to deliver superior operating margins across the dual-brand campus.
The property generates an outsized share of demand from project-based engineering and energy assignments, which carry longer length of stay and higher ADR than the comp set.
Dabu Group continues to own and asset-manage the property on a long-hold basis.
By the Numbers
90
Keys
Extended Stay
Segment
112
ADR Index
Long-term
Hold
