Search
 
Features

Investors Target Hotels Near Expanding Refineries and Pipelines

Southwest Hospitality Management believes in the Permian Basin hotel market and is targeting sustainable brand assets such as Marriott in energy-related markets that have a low barrier to entry.

Hyatt House Houston West Energy Corridor One of the energy market hotel transactions includes the Hyatt House Houston West Energy Corridor.

HOUSTON—Despite fluctuating oil prices, hotel investors are placing capital into energy-related markets, such as west Texas and locations near the Eagle Ford Shale. CBRE expects hotel transactions within energy markets to become even more active as pipeline expansions across west Texas are implemented in 2019 and 2020.

As a result, the CBRE Houston hotels team closed 11 hotel transactions in the last 12 months in energy-related markets. The Houston CBRE Hotels team consists of senior vice president Michael Yu, Rahul Bijlani, vice president Dennis Drake, Manasvini Sridhar, Tyler Bean and associate Agrama Mannappperuma.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

More from this author

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.