Hunter Advisors brokered the sale of the Embassy Suites by Hilton Austin Arboretum and Embassy Suites by Hilton Houston Near The Galleria, two premium-branded, all-suites hotels located in Texas. The transaction was brokered by SVP Kami Burnette and VP Mason McDavid on behalf of the seller, Ashford Hospitality Trust. The buyer is an individual investor based in Texas, and the hotels were acquired as part of a single transaction. Other terms and conditions were not disclosed.
“The transaction reflects the continued trend of regional investors recognizing the value of acquiring institutional-quality hotels with clear upside for operational efficiencies and opportunities to enhance value post renovation,” Burnette said in a statement.
The Embassy Suites by Hilton Austin Arboretum is a 150-suite, six-story hotel constructed in 1998, located just off the MoPac Expressway. The property provides access to major business, research, and leisure demand drivers, including The Domain, the J.J. Pickle Research Campus, Q2 Stadium, and the Domain. The hotel features approximately 2,030 square feet of meeting space, an on-site restaurant and bar, an indoor pool, and a fitness center. The all-suites layout gives spacious accommodations with separate living and sleeping areas designed to serve both corporate and leisure travelers.
The Embassy Suites by Hilton Houston Near The Galleria is a 150-suite, six-story hotel built in 1998 and located in Houston’s Uptown district, adjacent to The Galleria, Texas’ largest shopping and dining destination. The hotel benefits from proximity to major corporate offices, universities, cultural attractions, and Downtown Houston. Amenities include approximately 1,747-square-feet of meeting space, an on-site restaurant, an indoor pool, and a fitness center, along with an open-air atrium and spacious all-suite accommodations.
“Executing this as a single transaction required a coordinated process and targeted approach to buyer selection,” McDavid said. “By marketing the portfolio as individual sales with the option to purchase together, we were able to create scale for the buyer while maximizing execution certainty for the seller across two major Texas markets.”