Texas Hotel Development, Construction & Transactions

Texas remains one of the most active hotel development markets in the country, anchored by large-scale luxury projects in its major metros and steady construction across midscale and extended-stay segments statewide. Lodging Development currently tracks 209 projects totaling 29,245 rooms in various stages of planning and construction across the state. On the investment side, 11 transactions of $10 million or more have been recorded over the past two years, reflecting sustained institutional interest in Texas hotel assets.

Luxury development stands out in the current Texas pipeline. The 384-room JW Marriott Houston Downtown, developed by Pearl Hospitality, is the largest project currently tracked by Lodging Development and is now in construction. Also in the luxury segment, Dimension Hospitality is planning the 300-room JW Marriott San Antonio Riverwalk - IBC Centre, while Ashford has a 290-room JW Marriott Resort Craig Ranch in planning. In Austin, the 252-room 1 Hotel Austin Waterline, developed by Lincoln Property Company, is under construction. These four projects alone account for more than 1,200 rooms across the state's top metro areas, and they are among 209 projects and 29,245 rooms being tracked statewide.

Over the past 24 months, Lodging Development has recorded 10 hotel openings in Texas totaling 1,189 rooms. The most notable recent addition is The Monarch San Antonio, Curio Collection, a 200-room upper upscale property that opened in early March 2026. Also opening in recent weeks were the 114-room Holiday Inn Express Euless and the 94-room Hampton Inn Wharton, both in mid-April 2026. Extended-stay supply has expanded as well, with the Element North Austin Tech Ridge, Residence Inn Houston NASA/Clear Lake, LivAway Suites San Marcos, and ECHO Suites Round Rock all opening in early 2026.

Texas hotel investment activity has remained consistent, with Lodging Development recording 11 transactions of $10 million or more over the past two years. Among notable deals, T2 Hospitality LLC acquired the 193-room Aloft Downtown Dallas in October 2025, while KAMP Hotels LLC purchased the 107-room Courtyard Amarillo Downtown that same month. The 184-room Courtyard Dallas Medical/Market Center also traded in late September 2025. Because Texas is a non-disclosure state, sale prices are not publicly available for these transactions. Subscribers to Lodging Development can access additional detail on these and other deals tracked across the state.