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Banyan Investment Group acquires Marriott hotel in Houston
Transactions - JUNE 21, 2019

Banyan Investment Group acquires Marriott hotel in Houston

by Kali Persall

Banyan Investment Group, a hotel investment and management company that acquires and manages select-service hotels in the United States, has purchased the 110-room Courtyard by Marriott Houston Pearland in Texas for an undisclosed amount.

The hotel is located within Pearland Town Center, a 937,000-square-foot mixed-use development located within the south Houston marketplace. The square includes 140 specialty stores, a 234-unit apartment complex and more than 50,000 square feet of office space.

The five-story hotel is 15 minutes from NRG Stadium, home of the NFL’s Houston Texans, and within 20 minutes of the Texas Medical Center, downtown Houston and William P. Hobby International Airport.

In 2016, the rooms underwent a full renovation.

Banyan Investment Group has been listed as an Inc. 5000 member for the past six consecutive years.

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