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Banyan Investment Group acquires and will operate 110-room Courtyard by Marriott Houston Pearland in Texas

Situated in the Pearland Town Center at 11200 Broadway Street in the “Energy Capital of the World,” the five-story hotel is just 15 minutes from NRG Stadium and within 20 minutes of the Texas Medical Center, downtown Houston and William P. Hobby International Airport.

HOUSTON, TEXAS – Banyan Investment Group, an Inc. 5000 recognized hotel investment and management company that acquires and manages select-service hotels in the United States, announced that it has acquired and will operate the 110-room Courtyard by Marriott Houston Pearland in Texas.

We continue to seek institutional quality assets, such as the Courtyard by Marriott Houston Pearland, in major markets with numerous demand generators,” said Andy Chopra, founding principal and chief investment officer, Banyan Investment Group. “The hotel benefits from its location within Pearland Town Center, a popular mixed-used development with 937,000 square feet of open space location within the South Houston marketplace that includes 140 specialty stores, 234-unit apartment complex building and more than 50,000 square feet of office space. The hotel requires minimal capital expenditures, and we are confident the property will achieve its economic objectives with immediate cash flow.”

Situated in the Pearland Town Center at 11200 Broadway Street in the “Energy Capital of the World,” the five-story hotel is just 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. All guest rooms, which underwent a recent renovation in 2016, contain luxurious linens, pillow-top mattresses, complimentary high-speed Internet access, refrigerator work desk, 32-inch HDTV and microwave. The hotel also provides meeting space for up to 60 people, business center, 24/7 fitness center and outdoor pool. Guests are invited to dine at The Bistro, serving breakfast and dinner daily, or to pick up quick bites and coffee at the hotel Starbucks.

Home to some of America’s largest corporations, including Philips 66 and Sysco, Houston is well on its way to becoming the third largest city in the United States,” Chopra added. “We appreciate the economic diversity provided by South Houston’s submarkets, and Pearland particularly stood out due to its standing as the fastest growing suburb in one of the fastest growing MSAs in the country.

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Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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