Paramount Lodging Advisors Successfully Transacts at the William P. Hobby International Airport With the Sale of the Drury Inn & Suites

Paramount Lodging Advisors | January 16, 2020

Houston, TX -  Paramount Lodging Advisors (PLA) has successfully executed the transaction of the Drury Inn & Suites located at the William P. Hobby International Airport (Hobby) in Houston, TX.  Managing Director Kami Burnette, Sr. Managing Director Adam Montufar and Associate Lora Simpson represented Drury Development Corporation in the transaction. The 133-room upper-midscale hotel is ideally located off of Interstate 45 proximate to Hobby.  GreenTree Inns purchased the hotel as part of their strategy to acquire and rebrand well-located hotels in major metros. “The transaction was relatively seamless and we were pleased to e...