Hotel demand in Spring driven by energy growthHotel demand in Spring driven by energy growthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=4272015-07-09T15:23:00Z2015-07-09T08:15:00Z

SPRING - The burgeoning energy industry in Spring is driving demand for hotels with at least ten hospitality projects under construction or planned in the region.

Much of the hotel industry growth has been driven by the need for more conventions and conferences in the area.

Click the Hurried Hotel Pace projects map.

Three hotels have broken ground or are set to begin construction soon within the master-planned community Springwoods Village, which houses the 385-acre ExxonMobil campus and Southwestern Energy’s headquarters.

A Hyatt Place hotel is planned inside The Vintage across from Noble Energy’s headquarters.

Development in Springwoods Village is driving hotel construction activity outside the community as well.

Two hotels near I-45 and the Hardy Toll Rd. — a Hampton Inn and a Hilton Garden Inn — should be open by October 2016, according to EE Reed Construction.

With 12,000 jobs already created in Springwoods Village and more than 25,000 expected when the community is completed, the community has created a new submarket for the hospitality industry.

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Community Impact Newspaper
Houston-The Woodlands-Sugar Land
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