HOUSTON, TX, November 14, 2025: HVS Brokerage & Advisory announces the sale of the 122-key Hampton Inn & Suites by Hilton Houston Sugar Land, located at 218 Promenade Way Sugar Land, Texas, 77478.
The hotel asset, built in 2021, was purchased by Royal Hotel Group, LLC, based in Spring, Texas, from Avalon Sugar Land Hospitality LLC, based in Sugar Land, Texas.
Aniel Verma, Principal of Avalon Sugar Land Hospitality LLC, commented, "Our priority was to secure a buyer who could close seamlessly. The HVS team swiftly launched an effective listing that generated more than 20 property tours and 11 offers from buyers nationwide. HVS’s listing dashboard is an excellent tool that kept me informed throughout the process and greatly supported my decision‑making."
The property benefits from its strategic location just off State Highway 6, between Interstate 69 and U.S. Highway 90 Alternate. This location provides an attractive environment for visitors given its numerous retail and dining options, as well as sports and leisure-related facilities. Excellent highway access to The Galleria/Uptown area and Downtown Houston provides an opportunity for this submarket to expand its capture of Greater Houston lodging demand. The property is located near a multitude of corporate demand drivers, including SLB, Champion X, Accredo Packaging, HCSS, Texas Instruments, Baker Hughes, Bluebonnet Nutrition Corporation, and Crown beverage packaging. Leisure demand generators include Sugar Land Town Square, Houston Museum of Natural Science at Sugar Land, Smart Financial Centre, Constellation Field, and events at the Fort Bend Epicenter.
James Rebullida, Senior Vice President of HVS Brokerage & Advisory, noted, "This sale resulted from a strong execution by our team that exceeded expectations. The situation was complex, with the owner in Chapter 11 bankruptcy, but we ran a disciplined marketing process that produced eleven offers. We then advanced the top bidders to a courtroom auction, where the property sold for 117% of the opening bid. The winning bidder posted a 10% non‑refundable earnest money deposit on day one of the PSA, purchased the hotel in cash, and closed in under 45 days."
HVS Brokerage & Advisory team members Eric Guerrero, James Rebullida, Fadi Rawashdeh, Kyle Peterek, and Daneen Godinet participated in this transaction.
Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620
The hotel asset, built in 2021, was purchased by Royal Hotel Group, LLC, based in Spring, Texas, from Avalon Sugar Land Hospitality LLC, based in Sugar Land, Texas.
Aniel Verma, Principal of Avalon Sugar Land Hospitality LLC, commented, "Our priority was to secure a buyer who could close seamlessly. The HVS team swiftly launched an effective listing that generated more than 20 property tours and 11 offers from buyers nationwide. HVS’s listing dashboard is an excellent tool that kept me informed throughout the process and greatly supported my decision‑making."
The property benefits from its strategic location just off State Highway 6, between Interstate 69 and U.S. Highway 90 Alternate. This location provides an attractive environment for visitors given its numerous retail and dining options, as well as sports and leisure-related facilities. Excellent highway access to The Galleria/Uptown area and Downtown Houston provides an opportunity for this submarket to expand its capture of Greater Houston lodging demand. The property is located near a multitude of corporate demand drivers, including SLB, Champion X, Accredo Packaging, HCSS, Texas Instruments, Baker Hughes, Bluebonnet Nutrition Corporation, and Crown beverage packaging. Leisure demand generators include Sugar Land Town Square, Houston Museum of Natural Science at Sugar Land, Smart Financial Centre, Constellation Field, and events at the Fort Bend Epicenter.
James Rebullida, Senior Vice President of HVS Brokerage & Advisory, noted, "This sale resulted from a strong execution by our team that exceeded expectations. The situation was complex, with the owner in Chapter 11 bankruptcy, but we ran a disciplined marketing process that produced eleven offers. We then advanced the top bidders to a courtroom auction, where the property sold for 117% of the opening bid. The winning bidder posted a 10% non‑refundable earnest money deposit on day one of the PSA, purchased the hotel in cash, and closed in under 45 days."
HVS Brokerage & Advisory team members Eric Guerrero, James Rebullida, Fadi Rawashdeh, Kyle Peterek, and Daneen Godinet participated in this transaction.
About HVS Brokerage & Advisory
The Brokerage & Advisory division is a specialized group within HVS that offers services related to investment sales and capital markets, focused exclusively on the hospitality industry. With a global footprint and over 35 offices nationwide, HVS’s hospitality intelligence and extensive expertise will help you achieve the results you want.Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620