Research Hotel Partners, L.P., has purchased a 4.3-acre site at the intersection of Research Forest Drive and Grogan’s Mill Road for construction of a Hyatt Place® Hotel, according to Dan Leverett, vice president of commercial for The Woodlands Development Company. The hotel will be developed by New Horizons Hospitality.

The new hotel will include 150 guestrooms and suites along with 6,000 square feet of banquet and meeting space. Hyatt Place® hotels cater to business travelers as well as families, and are also well suited to serve small corporate meetings. Signature features include The Gallery, which offers a coffee and wine bar, plus TV den and e-room with free computer and printer access; a 24/7 guest kitchen with freshly prepared snacks and entrees; and daily complimentary continental breakfast.
Source: TWT

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