Hyatt Place Dallas/Las Colinas

Highlights:

• 122 Guestrooms
• Renovated in 2015
• Good guest reviews across all booking platforms
• Tripadvisor Certificate of Excellence for 2021
• Business center
• Fitness center
• Complimentary breakfast, WIFI, & parking
• Excellent visibility and access to 114/John Carpenter Freeway
• Close proximity to President George Bush Turnpike, I-635, and I-35E
• Near Irving Convention Center
• Close to DFW International Airport
• Near the Toyota Music Factory
• Near University of Dallas

Description:

Positioned in the heart of the thriving Las Colinas Urban Center, this 122-room, six-story all-suite hotel offers a compelling opportunity for investors seeking a proven, brand-backed asset in one of North Texas's most dynamic submarkets. Located just 7.5 miles from Dallas/Fort Worth International Airport and one mile from the Irving Convention Center, the property benefits from a diverse demand mix of corporate, group, and transient leisure travelers. All 122 rooms feature premium bedding and laptop-friendly workspaces, while revenue-generating amenities include a full bar, complimentary breakfast buffet, 24-hour market, outdoor pool, and fitness center. Operating under the globally recognized Hyatt Place flag, the property plugs into the World of Hyatt loyalty ecosystem, driving consistent occupancy. With the Las Colinas corridor continuing to attract major corporate campuses and with Toyota Music Factory anchoring local entertainment demand, this asset offers stable cash flow with meaningful upside through a targeted renovation and repositioning strategy.

Strategically situated between Dallas and Fort Worth, Las Colinas is one of the most powerful corporate submarkets in the United States. Known as the "Headquarters of Headquarters," Irving boasts more Fortune 500 and Fortune 1000 corporate HQs per capita than any other city, with anchor tenants including ExxonMobil, Fluor, Celanese, Kimberly-Clark, and Caterpillar — all driving sustained weekday corporate demand. Irving-Las Colinas sits strategically between Dallas/Fort Worth International Airport and Dallas Love Field, with DFW reachable in roughly ten minutes, making it a natural stopover market for business travelers. The Irving Convention Center at Las Colinas, featuring nearly 100,000 square feet of meeting and exhibit space, anchors a mixed-use entertainment district that includes the $173 million Toyota Music Factory — an 8,000-seat Live Nation venue — generating consistent leisure and group demand. The DART Orange Line provides direct rail connectivity throughout the DFW metro, further broadening the hotel's accessible customer base and reinforcing Las Colinas as a live-work-play destination with long-term investment appeal.

Irving is home to 6 Fortune 500 Companies and home to more than 2,000 companies. Some of the major employers consist of ExxonMobil, Fluor, and Kimberly-Clark. Other companies and organizations with headquarters or major offices in Las Colinas include Abbott Laboratories, AAA-Texas, AT&T, BlackBerry, The Big 12 Conference and Conference USA Headquarters, Boy Scouts of America, Citigroup, General Motors Financial, Infor, PLH Group, Microsoft, NEC America, Nokia, Nokia Siemens Networks, Oracle, The Blaze, Accenture, Stellar, Verizon, Zale Corporation, Vizient, Inc., Cortland Partners, PNM Resources, Inc., First Choice Power, Westwood One, TRT Holdings, Inc., and Flowserve. In 2008 TXU Energy moved offices into the former TM Advertising headquarters in Las Colinas.

---

Report Listing This listing was syndicated through:

Documents: