The Woodlands, Texas hotel market

Montgomery County · Measured room revenue from state hotel occupancy tax filings, through May 2026.

$108.9M
Room revenue, trailing 12 months
+12.0%
vs prior 12 months
$129
Market RevPAR, TTM*
15
Hotels filing room tax
2,311
Registry rooms
-91
Rooms added YoY
5.4%
Short-term-rental share
Demand momentumHighSupply pressureContractingDemand durabilityStableSTR spilloverLowData confidenceMedium

The growth rate excludes $3.1M in flagged single-month filing anomalies at 2 properties, where an amended filing lumped restated history into one month. Revenue totals are as filed.

Quarterly hotel room revenue

state filings
$10.0M$20.0M$30.0M2017 Q1: $26,059,75520172017 Q2: $25,733,2392017 Q3: $25,296,8552017 Q4: $24,862,9062018 Q1: $28,046,42720182018 Q2: $28,127,5432018 Q3: $24,591,5412018 Q4: $22,292,2052019 Q1: $26,703,98520192019 Q2: $28,892,6962019 Q3: $25,713,4322019 Q4: $23,514,5652020 Q1: $19,993,45720202020 Q2: $4,397,9432020 Q3: $11,104,7292020 Q4: $10,304,2552021 Q1: $12,602,64720212021 Q2: $19,552,2812021 Q3: $20,829,3182021 Q4: $16,526,2262022 Q1: $16,374,61420222022 Q2: $23,517,5492022 Q3: $18,427,6902022 Q4: $20,558,8682023 Q1: $21,444,41820232023 Q2: $24,767,9422023 Q3: $22,250,9322023 Q4: $21,363,4052024 Q1: $21,877,90320242024 Q2: $25,339,5102024 Q3: $24,791,7062024 Q4: $22,674,1942025 Q1: $22,481,60820252025 Q2: $24,731,2962025 Q3: $21,085,2412025 Q4: $29,033,5042026 Q1: $27,613,8072026$27.6M

Room receipts reported by The Woodlands hotels to the Texas Comptroller, summed by calendar quarter so monthly and quarterly filers land in the same buckets. Short-term rentals are excluded and measured separately. *Market RevPAR divides trailing revenue by registry rooms x 365; registry capacity can lag renovations.

Short-term-rental share

measured
3%5%2017: 0.8% STR share'172018: 1.6% STR share2019: 2.2% STR share'192020: 4.3% STR share2021: 4.9% STR share'212022: 5.5% STR share2023: 5.3% STR share'232024: 5.1% STR share2025: 5.2% STR share'252026: 5.9% STR share (5 months)5.9%

STR share of all measured lodging revenue: platform remittances (Airbnb, Vrbo, Vacasa) plus individually permitted hosts and rental managers. Open dots are partial years.

Hotels in The Woodlands

20 filing locations
20 hotelsCombined TTM $108.9MMedian $/key $23kMedian YoY -27.4%
HotelBrand familyRoomsFY2025 revenueTTM revenue$/keyYoY
The Woodlands Waterway Marriott Hotel & Conv CtrMarriott345$23.4M$24.1M$70k+1.1%Screen
The Woodlands ResortIndependent402$24.1M$14.1M (7mo)Screen
The Woodlands Resort, Curio Collection By HiltonnewHilton402$954k (1mo)$11.4M (6mo)Screen
The Westin At The WoodlandsnewMarriott302$1.3M (1mo)$11.1M (6mo)Screen
Embassy SuitesHilton205$13.4M$7.9M (7mo)Screen
Embassy Suites The Woodlands At Hughes LandingnewHilton205$915k (1mo)$7.0M (6mo)Screen
Residence Inn Houston The Woodlands Lake Front CirMarriott90$2.9M$6.2M$69kScreen
Hyatt _market Street The WoodlandsHyatt70$5.5M$5.7M$81k-2.2%Screen
Residence Inn Houston The Woodlands/Mkt StMarriott96$5.3M$5.4M$56k+1.8%Screen
Courtyard Houston The WoodlandsIndependent90$3.4M$3.6M$40k+15.9%Screen

Every hotel and motel filing state room tax in The Woodlands, ranked by trailing-12-month reported receipts. Brand and tier are read from the filing name; $/key divides TTM revenue by registry rooms. Quarterly filers report at quarter granularity, so their trailing windows can lag by up to two months.

Supply pipeline

measured + verified reports
Registry rooms 2,311Added YoY -91New filing locations 3
Began filingThe Woodlands Resort, Curio Collection By Hilton · 402 keys · first filings within the trailing year
Began filingThe Westin At The Woodlands · 302 keys · first filings within the trailing year
Began filingEmbassy Suites The Woodlands At Hughes Landing · 205 keys · first filings within the trailing year

Measured entries come from state tax registrations (a hotel appears when it starts filing room tax). Named pipeline entries are individually verified against reporting or the TDLR construction registry; room counts are never estimated.

Hotels vs short-term rentals

measured · state filings
YearHotel revenueSTR revenueSTR share
2026 (5mo)$51.2M$3.2M5.9%
2025$97.3M$5.3M5.2%
2024$94.7M$5.0M5.1%
2023$89.8M$5.0M5.3%
2022$78.9M$4.5M5.5%
2021$69.5M$3.6M4.9%
2020$45.8M$2.0M4.3%
2019$104.8M$2.3M2.2%
2018$103.1M$1.6M1.6%
2017$102.0M$814k0.8%

Short-term-rental revenue combines platform remittances (Airbnb, Vrbo and similar file one aggregate per city) and individually permitted hosts and rental managers. Revenue is measured; listing counts are not derivable from tax filings.

Montgomery County context

Census ACS + CBP
Population (2023)654,722 · +38.7% since 2013
Median household income$97,266 · was $67,766 in 2013
Median age37.2
Health care and social assistance27,867 employed · 1,667 establishments
Accommodation and food services27,548 employed · 1,207 establishments
Construction15,573 employed · 1,490 establishments
Professional, scientific, and technical services13,164 employed · 2,018 establishments

American Community Survey 5-year estimates and County Business Patterns, county level. Employment counts are private-sector payroll establishments.

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A screening turns one property's public record into a cited report: monthly revenue back to 2017, ownership and franchise research, competitive set, hazard history, and the market context on this page. New accounts get 3 free screenings.

Search The Woodlands hotels

Methodology. Measured from TX Comptroller hotel occupancy tax filings. Corporate housing operators, condo/HOA rental regimes, RV parks, and vacation-rental managers are classified out of the hotel universe by name; hand corrections via override_class win over the computed class. Self-reported and unaudited; amended filings restate history. Registry room capacity can lag renovations. Growth figures need full 12-month coverage in both years; partial-coverage locations show revenue but no growth rate. Quarterly filers are included at quarter granularity: their trailing windows can lag monthly filers by up to two months. Market growth rates substitute a typical month for detector-flagged single-month filing anomalies (amended filings lumped into one month); raw revenue totals stay as filed. Registry room counts that are impossible for the building (a re-registered permit filing 18,872 units against 188) fall back to the last plausible count filed at the same address, or are withheld from room totals when no such filing exists. Room and hotel counts are per building: when a hotel changes filing entities, its co-located registrations count once, at the most recently seen plausible room count, while revenue sums across every filer. Platform rows are city-level aggregates remitted by booking platforms (Airbnb, Vrbo/HomeAway, and similar) under marketplace agreements; they carry real revenue but placeholder unit counts, so listing counts are NOT derivable from this data. Individual-filer figures capture hosts with their own tax permits plus vacation-rental managers and condo rental programs classified by name (one manager can file many locations under one permit); corporate housing operators and RV parks are excluded from both sides. A host who files individually may also have some bookings remitted by a platform, so minor double counting is possible. The small-property heuristic (<=4 units) can misclassify tiny B&Bs or motels. All figures are self-reported, unaudited, and restated by amended filings. Figures are our interpretation of public state records and are not a valuation or investment advice.

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