Among the nation's largest metros, Houston ranks first nationally when it comes to the net change in renters with children–an increase of 107,000 households between 2006 and 2016, a surge of 41%.

The partnership has purchased the vacant office space in the former Gucci Building for $135 million.

Barring any black swan event(s), the near-term outlook for lodging remains very positive. Domestic and foreign investment, and institutional capital continue to be deployed into single assets and portfolios of all types and locations of US hotels.

Tech firms should play a key role in sustaining a healthy level of downtown activity.