Destination Hotels & Resorts has announced it will manage Hotel Derek, a Houston, Texas hotel. This latest addition to Destination’s portfolio of 40 hotels and resorts across the country is a result of the company’s aggressive growth strategy in 2012 led by the newly appointed president and chief operating officer, Jamie Sabatier. Hotel Derek marks the 13th city hotel in Destination’s urban collection. Within the past 18 months, Destination Hotels & Resorts has added urban properties in Chicago, Washington, DC, Seattle and Eugene to its portfolio.
The new management comes in amidst a change of ownership; the new proprietor, Lowe Enterprise Investors, will implement a capital improvement program of at least $4.5 million to upgrade meeting space, guest rooms and the guest room corridors.
The Hotel Derek offers 314 guest rooms—including 10 suites and 16 business studio rooms—and over 10,000 square feet of meeting space.
The hotel is located in the heart of Houston’s Galleria district and adjacent to the upscale neighborhoods of River Oaks, Tanglewood, and trendy Uptown. Hotel Derek is surrounded by shopping, entertainment and dining venues.