Property type
Apartment Hotel
Owner name
Madera Residential
Location
Houston, TX

Locale Medical Center

Locale Medical Center offers upscale apartment-style accommodations with amenities like an outdoor pool, 24-hour fitness center, and rooftop terrace. Located near the Texas Medical Center, it's close to attractions like the Houston Zoo and NRG Stadium, with convenient metro access for city exploration. The furnished apartments feature fully equipped kitchens, free high-speed WiFi, and flat-screen TVs, catering to various group sizes from one to three bedrooms. Additional facilities include a 24-hour business center, meeting room, and self-parking, making it ideal for both leisure and business travelers.

Opening Year

2018

Occupancy

83%

Average Daily Rate (ADR)

$166

Revenue Per Available Room (RevPAR) Index

118%

Gross Operating Profit (GOP) Margin

67%

Premium to Unfurnished Multifamily Rent

23%

Our Impact

Enhanced Guest Experience

By integrating automated guest journeys with our Locale virtual guest support team and onsite operations teams, we achieved a guest review rating of 4.7 out of 5.

Corporate Housing Focus

Our dedicated efforts towards building base business with longer stay demand have fortified occupancy rates.

Strategic Revenue Management

We seized compression opportunities, driving ADR premiums compared to the competitive set, highlighting our ability to maximize revenue in peak times from concerts, sporting events, and conventions in the area.

Operational Efficiency

A centralized staffing model combined with a tech-enabled approach has not only streamlined operations but also significantly boosted our GOP margin to 67%, outperforming traditional hotel management models.

Our management approach has positioned Locale Medical Center ahead of its local competition, including the Intercontinental, Marriott, Hilton, Westin, Doubletree and Hilton Garden Inn.

Over the past five years, Locale Medical Center stands as a benchmark in apartment-style accommodations, thanks to our innovative and profitable management approach. We offer a model for real estate owners aiming for excellence and invite them to join us in setting new industry standards.

Trusted by industry leaders

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Craig Balsam
Owner, The Eighteen

We chose Locale to manage our Nashville short-term rental project, and we’re glad we did. They recognize that each project and owner is unique. Locale has helped us to enhance value without losing focus on creating a top level guest experience. We look forward to working with them again.

Craig Balsam
Owner, The Eighteen
1 / 3
Craig Balsam
Owner, The Eighteen

We chose Locale to manage our Nashville short-term rental project, and we’re glad we did. They recognize that each project and owner is unique. Locale has helped us to enhance value without losing focus on creating a top level guest experience. We look forward to working with them again.

Craig Balsam
Owner, The Eighteen