NewcrestImage Begins Construction of 121-key Homewood Suites by Hilton in Katy, Texas

August 6, 2014 — Named the “Energy Capital of the World” due to its strongly established, and consistently viable oil and gas market, Houston continues to see increased demand for rooms, especially within the extended stay segment. Many regions of the city – including Katy – have seen occupancy figures rise to pre-recession levels or above this year, and the hotel and lodging outlook for the market as a whole is highly positive.