Courtyard by Marriott Houston Springwoods Village, Texas Opens

SPRING, Texas - July 29, 2016 - PRLog -- Woodbine Development Corporation and InterMountain Management are pleased to announce the opening of a new 125-room Courtyard by Marriott in Spring, Texas. The hotel is located in the new community of Springwoods Village, a 2,000-acre planned community situated just south of The Woodlands and 20 miles north of downtown Houston.

"We are very happy to have completed Courtyard by Marriott, our second project in Springwoods Village," said King Scovell, Woodbine's vice president of development. "It's been rewarding to be an integral part of the development of this unique community."

Located next to the Residence Inn Houston Springwoods Village in City Place, the Courtyard is a convenient location for ExxonMobil, Southwestern Energy, Deloitte, Accenture and CHI St. Luke's hospital travelers alike. The tech-enabled rooms provide the necessary amenities for the corporate traveler to get work done, and the hybrid design offers a seamless transition from work to relaxation. The modern lobby provides ample space to relax and socialize in a visually stimulating atmosphere and includes media pods, complimentary WiFi and a variety of seating zones. The hotel's Bistro Restaurant is the first restaurant in Springwoods Village. It is open for breakfast and dinner and offers a full bar during dinner. The four-story hotel also features a heated outdoor saline pool, fitness center and 1,000 sq. ft. of meeting space to accommodate functions of up to 45 people.

"We are excited to introduce our beautifully-designed Courtyard to the rapidly growing Springwoods Village area," said General Manager Melanie Sutton. "Our skilled and friendly staff looks forward to serving our guests and the community at our Bistro, which offers you the opportunity to eat, drink, and connect."

Springwoods Village is a $10 billion, 1,800-acre sustainable master-planned community coming to life in Spring, Texas, just south of The Woodlands and 20 miles north of downtown Houston. Located at the confluence of I-45, the Hardy Toll Road, and the Grand Parkway, the nature-inspired residential and commercial community will provide diverse housing options, civic facilities, outdoor recreation and a 60-acre CityPlace with office space, shopping, dining and lodging in an urban, walkable environment.

"Thanks to the ExxonMobil campus, Southwestern Energy's headquarters and CHI St. Luke's hospital, Springwoods Village has become a significant employment center in north Harris County, stimulating a new hotel submarket in the area," said Keith Simon, executive vice president of CDC Houston. "Courtyard by Marriott is the second hotel in our community, reflecting our strategy to provide a range of hotel properties at different price points and with different levels of service, all within a walking distance to work, dining, retail and recreation facilities."

ABOUT WOODBINE DEVELOPMENT CORPORATION

Woodbine is a 40-year-old, full-service real estate company focused on development, investment/acquisition and asset management opportunities across the United States. The company specializes in hotels, resorts and golf courses; multiuse land and mixed-use developments; and real estate services provided to corporations, non-profit organizations and individuals. Woodbine has been involved with more than $2 billion in commercial real estate projects, including development, ownership and/or asset management of more than 6,500 hotel rooms, 18,000 acres of land and 126 holes of championship golf. To learn more, visit: www.woodbinedevelopment.com.

ABOUT INTERMOUNTAIN

As one of North America's largest hotel management and development companies, InterMountain Management specializes in the select-service and extended-stay hotel segments. For over 30 years, InterMountain Management's dedication to success is proven in the results as a hotel owner, management company and hotel developer. They currently own and/or manage approximately 60 premium branded hotels nationwide, with an additional 30 in their pipeline. For more information, or to view hotel locations across the U.S., visit their website at www.intermountainhotels.com.

ABOUT COURTYARD BY MARRIOTT

The Courtyard by Marriott brand features hotels with a refreshing environment that helps guests stay connected, productive and balanced while traveling. Intuitive services and design accommodate guests' desire for choice and control and allow them to use the public space and guest rooms to meet all of their needs while on the road. With more than 1,000 locations in more than 40 countries, Courtyard has more locations than any other Marriott International brand. For information and reservations, visit www.marriott.com/houxp.

ABOUT CDC HOUSTON

CDC Houston, Inc. (a subsidiary of Coventry Development Corporation (New York)) is an experienced land developer with expertise in creating mixed-use urban communities that foster smart and responsible growth for commercial and residential vitality. Coventry has provided development services for mixed-use projects in New York, Colorado, Texas and Guam over its 45-year history. In 2001, the company launched RidgeGate, also a sustainable, mixed-use community, in Lone Tree, Colorado which consists of 3,500 acres. For more information on CDC Houston, Inc.'s latest project, Springwoods Village, please visit: www.springwoodsvillage.com and connect on Facebook and Twitter.