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    What $6 Million Buys

    Galleria Hotel renovates to stand out: Snakeskin walls and concierge"personalities" are here

    Dillon Sorensen
    Jan 18, 2013 | 4:45 pm
    • On Dec. 17, 2012, Destination Hotels & Resorts started the Hotel Derek makeover,which includes significant aesthetic changes to guest room, lobby and meetingspace interiors.
      Hotel Derek/Facebook
    • Two floors of guest rooms have already been renovated, and the grand ballroom.
      Photo courtesy of Hotel Derek
    • While official plans have yet to be announced, “exciting things” will be takingplace in the restaurant and bar space, which currently houses Valentino and VinBar, the latter shown here.
      Gensler
    • The hotel is working with Dallas-based interior design firm Flick-Mars toimplement an updated look that highlights vibrant colors and new textures.
      Photo courtesy of Hotel Derek

    Hotel Derek, the Galleria-are luxury boutique hotel originally opened in 2001, is undergoing a multi-million dollar renovation and management overhaul.

    Destination Hotels & Resorts, the fifth largest hospitality management company in the United States, purchased the property last summer. On Dec. 17, the company started the Hotel Derek makeover, which includes significant aesthetic changes to guest room, lobby and meeting space interiors, and it's in full swing now.

    “It’s the only independent, boutique property in an area surrounded by chains, and we want to elevate the hotel from where it currently stands in the market.”

    “We’re onboard with a fresh perspective and assessing the potential the hotel has given its location and the type of business we have coming into the Galleria — both corporate and leisure,” Stephanie Summerall, director of sales & marketing, told CultureMap in a phone interview. “We’re utilizing that to move the hotel in a different direction.”

    The hotel is working with Dallas-based interior design firm Flick-Mars to implement an updated look that highlights vibrant colors and new textures, such as snakeskin-clad bathroom walls.

    “We’re taking the design elements up a few notches, further distinguishing Hotel Derek from other hotels in the Galleria area,” Summerall said. “It’s the only independent, boutique property in an area surrounded by chains, and we want to elevate the hotel from where it currently stands in the market.”

    In addition to interior upgrades, Destination recently implemented new service standards at Hotel Derek. A combined concierge and brand ambassador position — “Sir or Lady Derek” — has been created to further enhance the overall guest experience.

    According to Summerall, Sir or Lady Derek will provide guests with customized entertainment recommendations and act as the face of the hotel. “You’re going to have a personality there creating this vibe from the moment you arrive, who will have a specialized insight on all things Houston,” she said.

    “We plan to continually invest in the property, introducing things that are very edgy and aren’t being done anywhere else in town.”

    Destination Hotels & Resorts is spending approximately $6 million on design enhancements, which will be completed in March. Several floors of guest rooms have already been renovated.

    While official plans have yet to be announced, Summerall said that “exciting things” would be taking place in the restaurant and bar space, which currently houses Valentino and Vin Bar.

    “We plan to continually invest in the property, introducing things that are very edgy and aren’t being done anywhere else in town,” she said. “We want Hotel Derek to be the destination for people traveling in Houston, as well as Houstonians.”

    unspecified
    news/real-estate

    REAL ESTATE NEWS

    More Houston homeowners are becoming 'accidental landlords,' study finds

    Brandon Watson
    Mar 18, 2026 | 10:30 am
    For Lease Real Estate Sign Hangs in Front Yard of House
    Getty Images
    An increasing number of San Antonio homeowners are bcoming "accidental landlords"

    Houston homeowners unable to sell their properties are increasingly becoming “accidental landlords,” according to Zillow. The real estate marketplace’s newest analysis says that 4.2 percent of its local for-sale listings recently converted to rentals, making the Bayou City the second-worst U.S. city for the market trend.

    Only Denver (4.9 percent) ranks higher, with Austin (4.1 percent) and San Antonio (3.9 percent) not far behind. Seven of the top 10 metros are in Texas or Florida.

    Zillow senior economist Kara Ng says today's dynamic is driven by choice rather than panic. Homeowners aren't being forced to sell; they're simply unwilling to accept what the market will actually pay.

    "As the market continues to rebalance, sellers are facing a different reality than they did a few years ago," Ng said in a statement. "Bargaining power is tilting toward buyers, and homes are taking longer to sell, making renting out a property one way to buy time rather than compete aggressively on price. After all, today's sellers are rarely forced to sell, and it appears they are often unwilling to budge off of what their heart says their home is worth."

    Nationally, the trend is nearing a record high. 2.3 percent of all Zillow rental listings were recently for-sale properties, second only to November 2022, when mortgage rates had doubled in a single year, and sellers were scrambling. That spike was shock-driven, but now stubbornness is likely fueling the shift.

    Single-family homes make up the largest share of accidental landlord properties, but condos are seeing the fastest rise. Metros with the hottest buyer competition, including Boston, New York City, and Providence, Rhode Island, have the lowest accidental landlord rates.

    For both local buyers and sellers, Goldilocks thinking is increasingly the norm. Sellers, especially those who bought during the COVID-19 boom, are holding their asking price firm to avoid taking a loss. Buyers, for their part, are refusing to compromise on concessions and repairs.

    Meanwhile, the city's rental market keeps getting larger. In 2025, rental listings website Point2Homes placed the Houston area among the top 10 U.S. metros building the most new homes for rent.

    home marketrentinghome ownershipzillowrankingsreal estate
    news/real-estate
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