HOUSTON HAD A PROBLEM: It had a state-of-the-art convention center — the George R. Brown Convention Center — but no headquarters hotel. Without a large, 1,000-plus room hotel near the center, Houston had trouble filling it — trouble that went on for an amazing 16 years. After several failed attempts to partner with private developers, the city decided to go it alone and financed the Hilton Americas project with public funds. The hotel opened in December 2003. The investment has already ...

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