Oil prices aside, the downtown hospitality market has been defined in 2016 by new construction and a handful of significant hotel renovations. A few of the new hotels pegged for downtown are the 1,000-room Marriott Marquis that's poised to help Houston land bigger conventions and the Aloft Houston Downtown that delivered earlier this fall. The Aloft is across the street from the Le Meridien, another historic hotel renovation, that should deliver in the third quarter of 2017.