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American Liberty Hospitality (ALH) and Escalera Capital have teamed up to buy the Hilton Houston Westchase Hotel at 9999 Westheimer Road.

The 297-room full-service hotel currently offers a range of amenities, including the Rio Ranch Restaurant and the adjoining Rio Bar, 10,000 square feet of meeting and event space, a pool deck, and a fitness center.

The Houston Business Journal reports the company plans to invest millions of dollars in improvements to upgrade nearly every facet of the hotel. The Hilton Houston Westchase was built in 1980 and was last renovated in 2014.