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Context
What happened: Chip and Joanna Gaines opened Hotel 1928 in downtown Waco, Texas in November 2023, converting a 100-year-old building into a boutique hotel with 33 rooms, two restaurants, and a cafe.
Key numbers: Opened November 2023. Three floors, 33 bedrooms, two restaurants, one cafe. Five room types. One Michelin Key awarded in September 2026. Rates from $384 to $2,923 per night as of October 2026.
Why it matters: The property earned a Michelin Key and a spot on Southern Living's best new hotels in the South list for 2025, and Joanna Gaines called the award an honor.