Culture Map Houston: Tilman Fertitta’s luxe hotel among most lucrative in Texas

Culture Map Houston:

Only one Houston hotel cashes in among the most lucrative in Texas. A report released December 3 by San Antonio-based hotel consulting firm Source Strategies Inc. found that The Post Oak Hotel at Uptown Houston was the No. 16 moneymaker among Texas hotels last quarter.

In the third quarter of this year, the hotel posted revenue per available room per day (RevPAR) of $206.04, up substantially from $118.17 in the third quarter of 2018. A year ago, the property ranked 235th for RevPAR in Texas. The hotel, owned by Houston billionaire Tilman Fertitta, opened in the spring of 2018.

Read the full article “Tilman Fertitta’s luxe hotel checks in among most lucrative lodging in Texas” at Culture Map Houston.