Guests in San Antonio are checking in to one of the most profitable hotels in the state, experts say. A new report from San Antonio-based hotel consulting and research firm Source Strategies Inc. indicates nine of last year’s top 100 Texas hotels for revenue per available room (RevPAR), a key metric of financial performance in […]
Downtown hotels’ revenue per available room per night — a key indicator of hotels’ performance — averaged $116.99 last year, blowing past the San Antonio metro area’s average of $67.33. Hotel occupancy followed a similar trend, according to data provided by Source Strategies, a San Antonio-based hotel consulting company. Source: Blighted downtown San Antonio building
Blighted downtown San Antonio building to become 47-room hotel – ExpressNews.com Read More »
Not the headline we would have used, as these hotels earned more Revenue Per Available Room Per Night (REVPAR), not “more revenue”. That said, Dallas has some high-performing hotels! Guests in Dallas are checking in to some of the most profitable hotels in the state, experts say. A new report from San Antonio-based hotel consulting and research firm
These Dallas hotels earned more revenue than most others in Texas – CultureMap Dallas Read More »
Guests in Houston are checking in to some of the most profitable hotels in the state, experts say. A new report from San Antonio-based hotel consulting and research firm Source Strategies Inc. indicates seven of last year’s top 100 Texas hotels for revenue per available room (RevPAR), a key metric of financial performance in the hotel industry, were
These Houston hotels check in among the most lucrative in Texas – CultureMap Houston Read More »
Hotel revenues and their occupancy rates went up in the Longview market in 2018, according to a report issued recently by Source Strategies. Hotel revenues increased by 7.9 percent in the Longview market and 7.8 percent within the city from 2017 to 2018, reported Source Strategies, a hotel consultancy in San Antonio. The occupancy rate
The City Manager of Mineola recently contacted Source Strategies to look into the feasibility of building a limited service hotel in the northeast Texas community. Source Strategies, Inc. authors more than 100 financial feasibility studies for hotels every year, with banks and developers depending on them to assess the value of a potential project. Four
Feasibility Study: Hotel Development Opportunity in Mineola, Texas Read More »
KWTX-TV News 10 in Waco also reports that the lodging market in Waco is through the roof noting that the metro led the state in hotel occupancy in the Second Quarter of 2018! The short article notes that Waco occupancy has risen 7.1% over Second Quarter 2017. The report, Waco: Hotels Are Staying Busy, draws
KWTX: Waco Hotels are Staying Busy Read More »
KTRE in Waco reports that the lodging market in Waco is booming noting that the metro led the state in hotel occupancy in the Second Quarter of 2018! The feature went on to discuss several factors leading to the Waco Hotel Occupancy numbers. In the article Waco tops state for hotel occupancy rate, reporter Estephany Escobar
KTRE: Waco Hotel Occupancy Rate Tops State Read More »
The Eagle reported on the rising level of supply and demand in Bryan-College Station lodging market, building on findings from Source Strategies’ Hotel Brand Report for the second quarter of 2018. Revenue growth and occupancy in the metro’s lodging sector were both above the state average in the period. As noted in the article Officials
The Eagle: Hotel demand, supply both on the rise for Bryan-College Station Read More »
The Fort Worth Business Press reports on hotel projects that are planned or under construction for the city. The article Guest Service: Fort Worth looking to grow downtown hotel offerings outlines how downtown Fort Worth has become a magnet for hotel developers. The Fort Worth Convention & Visitors Bureau conducted a study noting how the
Fort Worth looking to grow downtown hotel offerings Read More »
