News Archives - Page 3 of 9 - Source Strategies

Source Strategies First Quarter 2021 Press Highlights

[vc_row][vc_column][vc_column_text] Below are an assortment of Source Strategies appearances in media across the state following the publication of our First Quarter 2021 Texas Hotel Performance Factbook and Hotel Brand Report. Economic recovery continues as Austin metro regains thousands of hospitality jobsAustin Business Journal | 06-23-2021 Dallas-Fort Worth hotels still bleeding revenue after COVID’s gut punchDallas […]

Source Strategies First Quarter 2021 Press Highlights Read More »

Airbnb: Market Share Monster

News / Paul Vaughn

2020 was not exactly the type of year we will look back on fondly. However, based on First Quarter 2021, Airbnb could point to the pandemic as the starting point of exponential growth. While the rest of the state has largely suffered, Airbnb has increased its revenue and market share.

Airbnb: Market Share Monster Read More »

SA Express-News: San Antonio-area hotels off I-35 were winners in first quarter

News / Paul Vaughn

San Antonio-area hotels off I-35 were winners in first quarter From the San Antonio Express-News (may 26, 2021): The conventional wisdom — that San Antonio’s glitzier downtown hotels are the region’s busiest money-makers — didn’t hold up. Paul Vaughn, senior vice president at Source Strategies, said properties off I-35 are popular with itinerant workers and

SA Express-News: San Antonio-area hotels off I-35 were winners in first quarter Read More »

KXAN: Austin hotel occupancies still down by 50%

News / Paul Vaughn

[vc_row][vc_column][vc_column_text] Hotel occupancies in Austin still down by 50%, but prices stay high for big events From KXAN Austin: The lack of business travel is also hitting home, according to travel experts. “Austin revenues for the lodging market are down 46% still,” said Paul Vaughn, senior vice president for Source Strategies. Source Strategies, a San

KXAN: Austin hotel occupancies still down by 50% Read More »

Source Strategies Fourth Quarter 2020 Press Highlights

News / Paul Vaughn

Below are an assortment of Source Strategies appearances in media across the state following the publication of our Fourth Quarter 2020 Texas Hotel Performance Factbook and Hotel Brand Report. New hotel management company has an eye on Dallas-Fort Worth propertiesDallas Business Journal | 03-17-2021 This Dallas luxury hotel made more money than most Texas lodgings

Source Strategies Fourth Quarter 2020 Press Highlights Read More »

Source Strategies Third Quarter 2020 Press Highlights

News / Paul Vaughn

Below are an assortment of Source Strategies appearances in media across the state following the publication of our Third Quarter 2020 Texas Hotel Performance Factbook and Hotel Brand Report. Hotel Granduca purchased by California hospitality groupAustin Business Journal | 12-23-2020 Year in review: Houston’s hospitality industry battered by Covid-19’s financial falloutHouston Business Journal | 12-22-2020

Source Strategies Third Quarter 2020 Press Highlights Read More »

Boerne Mayor Tim Handren says city’s resiliency proving invaluable in pandemic – San Antonio Business Journal

News / Paul Vaughn

Source Strategy Inc.’s Paul Vaughn said Boerne hotels experienced a nearly 14% revenue increase in the third quarter of 2020 compared to the same period a year ago. Occupancy in Boerne hotels averaged 51% in the quarter — well above the state average of 45.5% and San Antonio’s 41.6% performance. Source: Boerne Mayor Tim Handren

Boerne Mayor Tim Handren says city’s resiliency proving invaluable in pandemic – San Antonio Business Journal Read More »

COVID continues to clobber hotel revenues in Dallas, report says – Dallas Business Journal

News / Paul Vaughn

Dallas-Fort Worth hotel occupancy in the third quarter of this year fell almost 27 points to 38.2 percent compared to the same period a year ago — the lowest occupancy in the state’s major metros. Daily rates fell 19.7 percent to $87.13 for the quarter. Revenue per available room in DFW dropped by more than

COVID continues to clobber hotel revenues in Dallas, report says – Dallas Business Journal Read More »

Hyatt Place in N. Austin sells at auction; Deal brokered by CBRE, Ten-X – Austin Business Journal

News / Paul Vaughn

The average value decline for hotels has been about 20%, according to CBRE. The steepest declines have been in high-end properties. That matches up with data from San Antonio-based Source Strategies Inc., which reported Dec. 3 that revenue at Texas hotels in the third quarter was down more than 40% from a year prior. In

Hyatt Place in N. Austin sells at auction; Deal brokered by CBRE, Ten-X – Austin Business Journal Read More »

Fort Worth hotels saw Texas’ fourth biggest revenue drop during COVID – CultureMap Fort Worth

News / Paul Vaughn

A report released September 15 by Texas hotel consulting firm Source Strategies Inc. shows hotel revenue in the Fort Worth-Arlington area plunged 70 percent in the second quarter of this year versus the second quarter of last year. The occupancy rate sank to 31.1 percent, down from 65.9 percent in the second quarter of last

Fort Worth hotels saw Texas’ fourth biggest revenue drop during COVID – CultureMap Fort Worth Read More »

News

Source Strategies First Quarter 2021 Press Highlights

Airbnb: Market Share Monster

SA Express-News: San Antonio-area hotels off I-35 were winners in first quarter

KXAN: Austin hotel occupancies still down by 50%

Source Strategies Fourth Quarter 2020 Press Highlights

Source Strategies Third Quarter 2020 Press Highlights

Boerne Mayor Tim Handren says city’s resiliency proving invaluable in pandemic – San Antonio Business Journal

COVID continues to clobber hotel revenues in Dallas, report says – Dallas Business Journal

Hyatt Place in N. Austin sells at auction; Deal brokered by CBRE, Ten-X – Austin Business Journal

Fort Worth hotels saw Texas’ fourth biggest revenue drop during COVID – CultureMap Fort Worth

Quick Links

Endorsed by the
Texas Hotel & Lodging Association