San Antonio

Scarlett Hotel Group bought the property at 111 E. Pecan St. in 2021 and worked with InterContinental Hotels Group, marketed as IHG Hotels & Resorts, to convert it to an InterContinental hotel. - InterContinental Hotels Group

San Antonio Express-News: Luxury InterContinental hotel opens with dining options in downtown San Antonio

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The San Antonio Express-News reports on hotel development in the Pearl area north of downtown San Antonio. Reporter Madison Iszler reached out for some insights about the existing hotels and demand drivers in the area. The article, More hotels, including $37 million Residence Inn, to be built around Pearl, gives a solid rundown of current and upcoming development in the area. Source Strategies Senior Vice President Paul Vaughn is quoted extensively.

San Antonio Express-News: Luxury InterContinental hotel opens with dining options in downtown San Antonio Read More »

San Antonio Express-News: More hotels to be built around Pearl

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The San Antonio Express-News reports on hotel development in the Pearl area north of downtown San Antonio. Reporter Madison Iszler reached out for some insights about the existing hotels and demand drivers in the area. The article, More hotels, including $37 million Residence Inn, to be built around Pearl, gives a solid rundown of current and upcoming development in the area. Source Strategies Senior Vice President Paul Vaughn is quoted extensively.

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

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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

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

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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 »

Hotel bloodbath: What recovery could look like in SA – San Antonio Business Journal

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San Antonio hotels generated only $97.1 million in the second quarter, which beat Austin by nearly $4 million. In second quarter 2019, Austin’s hotel market generated $460 million more than San Antonio. “Clearly, the folks with the most to lose lost the most,” Vaughn said. “Austin has been riding high for years. Its collapse was

Hotel bloodbath: What recovery could look like in SA – San Antonio Business Journal Read More »

Visit San Antonio gets timely bump in funding as Austin ups competition – San Antonio Business Journal

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San Antonio hotel operators sold nearly 3% more room nights during the first quarter than they did during the same period a year ago, while overall revenue increased nearly 2% to more than $355.7 million. The Alamo City area now has about 50,000 hotel rooms, according to new hotel brand report data provided to the

Visit San Antonio gets timely bump in funding as Austin ups competition – San Antonio Business Journal Read More »

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