Here at Source Strategies, results for the 3rd quarter of 2023 are being finalized, and we find that amongst the Top 5 Texas Metro Areas, results are mixed! We have strong results in the DFW metroplex, and the wider Houston Metropolitan Area, but San Antonio & Austin have slipped significantly versus 3rd quarter 2022 results. Looking first […]
A look into 3rd Quarter 2023 – A Mixed Bag of Candy! Read More »
It is a given that a market like the Permian, with demand so heavily influenced by the price of a barrel of oil, will see heavy fluctuations in all performance metrics. Currently, with oil prices having steadily risen over the past 3 years, including large fluctuations that have moved the price of a barrel of
Permian Basin Market History: From Rollercoaster Rides to Resilient Recovery Read More »
SAN ANTONIO (September 6, 2023) – The Texas lodging industry saw modest demand and revenue gains in the Second Quarter of 2023 as the sector enters a “normalization” period after precipitous losses during the pandemic and momentous gains during the recovery phase. Statewide revenues hit nearly $4.17 billion in the Second Quarter of 2023. This quarter’s
Hello fellow hoteliers, Running a hotel isn’t just a business; it’s a passion. Each day, your team strives to provide impeccable service, create memorable experiences, and ensure your guests feel at home. But, beyond the warm welcomes and cozy beds, a world of data-driven decisions powers your journey toward excellence. RevPAR – The Pulse of
How RevPAR and Source Data Can Empower You to Steer Your Hotel Towards Success Read More »
