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 »
Below are an assortment of Source Strategies appearances in media across the state following the publication of our Second Quarter 2022 publications: Texas Hotel Performance Factbook and the Hotel Brand Report. Rooftop bar and lounge among the finishing touches on two downtown hotels set to open in OctoberSan Antonio Express-News | 09-16-2022 Where San Antonio …
Source Strategies Second Quarter 2022 Press Highlights Read More »
The Texas Appraisal Districts have completed their preliminary 2022 Hotel Tax Assessments and they indicate the largest hotel value change in Texas history. After study, Source Strategies has some important takeaways for Texas hotel owners and operators.
[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 Fourth Quarter and Year-End 2021 publications: Texas Hotel Performance Factbook, the new Texas Hotel Valuation Factbook and the Hotel Brand Report. Irving hotel firm buys historic Fort Worth buildingThe Real Deal | 04-01-2022 Austin woman struggles …
Source Strategies Fourth Quarter 2021 Press Highlights Read More »
[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 Third Quarter 2021 Texas Hotel Performance Factbook and Hotel Brand Report. The List: Boutique hotels in the Austin areaAustin Business Journal | 01-14-2022 The List: Austin-area hotelsAustin Business Journal | 01-14-2022 2022 look ahead: Will Dallas-Fort …
Source Strategies Third Quarter 2021 Press Highlights Read More »
Lodging revenues dropped $5 billion during the 2020 pandemic, but hotel tax assessments in Texas rose $90 million. The new Texas Hotel Valuation Factbook provides unprecedented insights into hotel performance and hotel valuation.
