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It’s Budget Season: Texas Hotel Performance Factbook – 2Q 2021 Available Now!

[vc_row][vc_column][vc_column_text] It’s Budget Season: The Texas Hotel Performance Factbook provides the tools to understand the past while planning for the future of your hotel. The Texas Hotel Performance Factbook is an invaluable tool your understanding of your property and your competitors as you hit budget season. While the Texas Hotel Performance Factbook typically only compares …

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Texas Hotel Performance Factbook – 2Q 2021 Available Now!

[vc_row][vc_column][vc_column_text] The Texas Hotel Performance Factbook documents the hospitality industry’s road to recover. After more than a year of historic, unprecedented revenue losses in the Texas hospitality industry, lodging demand spiked sharply in the Second Quarter across the state. Statewide industry revenues were 163% higher than Second Quarter 2020, which was the lowest point of …

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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 …

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Airbnb: Market Share Monster

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.

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

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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KXAN: Austin hotel occupancies still down by 50%

[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 …

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Source Strategies Fourth Quarter 2020 Press Highlights

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 …

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Source Strategies Third Quarter 2020 Press Highlights

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 …

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

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 …

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