News

Hotels in the three-county metropolitan area enjoyed strong gains in revenues and occupancy throughout 2019, according to a report.Source Strategies Inc. of San Antonio reported hotel revenues increased by 14% to about $34.3 million in 2019 compared with 2018. The occupancy rate within Longview increased in 2019 by 4.3% to 59.9%. Within the Longview metro […]

Financially speaking, Austin’s hotels collectively clobbered their bigger-city Texas rivals last year, according to a new report.The report, released March 3 by San Antonio-based hotel consulting firm Source Strategies Inc., shows hotels in the Austin metro area dominated the state’s revenue-generation leaders last year. Austin claimed 30 of Texas’ 100 highest-revenue properties, followed by Dallas-Fort

The best and highest use of the site is a hotel because of its proximity to the Texas State Capitol and the University of Texas at Austin, the property owners said. The site also doesn’t have enough space for the amount of parking that an apartment tower would require. Source: Another luxury hotel tower pitched

Longview News-Journal: Revenues grew at a percentage rate higher than the state average for Longview-area hotels during the third quarter compared with a year ago, and the occupancy rate increased, too, according to a report issued by a hotel consultancy firm. Source Strategies Inc. of San Antonio said revenues were up 13.8% for the Longview

The Houston Chronicle: The Marriott between NRG Stadium and the Texas Medical Center reopened its doors last week, boasting a new lobby bar, an updated exterior and rehauled bathrooms, the result of a $6 million renovation. Across town, the owner of the Hilton Houston North in Greenspoint announced it would spend $35 million stripping its

Culture Map Austin: Austin’s hotel market continues to thrive. A report released December 3 by San Antonio-based hotel consulting firm Source Strategies Inc. gives Austin the title for the Texas market with the most hotels among the state’s top 30 moneymakers. At the top of the hotel heap in Austin was Lake Austin Spa Resort, with revenue

Culture Map Dallas: A Dallas luxury hotel remains the king of lodging revenue generators in Texas. A report released December 3 by San Antonio-based hotel consulting firm Source Strategies Inc. found that The Ritz-Carlton, Dallas retains its status as the No. 1 moneymaker among Texas hotels. In the third quarter of this year, the hotel posted revenue

Culture Map San Antonio: Two of Texas’ most lucrative hotels are right here in the Alamo City. A report released December 3 by San Antonio-based hotel consulting firm Source Strategies Inc. ranks Hotel Emma and the JW Marriott Hill Country Resort & Spa among the state’s top five moneymakers for the last quarter. Coming in at No.

Culture Map Houston: Only one Houston hotel cashes in among the most lucrative in Texas. A report released December 3 by San Antonio-based hotel consulting firm Source Strategies Inc. found that The Post Oak Hotel at Uptown Houston was the No. 16 moneymaker among Texas hotels last quarter. In the third quarter of this year, the

[vc_row][vc_column][vc_cta h2=”Source Strategies Chairman Bruce Walker” h4=”Expert Witness on Hotel Valuation” color=”blue” add_button=”bottom” btn_title=”Find Out More about Source Strategies’ Hotel Litigation Support” btn_color=”primary” btn_align=”center” btn_i_icon_fontawesome=”fa fa-gavel” btn_add_icon=”true” btn_link=”url:http%3A%2F%2Fsourcestrategies.org%2Fhotel-consultant-services%2Fhotel-litigation-support%2F|title:Find%20Out%20More%20about%20Source%20Stategies%20Hotel%20Litigation%20Support||”]This recently-decided case in the Court of Appeals in the Fifth District of Texas regarded the valuation of the 40-year-old Sterling Hotel in Dallas after the state took