KWTX-TV News 10 in Waco also reports that the lodging market in Waco is through the roof noting that the metro led the state in hotel occupancy in the Second Quarter of 2018! The short article notes that Waco occupancy has risen 7.1% over Second Quarter 2017.
The report, Waco: Hotels Are Staying Busy, draws from second quarter data supplied by Source Strategies, Inc., the leading hotel consultants in Texas. The article quotes a Waco official about Waco’s current boon:
“Hotel stays are important for Waco’s economy,” said Carla Pendergraft, director of Marketing for the Waco Convention & Visitors Bureau.
“The hotel sector reported $86,544,429 in revenues in 2017,” she said.
Naturally, the article name-drops Baylor University and the increasingly popular Magnolia Market. The piece also notes upcoming hotel development:
Seven new hotels with a total of 795 rooms are in the works.
A Hilton Garden Inn is scheduled to open next month.
Source Strategies’ Hotel Brand Report for the second quarter of 2018 has all of the details for the Waco metro and all other areas of Texas.
Read the full article, Waco: Hotels Are Staying Busy, at KWTX.com.