Dallas-Fort Worth hotel occupancy in the third quarter of this year fell almost 27 points to 38.2 percent compared to the same period a year ago — the lowest occupancy in the state’s major metros. Daily rates fell 19.7 percent to $87.13 for the quarter. Revenue per available room in DFW dropped by more than […]
The Ritz-Carlton, Dallas has retained its crown as the top moneymaking hotel in Texas, according to a new report. The report, issued by San Antonio-based Source Strategies Inc., shows that based on revenue per available room (RevPAR) — a key financial indicator in the hotel industry — the Ritz-Carlton ranked as the most lucrative Texas
Not the headline we would have used, as these hotels earned more Revenue Per Available Room Per Night (REVPAR), not “more revenue”. That said, Dallas has some high-performing hotels! Guests in Dallas are checking in to some of the most profitable hotels in the state, experts say. A new report from San Antonio-based hotel consulting and research firm
These Dallas hotels earned more revenue than most others in Texas – CultureMap Dallas Read More »
The Fort Worth Business Press reports on hotel projects that are planned or under construction for the city. The article Guest Service: Fort Worth looking to grow downtown hotel offerings outlines how downtown Fort Worth has become a magnet for hotel developers. The Fort Worth Convention & Visitors Bureau conducted a study noting how the
Fort Worth looking to grow downtown hotel offerings Read More »
The Dallas Business Journal reported on the health of the area’s lodging industry and reported the good news: Metro Dallas hotel revenues were up 8.6% over the previous year. Staff Writer Korri Kezar interviewed Source Strategies’ Senior Vice President Paul Vaughn for the article: According to the Hotel Brand Report published by San Antonio hotel
Dallas Business Journal: Dallas Hotel Sales Rank First in Texas Read More »
