The Four Seasons Austin once again checks in among the top moneymaking hotels in Texas, according to a new report. The classic downtown haunt joins six other Capital City hotels among the top 10. The report, issued by San Antonio-based Source Strategies Inc., shows that based on revenue per available room (RevPAR) — a key …
Boosted by the NCAA Men’s Final Four, the Valero Alamo Bowl and the city’s Tricentennial celebration, San Antonio hoteliers sold more room-nights and raked in more cash last year. Room revenue at metro-area inns jumped 9.3 percent to $1.38 billion in 2018, according to a report by Source Strategies Inc., a San Antonio-based hotel consulting …
San Antonio’s hotels coming off strong year – ExpressNews.com Read More »
CultureMap Austin contacted Source Strategies about the growing prominence of Airbnb in the Texas lodging marketplace. Reporter John Egan delved into Source’s latest quarterly Texas Hotel Brand Report and observed that Austin is leading the charge in adopting this new lodging paradigm. At nearly $19 million, Austin grabbed the largest chunk of Texas’ Airbnb revenue …
CultureMap: Airbnb Multimillion-Dollar Threat to Austin Hotels Read More »
The Austin Business Journal covered the release of the latest Hotel Brand Report from Source Strategies, picking out some interesting points relating to the Austin lodging market. Senior Staff Writer Jan Buchholz notes that Austin maintains the highest REVPAR (Revenue per Available Room) and Occupancy in the state as well as new reporting from San …
Austin Business Journal: A mixed bag for Austin hotels Read More »
The San Antonio Business Journal again looked at the state of the San Antonio lodging market with the help of Source Strategies, Inc., the leaders in Texas Hotel Data Analysis. Using data from Source Strategies, the Business Journal’s W. Scott Bailey notes the positive trends in San Antonio hotels: Texas hotel room revenues surpassed $2.7 …
SA Business Journal: San Antonio Hotels Risk Losing Business Read More »
The Longview News-Journal looked at the Second quarter findings from Source Strategies’ Hotel Brand Report and found some positive indicators. The latest issue of the Hotel Brand Report covers the second quarter of 2017. Longview, in the northeast part of Texas, has had a slow market for several years. As noted in the article Report: …
Longview News-Journal: Oil Recovery Fueling Hotel Revenue Read More »
The San Antonio Express-News reports that while the city’s hotels saw a slow July 4th weekend, they are seeing a strong start to 2017. In the article “San Antonio hotels see slow Fourth of July weekend but visitors still coming“, Express-News reporter Joshua Fechter presents an overview of Summer holiday travel in the Alamo City, …
SA Express-News: Despite Slow July 4th, SA Hotels Having Strong Year Read More »
The Fort Worth Business Press reports on the current boom in downtown Fort Worth hotel development, noting that more than a thousand new rooms will be available in then coming years. These are the first new hotels in downtown Forth Worth since the Omni Fort Worth Hotel opened in 2009. The Fort Worth Convention & …
Fort Worth Business Press: Downtown Wants More Hotels Read More »
The San Antonio Express-News reports that the city’s hotel revenues increased more than 10 percent in the First Quarter of 2017, turning around the Texas market share declines of recent years. In the article “San Antonio hotel revenue pops 10% in 1Q on higher room rates, bookings“, Express-News reporter Joshua Fechter interviewed Source Strategies Senior …
SA Express-News: San Antonio Hotel Revenue Pops 10% in 1Q 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 »
