The Texas Appraisal Districts have completed their preliminary 2022 Hotel Tax Assessments and they indicate the largest hotel value change in Texas history. After study, Source Strategies has some important takeaways for Texas hotel owners and operators.
Room Revenue Multiplier
Lodging revenues dropped $5 billion during the 2020 pandemic, but hotel tax assessments in Texas rose $90 million. The new Texas Hotel Valuation Factbook provides unprecedented insights into hotel performance and hotel valuation.