San Antonio

SA Express-News: San Antonio-area hotels off I-35 were winners in first quarter

San Antonio-area hotels off I-35 were winners in first quarter From the San Antonio Express-News (may 26, 2021): The conventional wisdom — that San Antonio’s glitzier downtown hotels are the region’s busiest money-makers — didn’t hold up. Paul Vaughn, senior vice president at Source Strategies, said properties off I-35 are popular with itinerant workers and

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Boerne Mayor Tim Handren says city’s resiliency proving invaluable in pandemic – San Antonio Business Journal

Source Strategy Inc.’s Paul Vaughn said Boerne hotels experienced a nearly 14% revenue increase in the third quarter of 2020 compared to the same period a year ago. Occupancy in Boerne hotels averaged 51% in the quarter — well above the state average of 45.5% and San Antonio’s 41.6% performance. Source: Boerne Mayor Tim Handren

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Hotel bloodbath: What recovery could look like in SA – San Antonio Business Journal

San Antonio hotels generated only $97.1 million in the second quarter, which beat Austin by nearly $4 million. In second quarter 2019, Austin’s hotel market generated $460 million more than San Antonio. “Clearly, the folks with the most to lose lost the most,” Vaughn said. “Austin has been riding high for years. Its collapse was

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Visit San Antonio gets timely bump in funding as Austin ups competition – San Antonio Business Journal

San Antonio hotel operators sold nearly 3% more room nights during the first quarter than they did during the same period a year ago, while overall revenue increased nearly 2% to more than $355.7 million. The Alamo City area now has about 50,000 hotel rooms, according to new hotel brand report data provided to the

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San Antonio’s hotels coming off strong year – ExpressNews.com

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

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This San Antonio hotel checks in among the most lucrative in Texas – CultureMap San Antonio

Guests in San Antonio are checking in to one of the most profitable hotels in the state, experts say. A new report from San Antonio-based hotel consulting and research firm Source Strategies Inc. indicates nine of last year’s top 100 Texas hotels for revenue per available room (RevPAR), a key metric of financial performance in

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