Source Strategies Press Highlights – 1Q 2023
The latest instances of Source Strategies in the news…
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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
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
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
SA Business Journal: San Antonio Hotels Risk Losing Business
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
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SA Express-News: Despite Slow July 4th, SA Hotels Having Strong Year
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,
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SA Express-News: San Antonio Hotel Revenue Pops 10% in 1Q
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
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