The Eagle reported on the rising level of supply and demand in Bryan-College Station lodging market, building on findings from Source Strategies’ Hotel Brand Report for the second quarter of 2018. Revenue growth and occupancy in the metro’s lodging sector were both above the state average in the period.
As noted in the article Officials say hotel demand, supply both on the rise for Bryan-College Station, “As the number of hotels in Bryan-College Station continues to climb, the demand for rooms is keeping pace by increasing at a double-digit percentage rate each year.”
Reporter Kenny Wiley compares Bryan-College Station to similarly sized metros like Waco: “Source Strategies Inc. announced last week that Waco leads the state with an 82.7 percent hotel occupancy rate, according to reporting from the Waco Tribune-Herald. There are 4,026 hotel rooms in Waco, the article states.”
Source Strategies, Inc. is the leading hotel consultancy in Texas and has been tracking hotel data for decades.
Read the full article, Officials say hotel demand, supply both on the rise for Bryan-College Station, at The Eagle.