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Marcus & Millichap: Texas hotels on the riseMarcus & Millichap: Texas hotels on the risehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=183142017-11-17T06:00:00Z2017-11-17T23:00:00Z

​​Metrics from Marcus & Millichap reportTEXAS – 2017 is expected to end on a high note for hotels, though at the end of the second quarter 2017, occupancy declined year over year, according to a Marcus & Millichap’s Hospitality Research Texas Report 2H 2017.

Nearly all the major state metros, with the exception of San Antonio, registered a decrease in occupancy, average daily rate and RevPAR during the last 12 months.

By year end, Texas will register gains in occupancy and revenue metrics as rebuilding efforts continue in the Houston metro after the landfall of Hurricane Harvey.​

Marcus & Millichap Real Estate Investment Services
Texas
Hotel
https://assets.recenter.tamu.edu/Documents/MktResearch/Texas_Hospitality_MarcusMillichap.pdf

Click here to view Marcus & Millichap’s Hospitality Research Texas Report 2H 2017

Check out more Austin, DFW, Houston, and San Antonio Hotel Market Research.

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