Hotel revenues lag in San AntonioHotel revenues lag in San Antoniohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=185892017-12-12T06:00:00Z2017-12-12T22:10:00Z

​​​Q3 2017 Metro Area Hotel Market Comparisons  Revenue (in millions) Austin: $361.7 Dallas: $756.8 Houston: $570.0 San Antonio: $337.9 Occupancy Austin: 74.2 percent Dallas: 68.5 percent Houston: 66.4 percent San Antonio: 64.2 percent REVPAR Austin: $91.36 Dallas: $72.28 Houston: $69.93 San Antonio: $72.26 Source: Source Strategies Inc.SAN ANTONIO – Hotels in the region sold 2.1 percent more room nights from July through September 2017 than during the same period in 2016. 

However, the rate for those rooms declined by 1.4 percent.

New data from Source Strategies Inc.’s Hotel Brand Report show that more than 1,300 hotel rooms were added to the market’s inventory in third quarter 2017. 

Overall revenue for the three-month period grew less than 1 percent to $337.9 million. 

San Antonio trailed the Dallas, Houston and Austin metro areas in total hotel revenue for the quarter. Each of those other Texas markets saw a greater increase in revenue from the same quarter a year ago.

San Antonio Business Journal
San Antonio-New Braunfels
https://www.bizjournals.com/sanantonio/news/2017/12/01/sa-hotel-numbers-cause-for-concern-for-local.htmlRead more at the {Source}

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