Looking at hotel revenue 2018: Austin, DFW, Houston, San Antonio
AUSTIN-ROUND ROCK – By pretty much every metric available, Austin’s hotel market is the strongest in all of Texas—and one of the most robust in the entire nation.
That’s according to a new report from Source Strategies, a San Antonio-based hotel consulting firm.
Revenue at hotels in the Austin-Round Rock-San Marcos metro area was up 13 percent year over the year in the first quarter.
Average occupancy was 74.4 percent—the second-highest occupancy rate in the state.
The average room rate was $146.89—more than any other Texas city.
In addition, revenue per available room (REVPAR)—the total room revenue for a particular period divided by the average number of rooms available in a hospitality facility—was off the charts, coming in at $109.29.
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