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Dreaming of dollars: Texas hotel occupancy 3Q 2014Dreaming of dollars: Texas hotel occupancy 3Q 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=24672014-11-14T12:38:00Z2014-11-14T00:00:00Z

TEXAS - In third quarter 2014, 12 areas exceeded the state occupancy average, and 22 of the 27 areas showed increased occupancy versus 2013.

The table below is sorted by 3Q 2014 occupancy, and clearly shows the continuing, positive affect of oil and gas exploration and production activity.

In all oil and gas counties statewide, 3Q 2014 occupancy averaged 67.4 percent, up 2.5 points from 64.9 percent in 2013.

Top 12 Metros Ranked by Occupancy 3Q 2014
  2013 Total 3Q 2014
Metro Area

Occ.%

$ Rev.
Chg.
Occ. % Chg. % $ Rev.
Chg.
Midland 81.9 1.7% 84.4 9.4 44.8%
College Station-Bryan 66.7 18.3% 78.7 7.7 21.7%
Odessa 77.0 -0.9% 78.6 6.4 24.3%
San Angelo 82.9 36.7% 77.3 -8.4 -4.1%
Amarillo 61.1 10.3% 71.8 1.9 3.9%
Waco 61.7 10.4% 71.6 6.3 14.9%
Austin-Round Rock 72.5 13.9% 71.3 3.1 14.7%
Lubbock 66.8 9.4% 70.2 -0.6 4.4%
Laredo 67.5 -5.2% 69.4 2.0 4.7%
Houston-Sugar Land-
Baytown
66.4 12.8% 68.7 2.2 9.8%
San Antonio 62.5 5.5% 68.4 3.8 10.9%
Victoria 64.1 -6.0% 67.4 3.2 13.4%
State average 63.6 8.6% 66.4 2.6 11.3%


See the full report at the Office of the Governor, Economic Development & Tourism.

For more stats on all counties and MSAs, see Hotel under Market Data Sources.

Office of the Governor Economic Development & Tourism
Texas
Hotel
http://www.travel.state.tx.us/TravelResearch/Hotel-Reports.aspxRead more at {Source}

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