Sweet dreams in Texas: hotel occupancy 2Q 2014 | Sweet dreams in Texas: hotel occupancy 2Q 2014 | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=3247 | 2014-08-27T11:29:00Z | 2014-08-27T07:10:00Z |
TEXAS - In second quarter 2014, ten areas exceeded the state hotel occupancy average. Meanwhile, 19 of 27 Texas areas showed increased occupancy compared to 2013, according to Source Strategies Inc.
The table below is sorted by 2Q 2014 occupancy, and clearly shows the continuing, positive affect of oil and gas exploration and production activity.
In all oil and gas counties statewide, 2Q 2014 occupancy averaged 68.9 percent, up 1.7 points from 67.2 percent in 2013.
Top Ten Metros Ranked by Occupancy 2Q 2014
|
2013 Total |
2Q 2014 |
Metro Area |
Occ.%
|
$ Rev.
Chg. |
Occ. % |
Chg. % |
$ Rev.
Chg. |
Midland |
81.9 |
1.7% |
84.7 |
0.9 |
31.4% |
Odessa |
77.0 |
-0.9% |
79.6 |
-1.4 |
8.8% |
San Angelo |
82.9 |
36.7% |
78.4 |
-3.8 |
-3.6% |
College Station-Bryan |
66.7 |
18.3% |
77.7 |
6.2 |
26.9% |
Austin-Round Rock |
72.5 |
13.9% |
75.9 |
0.3 |
8.3% |
Lubbock |
66.8 |
9.4% |
72.7 |
1.1 |
7.3% |
Houston-Sugar Land-
Baytown |
66.4 |
12.8% |
71.9 |
3.2 |
11.6% |
Dallas-Plano-Irving |
65.4 |
10.2% |
71.7 |
4.0 |
11.2% |
Waco |
61.7 |
10.4% |
68.8 |
1.6 |
5.6% |
Victoria |
64.1 |
-6.0% |
68.1 |
-0.5 |
8.6% |
State average |
63.6 |
8.6% |
67.8 |
1.8 |
9.1% |
See the full report at Source Strategies Inc. or the Office of the Governor, Economic Development & Tourism.
For more stats on all counties and MSAs, see Hotel under Market Data Sources.
| Source Strategies Inc.
| Texas
| Hotel
| http://www.sourcestrategies.org/texas/ | | | | Read more at {Source} |