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Sweet dreams in Texas: hotel occupancy 2Q 2014Sweet dreams in Texas: hotel occupancy 2Q 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=32472014-08-27T11:29:00Z2014-08-27T07:10:00Z

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}

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