Austin hospitality sector hot in 2014Austin hospitality sector hot in 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=53562014-01-06T14:57:00Z2014-01-06T00:00:00Z

AUSTIN - The hospitality sector is a hot sector with the construction of the downtown JW Marriott at full speed — despite a nearly catastrophic disagreement with the City of Austin over tax and fee incentives.

The developers who forged ahead with the construction of the 1,000-room hotel plan to deliver the goods in early 2015. The same company also broke ground on the smaller Westin Austin downtown, which should be delivered about the same time.

Throughout 2013, numerous boutique hotels broke ground, and more are in the planning stages. All eyes will be on the proposed 50-story Fairmont Austin hotel to see whether it actually breaks ground in early 2014.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/print-edition/2014/01/03/austin-office-hospitality-housing.htmlRead more at {Source}

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