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Texas hotel occupancy 3Q: 13 metros beat TexasTexas hotel occupancy 3Q: 13 metros beat Texashttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=55772013-12-03T09:01:00Z2013-12-03T00:00:00Z

TEXAS - In third quarter 2013, 13 areas exceeded the state occupancy average. Meanwhile 17 of 27 Texas areas exceeded occupancy compared to 2012, according to Source Strategies Inc.

The table below is sorted by 3Q 2013 occupancy. It clearly shows the major effect of oil and gas exploration and production activity.

In oil and gas counties statewide, 3Q 2013 occupancy averaged 64.8 percent, up 0.3 points from 64.5 percent in 2012.

Top 13 Metros Ranked by Occupancy 3Q 2013
  2012 Total 3Q 2013
Metro Area

Occ. %

$ Rev.
% Chg.
Occ. % Chg. % $ Rev.
% Chg.
San Angelo 73.0 42.6% 88.7 10.8 32.4%
Midland 91.3 55.9% 75.6 -14.4 -1.0%
Odessa 90.7 55.0% 72.2 -16.3 -10.2%
College Station-Bryan 61.0 8.7% 71.4 8.6 22.4%
Lubbock 63.3 7.6% 70.2 3.6 11.0%
Amarillo 59.3 5.5% 69.3 3.7 11.7%
Austin-Round Rock 69.2 11.6% 68.1 3.2 14.2%
Laredo 70.3 6.6% 67.5 -4.8 -9.2%
Houston-Sugar Land-
Baytown
64.3 14.3% 66.5 2.0 13.2%
Corpus Christi 54.9 10.5% 65 -0.4 9.3%
Waco 57.6 10.1% 64.8 7.7 19.8%
San Antonio 62.3 6.1% 64.3 -1.2 -0.2%
Victoria 71.0 16.3% 64.1 -3.3 -3.5%
State average 62.3 10.2% 63.6 0.5 7.0%

*Revenue

Source Strategies Inc.
Texas
Hotel
http://www.sourcestrategies.org/texas/Read more at {Source}

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