Longview hospitality growsLongview hospitality growshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=58852013-10-29T09:54:00Z2013-10-29T00:00:00Z

LONGVIEW - Longview’s hotel industry remains strong with several new hotels in the works, healthy occupancy levels and hotel tax revenues that continue to grow.

For the 2012-13 fiscal year, total hotel tax revenues were almost $2.3 million, with $504,294 of that coming from the additional 2 percent tax, according to information from the City of Longview. The previous year’s total, which included a few months of the additional tax, was $1.74 million.

“Year-to-date in September, we were basically flat on occupancy, and we were up almost 5 percent on the average daily rate paid for hotel rooms,” said Paul Anderson, senior vice president and communications director for the Longview Chamber of Commerce. “Total revenue is up 2.1 percent. There’s a growth pattern in the money and the occupancy.”

A new Staybridge Suites opened 2013 at North St. and Hawkins Pkwy., adding 82 rooms to Longview’s hotel room inventory. There are now close to 2,400 hotel rooms in the city.

As the market edges toward full occupancy, several new hotels are in the works across Longview, including at least two full-service convention hotels.

Anderson explained that Longview’s hotel business is based mostly on corporate travel, not leisure travel. Because the economy is good, the hotel industry continues to grow.

Check out more hotel stats at Longview Market Data Sources.

Longview News Journal
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