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Top metros gas up hotel occupancy 1QTop metros gas up hotel occupancy 1Qhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=66282013-08-08T09:22:00Z2013-08-08T05:55:00Z

TEXAS - In first quarter 2013, 17 of the 27 Texas areas showed increased occupancy versus last year. Ten areas exceeded the state occupancy average, according to Source Strategies Inc.

The table below is sorted by 1Q 2013 occupancy. It clearly shows the major effect of oil and gas exploration and production activity. In oil and gas counties, 1Q occupancy averaged 66.6 percent, up 0.4 points from 66.2 percent in 2012.

Top Ten Metros Ranked by Occupancy 1Q 2013
  2012 Total 1Q 2013
Metro Area Occ. Rev.* Chg. Occ. Chg. from
2012 total
Rev. Chg.
Odessa 90.7% 55.0% 88.8% -4.5% 16.1%
Midland 91.3% 55.9% 87.5% -3.0% 17.9%
San Angelo 73.0% 42.6% 77.7% 8.6% 44.5%
Austin-Round Rock 69.2% 11.6% 74.2% 3.2% 13.3%
Houston-Sugar Land-
Baytown
64.3% 14.3% 69.0% 1.6% 12.7%
Victoria 71.0% 16.3% 67.8% -6.5% -7.6%
Dallas MD 62.7% 6.3% 67.7% 3.8% 11.1%
Laredo 70.3% 6.6% 66.7% -1.4% 0.1%
San Antonio 62.3% 6.1% 65.6% 2.6% 10.4%
El Paso 64.4% -1.1% 65.1% 3.1% 4.0%
State average 62.3% 10.2% 64.8% 1.8% 10.5%

*Revenue

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

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