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Houston’s Recovery Bodes Well For Hotel Property Performance A variety of forces are propelling hotel occupancies in Texas. The state continues to generate strong occupancy and RevPAR gains, primarily led by the Houston market. Though Hurricane Harvey boosted occupancy and revenue metrics as dis-...
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New Tax Law Invigorates Value-Add Options in Hospitality Sector; Elevated Occupancies Reinforce Revenue Gains Economy gets a boost from tax reform. Economic growth surpassed 4 percent in the second quarter, lifted by strengthened consumption and business investment. The new tax law has stimulated...
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Texas Hotels Feel Impact of Hurricane Harvey Displaced residents from Hurricane Harvey seek shelter in Texas hotels. This year is expected to end on a high note for hotels, though at the end of the second quarter, occupancy declined year over year. Nearly all the major state metros, with the...
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Buyer Demand Accelerates in Upper Midwest Amid Healthy Performance Solid gains recorded in Upper Midwest region. During the year ending in June, re-spectable improvements in occupancy and revenue metrics were registered in the Up-per Midwest region, which contains Illinois, Iowa, Minnesota,...
