Hospitality Report

Coronavirus Alters Outlook for U.S. Hotel Sector as Investors Cautious, Face Significant Short-Term Headwinds; New Federal Stimulus Package Delivers Lifeline to Severely Impacted Sector Growing heath crisis pauses economic growth. The rapid and unanticipated spread of the new coronavirus (COVID-19...

Occupancy Improves Regionwide, Driven by Gains in Smaller Markets Energy industry drives rapid demand growth in North Dakota. Oc-cupancy across the Upper Midwest states continues to steadily climb, highlighted by North Dakota. A recovery in energy prices over the past couple of years renewed shale...

Houston Begins to Stabilize as New Supply Weighs on Statewide Occupancy Substantial job growth drives hotel needs in Texas’ largest cities. Dallas/Fort Worth and Houston lead the country in job creation for 2019 as each welcomes more than 100,000 new roles, support-ing both business and leisure...

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-...