Thanks to energy-driven demand, Houston achieved record occupancy levels in 2014. The recent fall of oil and gas prices and more than 5,000 new rooms on the horizon poses a challenge to market-wide occupancy, though average rates continue to climb.
Demand may be down, but hotels in this suburb of the Dallas/Fort Worth Metroplex are beating the curve with respect to the recession.
The Las Colinas lodging market is becoming more and more enmeshed in the Dallas/Fort Worth area’s web of activity. This growth has the potential to influence hotel trends in the recession and beyond.
As both the capital of Texas and the “Live Music Capital of the World,” Austin has businesses and hotels singing a lively tune despite the current economic dirge.
Texas’ second-largest city is experiencing growth never before seen in its long and storied history.
Once thought of as a big oil town, Houston’s vast array of new developments are taking off throughout "Space City."