Posted Mar 23, 2017, 5:02 AM
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Registered User
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Join Date: Sep 2009
Location: Austin -> San Antonio -> Columbia -> San Antonio -> Chicago -> Austin -> Denver
Posts: 5,303
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https://www.nytimes.com/2017/03/20/b...stin.html?_r=0
Quote:
In the past five to six years, hotels have also had the highest occupancy rates the industry has ever experienced, according to STR.
The number of new hotels in Texas is notable. In 2017, Marriott plans to open eight hotels in Austin, seven in Houston and 23 in the Dallas-Fort Worth area, according to the company. Ninety-two other Marriott hotels are in the planning stages for the three metro areas. Hilton says it is planning for 75 new hotels there. InterContinental Hotels Group has more than 100 hotel projects in the Austin, Dallas and Houston metro areas, including the Candlewood Suites, Crowne Plaza, Even Hotels, Holiday Inn Express, Holiday Inn, Hotel Indigo, InterContinental Hotels and Resorts and Staybridge Suites brands.
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