REOC San Antonio
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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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S.A. hotel room sales up in third quarter

The number of hotel room-nights sold in the San Antonio metropolitan area increased 6.4 percent in the third quarter over the same quarter last year, while rates gained 0.9 percent, causing revenues to rise by 7.2 percent to $266 million, according to a report released Monday. As net room supply increased by 2.7 percent, with 1,200 net additional rooms, average occupancy edged 2.2 percentage points higher, to 64.1 percent, according to the quarterly Source Strategies, Inc. Brand Report.

Click to read full story: S.A. hotel room sales up in the third quarter (San Antonio Express-News, 11-28-11)

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