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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Alamo City hotel sector posts double-digit revenue growth

The local hotel industry ended the second quarter of 2012 on a strong note, according to the latest analysis by San Antonio hospitality research firm Source Strategies Inc.

Over the 12 months ended June 30, 2012, hotel revenues for the San Antonio metro climbed 10.9 percent — to reach $276 million. The occupancy rate for the local hospitality sector stood at 66.6 percent — up from 59.6 percent the previous year.

The REVPAR (revenue per available room) for hotel chains operating in the San Antonio metro stood at $69.35 as of second-quarter 2012, up from REVPAR of $53.26 as of second quarter 2011.

Click to read entire article: Alamo City hotel sector posts double-digit revenue growth (San Antonio Business Journal, 9-21-12).

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