San Antonio Hotels to Post Higher RevPAR Than Average

LD Hospitality LLC recently purchased the Courtyard by Marriott San Antonio Sea World.

SAN ANTONIO—By year-end 2017, San Antonio hotels are forecast to have a revenue per available room increase of 3.9%, more than the national projection of 3%, according to data from CBRE Hotels’ Americas Research. The RevPAR increase is the result of an estimated 1.3% occupancy increase and a 2.6% gain in average daily room rates.

“With Houston’s market still in decline, and the Austin and Dallas-Fort Worth markets flattening out due to large hotel room supply increase, San Antonio is becoming a more attractive destination in Texas for hotel investors. A very small new hotel room supply pipeline and increasing hotel demand will help drive hotel RevPAR growth for the next few years,” said Michael Yu, senior vice president, CBRE Hotels.