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Austin, Texas

CBRE Forecasts Growth for Austin Hotel Market

AUSTIN—In 2018, demand in the Austin hotel market remained steady, although it declined slightly from 2017, with an overall rise in average daily room...
Uptown Suites

Uptown Suites Opens First Property in Texas

AUSTIN, Texas—Uptown Suites has announced the opening of its fifth extended-stay property, located outside of Austin in Round Rock, Texas. This location marks the...
Austin, Texas

Austin Hotels Record a Banner Month in October Thanks to F1 Grand Prix COTA

Key Performance Indicators October 2018 vs. October 2017 RevPAR: +4.3% to $214.45 TRevPAR: +3.4% to $299.10 Payroll: +0.2 pts. to 22.1% GOPPAR: +3.5% to $164.03 U.S. hotels recorded their highest...
Canopy by Hilton Portland Pearl District

How Canopy by Hilton Identifies ‘It’ Neighborhoods Nationwide

Hilton's neighborhood-centric lifestyle brand has been on the move. After establishing its flagship location in Reykjavik, the brand entered the United States, opening two properties...
Austin, Texas

CBRE Research Provides Forecast Into Austin’s 2019 Hotel Market

AUSTIN—New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand will continue to exceed moderating new-supply...