Houston Hotel Submarket Performance: Nominal Gains and Real-Dollar Context
🏨 Greater Houston’s hotel market saw a RevPAR increase of 15% in 2024 from 2023, largely due to events like the College Football Playoffs, May derecho storm, and Hurricane Beryl. Inflation-adjusted gains over 2019 are modest. Houston CBD led in 2024 revenues, but real-dollar improvements were limited. By late 2025, market performance normalized, with a broader improvement expected in 2026, aided by the 2026 FIFA World Cup. The inflation-adjusted RevPAR indices ranged from 93 to 109 across submarkets.
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