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Hotel revenue is booming as conventions return to Austin but occupancy still lags pre-pandemic levels

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Hotel revenue is booming as conventions return to Austin but occupancy still lags pre-pandemic levels

Austin hotels face some uncertainty but are boosted by encouraging tailwinds. They are bringing in more combined revenue than they were prior to the pandemic, but that’s due in part to higher room prices and the increased number of hotels. The hotel occupancy rate in May was still 70%, down from 78% in May 2019, according to data from STR. Dive into the latest data and expert insights in this story, and find a data-packed list of the largest hotels in the region.