Impact of COVID-19

Houston hotels suffered Texas' fourth biggest drop in revenue during pandemic

Revenue is down for hotels such as Tilman Fertitta's Post Oak.

Photo courtesy of The Post Oak Hotel

Houston hotels have suffered during the pandemic, adding up to the fourth biggest drop in revenue among Texas' major metro areas.

A report released September 15 by local hotel consulting firm Source Strategies Inc. shows hotel revenue in the Houston area plunged 61.4 percent in the Houston market, with an occupancy rate of 37 percent. In the second quarter of last year, the occupancy rate was 65 percent.

The Bayou City actually fared better than its Texas neighbors. Statewide, hotel revenue plunged a record 64.1 percent, while the occupancy rate slid to 35.8 percent.

To put that data into perspective, Source Strategies says the second-quarter losses added up to more than the total losses racked up during the Great Recession.

“This is an economic disaster on a scale that we have not seen before, and we have been covering the Texas lodging industry for more than 30 years,” Todd Walker, president of Source Strategies president, says in a release. “Hotels are under extreme financial pressure at this point, and many will not be able to survive if this low level of demand continues into next year.”

Texas’ other major metro areas didn’t escape the damage caused by the coronavirus pandemic. Second-quarter hotel revenue dropped:

79.7 in the Austin area. Occupancy rates are now 32.8 percent, down from 76.8 percent in the second quarter of last year. It's the biggest drop in revenue ever recorded for the city— and the biggest anywhere in Texas.
74.1 percent in San Antonio. The occupancy rate sank to 31.6 percent, down from 67.6 percent in the second quarter of last year.
72.9 percent in the Dallas market, with an occupancy rate of 32 percent. In the second quarter of last year, the occupancy rate was 72 percent.
70 percent in the Fort-Worth Arlington market, with an occupancy rate of 31.1 percent. In the second quarter of last year, the occupancy rate was 65.9 percent.

Texas markets that turned in the best financial performance in the second quarter were Corpus Christi and Brownsville-Harlingen, where hotel revenue declined less than 20 percent, the report says.

The state’s top RevPAR performers were mostly along the Gulf Coast in places like Galveston, Port Aransas, and South Padre Island. Galveston’s San Luis Hotel took the state’s No. 1 RevPAR spot in the second quarter, at $148.06. That compares with $223.94 in the second quarter of 2019 when it the No. 17 spot statewide.

Locally, second-quarter RevPAR for Tilman Fertitta’s Post Oak Hotel at Uptown tumbled from $203.83 to $90.17, shifting it from the No. 27 position last year to the No. 23 position this year.

Here are examples of how jumbled the second-quarter RevPAR numbers for the state’s major metro areas were:

At No. 61, the Doubletree Hotel Austin ranked first in the Austin market for RevPAR, at $74.98. Its statewide RevPAR ranking in the second quarter of last year was 316th. Low-cost hotels dominated the rest of Austin’s second-quarter RevPAR leaders.
In the Dallas market, the Residence Inn Dallas West topped the list for RevPAR, at $60.58, good enough for 142nd place statewide. In the second quarter of 2019, its RevPAR was $98.16, landing it in 550th place.
Hotel Emma ranked third in Texas during the second quarter of 2019 with RevPAR of $300.94. In the second quarter of this year, the Pearl hotel’s RevPAR fell to $93.99 — putting it in 17th place statewide.
In Arlington, the Residence Inn racked up RevPAR of $99.34 in the second quarter, down from $122.25 during the same period last year. That pushed the property up from 248th on the second-quarter RevPAR list last year to 10th this year.

hotels

REVIVING THE ALAMO

Texas landmark the Alamo reclaims historic cannon from private ownership

Photo by Gower Brown/ Unsplash

A 90-pound cannon used in the Battle of the Alamo is returning to its San Antonio home.

It turns out the Alamo's original 1836 cannons are good for more than just defense — they also make a sturdy birdbath. After serving as a garden ornament for Samuel Maverick’s descendants, an authentic piece of San Antonio history is finally returning home to the revered mission.

According to an Alamo announcement, the swivel cannon weighs 90 pounds and is approximately three feet long. The relic was originally found in 1852 when Maverick built a home near the northwest corner of the battle’s site.

The lawyer and land baron was saved from death when he was urged by William Barret Travis to ride to the Texas Declaration of Independence convention in Washington-on-the-Brazos to send reinforcements. Returning to the Alamo’s grounds, he found a cache of cannons buried where the Hotel Gibbs sits today.

From there, the cannon wound up at the Maverick family’s Sunshine Ranch on the Northwest Side, where it was eventually incorporated into the garden DIY project. In 1955, the cannon was removed from the ranch, and the current location remained a mystery until the Alamo received a call from a Maverick relative in Corpus Christi.

Alamo cannon This Alamo artifact gives an idea of what the cannon will look like once restoration is complete.Photo courtesy of the Alamo.

“The relative graciously donated the cannon to the Alamo,” wrote a rep from the mission. “Alamo Senior Researcher and Historian Kolby Lanham and Head Conservator Pam Jary Rosser drove down the very next day to take this piece of history home to the Alamo.”

Although the artillery is mostly intact, it is missing its trunnions (the pivot-point protrusions on the sides of the barrel) and cascabel (the knob and neck assembly at the rear of historic muzzle-loading cannons). The parts were removed by the Mexican army to make the cannon inoperable.

Once preservation is complete, this cannon and the Alamo Collection’s other battle cannons will make their way to the upcoming Visitor Center and Museum, where they will be joined by rocker Phil Collins' collection of Alamo artifacts. The Alamo is in the midst of a $550 million preservation project, which includes conserving the Alamo Church, Long Barrack, and the mission’s original footprint. The museum is on track to debut in late 2027.

history museums artifacts texas history the alamo