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Downtown dual Marriott and Westin hotel development nearing completion - San Antonio Business Journal

Downtown dual Marriott and Westin hotel development nearing completion - San Antonio Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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San Antonio hotels saw revenue drop more than $700M in 2020

There was no fourth-quarter hail Mary to spare San Antonio hotels from a devastating loss in 2020 as the market saw overall revenue drop nearly 50% compared to the previous year. ....

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SA hotels saw revenue drop more than $700M in 2020 - San Antonio Business Journal

SA hotels saw revenue drop more than $700M in 2020 - San Antonio Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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Hitting Bottom: How the pandemic is upending San Antonio's hospitality industry

Posted
By Sanford Nowlin
on Wed, Jan 27, 2021 at 9:11 AM
click to enlarge
Courtesy Photo / Grand Hyatt
Roughly 70% of the Grand Hyatt’s room revenue comes from conventioneers, according to Moody’s Investors Service. When the pandemic began siphoning off River Walk tourism early last spring, Oscar Noin thought he was seeing a repeat of the downturn he’d ridden out after 9/11.
Noin, the head server at the Esquire Tavern, spent most of his adult life working in San Antonio’s hospitality sector and thought he knew what to brace for. Then, his restaurant closed the day after Mother’s Day, only reopening again for full service in November. ....

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Downtown Houston's Euro-inspired luxury hotel suddenly shutters

Downtown Houston s Euro-inspired luxury hotel suddenly shutters
Downtown Houston s Euro-inspired luxury hotel suddenly shutters
The Hotel Alessandra has closed.
Photo courtesy of Hotel Alessandra
UPDATE: Real estate developer Midway provided CultureMap with the following statement, via Robert Williamson, of its Investment Management team.
“With the unprecedented challenges faced by the hospitality industry in the COVID-19 era, ownership and its capital partners have decided to temporarily close Hotel Alessandra, along with its dining concepts, Lucienne and Bardot Bar. We view this as a unique opportunity to reevaluate operations, explore ways to enhance our offerings, maximize value and reopen with minimal impact while the industry slowly recovers. Providing an unrivaled hotel and dining experience remains our top priority and we look forward to serving our guests in the near future.” ....

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