Operations
Primary
1h ago
Downtown San Antonio's hotel occupancy has cratered to 59%, RevPAR is sliding nearly 9% year over year, and developers are still breaking ground on new properties. If you've ever wanted a textbook case of what happens when supply ignores demand, pull up a chair.
A luxury hotel with a decade of development chaos, a bankruptcy, a rebrand, and barely 18 months of operations just brought in the guy who opened Thompson Houston. The question isn't whether he's qualified. It's whether the math underneath him works.
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