San Antonio tourism industry to get boost as IPW convention expected to bring $600M into city
San Antonio’s tourism industry will get a big boost next month as the U.S. Travel Association’s IPW convention is headed to San Antonio for the first time and is expected to generate millions of dollars for the city.
Checking back in: Hotels still suffering from staffing, supply chain problems
It's been a wild ride for the hotel industry over the past two years, and it's not over. Supply chain and staffing issues have morphed, but they're still prevalent. On top of that, companies have now added inflation to the list of woes.
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Hospitality industry in San Antonio looking to hire; 2-day job fair begins Tuesday
San Antonio has a large hospitality industry with a countless number of hotels, restaurants and bars and as we continue to return to a sense of normal following the COVID-19 pandemic, there is a huge need to fill jobs.
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San Antonio hotels saw revenue drop more than $700M in 2020
San Antonio hotels saw a revenue drop of more than $700M in 2020. SAN ANTONIO – Editor’s note: This story was published through a partnership between the San Antonio Business Journal and KSAT. 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. In 2019, metro San Antonio hotels generated more than $1.4 billion in revenue. San Antonio hotels, which booked about 37% fewer room nights in 2020 than in the previous year, charged an average daily rate of nearly $93 in 2020.
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Historic downtown hotel plans layoffs after significant furloughs
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. The Sheraton Gunter Hotel plans to lay off nearly 40 employees as the downturn in travel caused by COVID-19 continues to take a toll on San Antonios hospitality industry. Crescent Hotels & Resorts LLC, which operates the Sheraton Gunter, informed Texas Workforce Commission officials of its plans this week. Hotel management initially reduced operations at the East Houston Street property as convention and leisure travel business evaporated with the novel coronavirus outbreak and stay-home orders. Read more on this story at the San Antonio Business Journal.
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Alamo City feeling heat from vacant rooms and vanished revenue
SAN ANTONIO Editors note: This story was published through a partnership between the San Antonio Business Journal and KSAT. Early on, we were shaken, but thinking this wasnt going to last as long as it has, San Antonio Hotel & Lodging Association Chairwoman Tamara Benavides said. The city will get some help, courtesy of the organization, which plans to stage its annual global marketing event, IPW, in San Antonio in 2023. The average daily rate for metro San Antonio was more than $120 in second quarter 2019. Read more on this story at the San Antonio Business Journal.