Posted Sep 25, 2017, 9:30 PM
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Registered User
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Join Date: Sep 2015
Location: Austin, TX
Posts: 3,601
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Quote:
Originally Posted by masonh2479
IMO Austin still has room for 1-2 more downtown hotels because iifc occupancy was around 77% for Austin area. But you are right, we need more inventory, seeing 600 Guadalupe break ground will be a great sight for sure. I forgot Virgin was eying Austin, have't heard much about them, assume they are luxury...correct?
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Yeah, they're luxury/boutique, which IMHO is Austin's sweet spot.
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