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Market Segments - Hospitality
Coldwell Banker Commercial S.A. hospitality division has experience in sales, operations,
appraisal and consultation. Our experts work diligently to help buyers capture the best
price and location and help sellers realize the greatest net return on investment.
Dallas-Fort Worth motels and hotels have gone
through a severe time starting with the recession downturn in early
2001 and then the attack of “9/11”. The number of new or proposed
developments illustrates the strength of the market. Year end 2007’s
total revenue is up 6.4% over 2006 for the DFW chain operations.
Operations are continuing to see improvement in rate and occupancy.
Hospitality Statistics:
- Dallas Metro Area
- Supply: 67,764 Rooms
- Occupancy: 60%
- Average ADR: $89.11 Rate per Occupied Room
- Fort Worth-Arlington Area
- Supply: 27,671 Rooms
- Occupancy: 67%
- Average ADR: $87.41 Rate per Occupied Room
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