Hotel Report: 1,000 More Rooms on the Way (RENDERINGS)

August 19, 2016 by Kate Harrington

More White Lodging hotels are on tap for Austin.

White Lodging Services Corp., the company behind the downtown 1,012-room JW Marriott and 366-room Westin hotels – among others – plans to build another downtown hotel and a hotel near the University of Texas campus, the Austin American-Statesman reports.

The planned downtown hotel, near the Austin Convention Center at Cesar Chavez and Trinity Streets, will be a 30-story Marriott with 615 rooms. That hotel will also include 65,000 square feet of meeting and exhibit space, as well as bars and a restaurant.

Marriott Downtown Austin Convention Center (White Lodging)

White Lodging’s UT campus hotel at 1901 San Antonio Street will be a dual-branded hotel: the Autograph Collection and AC by Marriott. The hotel is planned to rise 11 stories and hold 347 rooms The two brands will share services, but will have their own lobbies and entrances.

Both hotels are scheduled for a 2017 groundbreaking with a targeted 2019 opening.

“These projects demonstrate our continued belief in Austin’s near and long term future,” Deno Yiankes, president and CEO of investments and development at White Lodging, told the Statesman. “We are thrilled in that these two projects will create thousands of construction jobs and more than 500 full time jobs upon opening.”

White Lodging announced it will develop a dual-branded AC Hotel by Marriott and Autograph Collection hotel adjacent to the University of Texas campus. The hotel is scheduled to open in 2019, and is one of two properties announced by the company Wednesday that will add around 1,000 hotel rooms to downtown Austin. (PRNewsFoto/White Lodging)
AC Hotel by Marriott and Autograph Collection near the university of Texas campus (White Lodging)

Austin has seen no shortage of hotel construction, but it doesn’t seem to be hurting the hotel and lodging market. Occupancy rates in the second quarter of this year were 72.9 percent for Austin, according to the Austin Business Journal. Austin hotel rooms recently surpassed San Antonio in quarterly hotel room revenue, with an average of $111 revenue per hotel room (REVPAR) generated in the second quarter of 2016. That’s higher than REVPAR in Dallas, as well.

View the full release from White Lodging by clicking here (pdf).

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Written by Kate Harrington

Kate is a former reporter, most recently for the Austin Business Journal, where she covered real estate, economic development and transportation. Since 2010 she has been running Thumbtack Communications. Thumbtack provides writing, editing and marketing services. Before moving to Austin in 2002 Kate lived in her native New England, which she still visits often to escape the Texas heat.