Houston, San Antonio and Dallas have all raised their hotel rates compared to last year. But, contrary to what you might think, occupancy is still high. In addition, airports like Dallas Love field has not seen the same amount of cuts in the number of flights as other airports have.
What is it about Texas that has given it immunity from the industry-wide slowdown?
First of all, cheap flights probably have something to do with it. Love Field is home base for Southwest Airlines. As the biggest low-cost carrier in the nation, Southwest has become a favorite of frugal travelers who still want to venture into the skies despite the poor economy.
And what better place to make your money go further than Texas. Generally speaking, prices are lower there than in many other states. So even though hotel prices have risen 15% in Houston, prices are still not as expensive as in other major metropolitan areas. Food follows a similar trend, with average restaurant prices well below the national average.
The economy in the Lone Star state has been helped by low, but steady housing prices. Reasonably priced houses are drawing people from other parts of the country. This helps the local economy.
Also, oil is a big part of business in Texas. High oil prices over the summer meant big profits for Texas-based oil companies. This has had a trickle-down effect, especially in Houston.
The hurricane that struck Houston was devastating, but the people who are there helping to rebuild are also putting dollars into the economy.
All these factors mean that Texas? travel industry is rolling on, despite the slowdown in most other parts of the nation.
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