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Greater Houston Lodging Market: On the Mend

The oil and gas industry remains Greater Houston’s primary economic anchor, defining the market’s business cycle and the area’s economic growth path. The hotel market began to stabilize in 2019 following declines in lodging demand as a result of the volatility of the oil and gas markets, and Greater Houston experienced a steep decline in lodging demand in 2020 given the onset of the COVID-19 pandemic.
United States Ellington Field Baylor College Of Medicine Texas Medical Center Shannon Sampson Airline Travel Trends

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