HVS Hotel

Austin, Dallas, Houston, and Fort Worth are pursuing convention center expansions totaling $7.6 to $7.8 billion, with San Antonio considering an additional $900 million project. These developments are largely enabled by Texas’s innovative financing mechanisms, such as Project Financing Zones. This article examines the scope of these projects and their policy foundations, while analyzing how they shape both Texas’s internal competition and its national positioning in the convention industry.

European airport trade body ACI EUROPE today released its air traffic report for the month of June, second quarter (Q2) and the first half (H1) of 2025. Passenger traffic across the European airport network increased by +4.5% in H1 compared with the same period last year, with the pace of growth remaining steady over both Q1 and Q2 — respectively +4.3% and +4.6%. International passenger traffic accounted for all of the gains (+5.7%) as domestic traffic essentially remained flat (+0.2%).

Our Serviced Apartment Sentiment Survey invited lenders, investors and operators to share their views on the challenges and strategic focus points in 2025 and beyond. The European serviced apartment sector recorded a solid performance in 2024, supported by robust leisure demand and a recovering corporate segment. In spite of above-average increases in supply in this asset class, the occupancy levels observed amongst the serviced apartments surveyed exceeded expectations.