Fort Worth, Texas hotel market

Records, and still accelerating

Fort Worth's trailing twelve months, $582.6M of room receipts, are the highest on record, up 6.5% on the adjusted rate shown above (5.6% on the raw sums). The calendar years stack cleanly: $495.9M in 2023, $540.0M in 2024, $557.7M in 2025. And the pace is picking up rather than fading: March 2026 ran 14.0% ahead of the prior March, April 14.6% ahead, May 11.6% ahead. Unlike most of the big Texas markets this year, no filing artifact inflates the current year; the few flagged months here sit in the prior-year base, which is why the adjusted rate runs slightly higher than the raw one, and the growth is broad across the roster.

A luxury tier that did not exist five years ago

The most distinctive thing in the filings is the ramp of a luxury and lifestyle tier Fort Worth simply did not have until recently. Bowie House, the Auberge property near the Cultural District, grew 27.7% to $18.2M; The Crescent grew 23.8% to $13.8M; the Le Meridien downtown, still ramping from its opening, grew 64.4%; the Kimpton Harper added 9.7% and the Sinclair 7.9%. The established center held: the 614-room Omni, the convention headquarters hotel and the market's biggest earner at $41.2M, grew 6.1%, while the old-guard Worthington slipped 3.4%.

The Stockyards is more mixed than its reputation. The district's 200-room flagship, filing as Stockyards Station Hotel II, is down 15.5%, even as the district's select-service hotels all grew: the Courtyard up 8.8%, the SpringHill Suites 8.3%, the Hyatt Place 5.3%. The demand is there; the district's premium product is the piece being repriced.

Sources: PaperCity: the new Fort Worth hotel wave

The convention bet, and the Stockyards' lost second act

The city is rebuilding its convention center in place: a $606M overhaul that has already realigned Commerce Street, demolishes the 1968 arena in early 2027, and finishes around 2030 with 257,000 square feet of new exhibit space, all while the center stays open. City projections have annual bookings roughly doubling once it is done. That is the market's main structural bet, and its cost, group disruption during construction, is being paid now.

Measured supply is growing but manageable: 185 hotels filing, 18,302 registry rooms, up 751 (about 4.3%) in a year. The recent first-time filers cluster in the districts with demand: a 162-room Home2 Suites in the Cultural District began filing around December 2025, the 153-room Nobleman downtown around November 2025, a 139-room Cambria around September 2025, and a 124-room Echo Suites out at Alliance in mid-2025. The counterweight arrived in late 2025, when the Stockyards' billion-dollar phase-two expansion, which would have roughly doubled the district, was canceled by its developer citing market conditions. The $30M renovation of the 1907 Stockyards Hotel survives, targeting an early 2027 reopening. Short-term rentals are the smallest factor among the big markets: $45.1M, a 7.2% share.

Sources: D Magazine: inside the $606M convention center overhaul · Visit Fort Worth: expansion status updates · Fort Worth Report via Yahoo: Stockyards phase two canceled

The buyer's read, and the data notes

Fort Worth is the growth story without a single-catalyst cliff. Where Abilene's doubling hangs on one construction project, Fort Worth's gains are spread across Dickies Arena's calendar, the Stockyards, downtown conventions, the museums and the Alliance corporate corridor, and the trailing year set a record without a distorted filing in it. The risks are correspondingly ordinary: construction disruption downtown until the center's payoff arrives around 2030, four new filers still ramping toward stabilized numbers, a luxury tier that has never been tested by a downturn, and a Stockyards whose premium flagship is repricing now that the district's expansion story got smaller. On the evidence of the filings, this is the big-market momentum buy in Texas today, priced accordingly.

Data notes: no single-month filing artifacts sit in the current year; a few flagged months in the prior-year base are excluded from the growth rate shown above, which is why it reads 6.5% against a raw 5.6%. All figures are self-reported state tax filings, unaudited, and restated when operators amend.