Kermit, Texas hotel market

Winkler County · Measured room revenue from state hotel occupancy tax filings, through May 2026.

$13.7M
Room revenue, trailing 12 months
-8.2%
vs prior 12 months
$24
Market RevPAR, TTM*
9
Hotels filing room tax
1,531
Registry rooms
-36
Rooms added YoY
1.1%
Short-term-rental share
Demand momentumDecliningSupply pressureContractingDemand durabilityStableSTR spilloverLowData confidenceHigh

Quarterly hotel room revenue

state filings
$2.0M$4.0M2017 Q1: $1,037,74020172017 Q2: $1,206,3262017 Q3: $1,438,0742017 Q4: $1,625,3732018 Q1: $1,714,13920182018 Q2: $1,912,9022018 Q3: $2,377,3082018 Q4: $1,824,8812019 Q1: $1,600,12820192019 Q2: $1,297,1412019 Q3: $1,103,7462019 Q4: $3,864,2972020 Q1: $2,990,40220202020 Q2: $1,392,9582020 Q3: $1,336,2502020 Q4: $1,457,2612021 Q1: $1,660,22820212021 Q2: $2,014,1462021 Q3: $2,559,0232021 Q4: $2,528,0542022 Q1: $3,055,54220222022 Q2: $3,335,4922022 Q3: $4,465,4572022 Q4: $4,201,7302023 Q1: $3,669,83420232023 Q2: $3,633,3742023 Q3: $3,462,8722023 Q4: $3,267,9272024 Q1: $3,060,90020242024 Q2: $3,541,7912024 Q3: $4,262,8862024 Q4: $3,608,9302025 Q1: $3,543,11720252025 Q2: $3,577,5862025 Q3: $3,344,4822025 Q4: $3,008,3942026 Q1: $3,303,6332026$3.3M

Room receipts reported by Kermit hotels to the Texas Comptroller, summed by calendar quarter so monthly and quarterly filers land in the same buckets. Short-term rentals are excluded and measured separately. *Market RevPAR divides trailing revenue by registry rooms x 365; registry capacity can lag renovations.

Short-term-rental share

measured
1%2017: 0% STR share'172018: 0.6% STR share2019: 0.4% STR share'192020: 0.3% STR share2021: 0.1% STR share'212022: 0.1% STR share2023: 0.1% STR share'232024: 0.5% STR share2025: 0.9% STR share'252026: 1.3% STR share (5 months)1.3%

STR share of all measured lodging revenue: platform remittances (Airbnb, Vrbo, Vacasa) plus individually permitted hosts and rental managers. Open dots are partial years.

Hotels in Kermit

9 filing locations
9 hotelsCombined TTM $13.7MMedian $/key $11kMedian YoY -9.9%
HotelBrand familyRoomsFY2025 revenueTTM revenue$/keyYoY
Holiday Inn Express KermitIHG107$4.3M$4.3M$40k-4.3%Screen
Kermit North LodgeIndependent500$3.1M$3.0M$6k-13.6%Screen
Kermit LodgeIndependent500$2.8M$3.0M$6k-9.9%Screen
Cobblestone Inn & SuitesIndependent60$1.8M$1.9M$31k-3.8%Screen
Southern Inn & SuitesIndependent42$623k$577k$14k-19.5%Screen
Kermit InnIndependent33$473k$543k$16k-10.7%Screen
KermitIndependent80$225k$218k$3k+86.4%Screen
Budget Inn Of KermitIndependent17$159k$192k$11k+19.3%Screen
Wyatt'S LodgeIndependent192$0$0$0-100.0%Screen

Every hotel and motel filing state room tax in Kermit, ranked by trailing-12-month reported receipts. Brand and tier are read from the filing name; $/key divides TTM revenue by registry rooms. Quarterly filers report at quarter granularity, so their trailing windows can lag by up to two months.

Supply pipeline

measured + verified reports
Registry rooms 1,531Added YoY -36New filing locations 0

Measured entries come from state tax registrations (a hotel appears when it starts filing room tax). Named pipeline entries are individually verified against reporting or the TDLR construction registry; room counts are never estimated.

Hotels vs short-term rentals

measured · state filings
YearHotel revenueSTR revenueSTR share
2026 (5mo)$6.1M$82k1.3%
2025$13.5M$121k0.9%
2024$14.5M$80k0.5%
2023$14.0M$17k0.1%
2022$15.1M$15k0.1%
2021$8.8M$7k0.1%
2020$7.2M$21k0.3%
2019$7.9M$35k0.4%
2018$7.8M$45k0.6%
2017$5.3M$00%

Short-term-rental revenue combines platform remittances (Airbnb, Vrbo and similar file one aggregate per city) and individually permitted hosts and rental managers. Revenue is measured; listing counts are not derivable from tax filings.

Winkler County context

Census ACS + CBP
Population (2023)7,540 · +3.9% since 2013
Median household income$91,898 · was $48,992 in 2013
Median age35.3
Mining, quarrying, and oil and gas extraction1,013 employed · 36 establishments
Real estate and rental and leasing317 employed · 13 establishments
Construction164 employed · 15 establishments
Accommodation and food services162 employed · 15 establishments

American Community Survey 5-year estimates and County Business Patterns, county level. Employment counts are private-sector payroll establishments.

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Methodology. Measured from TX Comptroller hotel occupancy tax filings. Corporate housing operators, condo/HOA rental regimes, RV parks, and vacation-rental managers are classified out of the hotel universe by name; hand corrections via override_class win over the computed class. Self-reported and unaudited; amended filings restate history. Registry room capacity can lag renovations. Growth figures need full 12-month coverage in both years; partial-coverage locations show revenue but no growth rate. Quarterly filers are included at quarter granularity: their trailing windows can lag monthly filers by up to two months. Market growth rates substitute a typical month for detector-flagged single-month filing anomalies (amended filings lumped into one month); raw revenue totals stay as filed. Registry room counts that are impossible for the building (a re-registered permit filing 18,872 units against 188) fall back to the last plausible count filed at the same address, or are withheld from room totals when no such filing exists. Room and hotel counts are per building: when a hotel changes filing entities, its co-located registrations count once, at the most recently seen plausible room count, while revenue sums across every filer. Platform rows are city-level aggregates remitted by booking platforms (Airbnb, Vrbo/HomeAway, and similar) under marketplace agreements; they carry real revenue but placeholder unit counts, so listing counts are NOT derivable from this data. Individual-filer figures capture hosts with their own tax permits plus vacation-rental managers and condo rental programs classified by name (one manager can file many locations under one permit); corporate housing operators and RV parks are excluded from both sides. A host who files individually may also have some bookings remitted by a platform, so minor double counting is possible. The small-property heuristic (<=4 units) can misclassify tiny B&Bs or motels. All figures are self-reported, unaudited, and restated by amended filings. Figures are our interpretation of public state records and are not a valuation or investment advice.

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