Memphis, Texas hotel market

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

$821k
Room revenue, trailing 12 months
+92.8%
vs prior 12 months
$42
Market RevPAR, TTM*
2
Hotels filing room tax
53
Registry rooms
0
Rooms added YoY
0.3%
Short-term-rental share
Demand momentumVery highSupply pressureStableDemand durabilityElevated riskSTR spilloverLowData confidenceMedium-high

Quarterly hotel room revenue

state filings
$100k$200k2017 Q1: $79,73820172017 Q2: $97,9322017 Q3: $90,5752017 Q4: $95,0642018 Q1: $72,83720182018 Q2: $95,0582018 Q3: $99,8002018 Q4: $95,7592019 Q1: $88,12820192019 Q2: $124,7812019 Q3: $126,1972019 Q4: $84,2142020 Q1: $49,20920202020 Q2: $45,0272020 Q3: $65,3282020 Q4: $95,0142021 Q1: $77,21020212021 Q2: $117,2992021 Q3: $143,2102021 Q4: $127,5442022 Q1: $79,86820222022 Q2: $112,5502022 Q3: $124,5232022 Q4: $130,4502023 Q1: $95,68020232023 Q2: $111,1452023 Q3: $110,0322023 Q4: $114,5152024 Q1: $96,52220242024 Q2: $93,4002024 Q3: $111,8072024 Q4: $115,0932025 Q1: $82,78720252025 Q2: $111,2062025 Q3: $88,5872025 Q4: $195,3312026 Q1: $262,8492026$263k

Room receipts reported by Memphis 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%2%2017: 0% STR share'172018: 0% STR share2019: 0% STR share'192020: 0% STR share2021: 0.6% STR share'212022: 1.3% STR share2023: 2% STR share'232024: 1.3% STR share2025: 0% STR share'252026: 0.6% STR share (5 months)0.6%

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 Memphis

3 filing locations
3 hotelsCombined TTM $821kMedian $/key $11kMedian YoY -24.9%
HotelBrand familyRoomsFY2025 revenueTTM revenue$/keyYoY
Rodeway InnnewChoice37$265k (7mo)$691k$19kScreen
Budget InnnewIndependent16$72k (5mo)Screen
Budgetinn · quarterly filerIndependent16$68k$57k$4k-24.9%Screen

Every hotel and motel filing state room tax in Memphis, 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 53Added YoY 0New filing locations 2
Began filingRodeway Inn · 37 keys · first filings within the trailing year
Began filingBudget Inn · 16 keys · first filings within the trailing year

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)$498k$3k0.6%
2025$478k$00%
2024$417k$6k1.3%
2023$431k$9k2%
2022$447k$6k1.3%
2021$465k$3k0.6%
2020$255k$00%
2019$423k$00%
2018$363k$00%
2017$363k$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.

Hall County context

Census ACS + CBP
Population (2023)2,827 · -14.6% since 2013
Median household income$46,728 · was $33,006 in 2013
Median age44.9
Accommodation and food services92 employed · 10 establishments
Health care and social assistance59 employed · 4 establishments
Finance and insurance52 employed · 6 establishments
Other services (except public administration)25 employed · 8 establishments

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

Screen a specific hotel

A screening turns one property's public record into a cited report: monthly revenue back to 2017, ownership and franchise research, competitive set, hazard history, and the market context on this page. New accounts get 3 free screenings.

Search Memphis hotels

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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