Richmond, Texas hotel market

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

$6.6M
Room revenue, trailing 12 months
-19.5%
vs prior 12 months
$56
Market RevPAR, TTM*
4
Hotels filing room tax
323
Registry rooms
0
Rooms added YoY
5%
Short-term-rental share
Demand momentumDecliningSupply pressureStableDemand durabilityWeakeningSTR spilloverLowData confidenceHigh

Quarterly hotel room revenue

state filings
$1.0M$2.0M2017 Q1: $5,85820172017 Q2: $4,1252017 Q3: $8,3852017 Q4: $6,6092018 Q1: $4,53020182018 Q2: $5,3402018 Q3: $4,7622018 Q4: $9,3412019 Q1: $162,30820192019 Q2: $238,5542019 Q3: $267,3892019 Q4: $661,6222020 Q1: $669,00020202020 Q2: $518,0272020 Q3: $783,1212020 Q4: $823,8902021 Q1: $1,186,81120212021 Q2: $1,537,5732021 Q3: $1,526,7212021 Q4: $1,488,6792022 Q1: $1,343,68520222022 Q2: $1,513,1092022 Q3: $1,561,7262022 Q4: $1,468,8992023 Q1: $1,694,87420232023 Q2: $1,883,7772023 Q3: $1,767,1032023 Q4: $1,649,3482024 Q1: $1,680,83420242024 Q2: $2,170,0232024 Q3: $2,520,2882024 Q4: $1,976,1662025 Q1: $1,703,93220252025 Q2: $1,882,5282025 Q3: $1,754,8942025 Q4: $1,698,7972026 Q1: $1,611,1352026$1.6M

Room receipts reported by Richmond 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
10%2017: 7.7% STR share (11 months)'17·11mo2018: 15.1% STR share2019: 0.5% STR share'192020: 0.3% STR share2021: 0.2% STR share'212022: 0.6% STR share2023: 2.2% STR share'232024: 2.7% STR share2025: 4.5% STR share'252026: 6% STR share (5 months)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 Richmond

4 filing locations
4 hotelsCombined TTM $6.6MMedian $/key $19kMedian YoY -24.4%
HotelBrand familyRoomsFY2025 revenueTTM revenue$/keyYoY
Home2 Suites By Hilton Rosenberg SugarlandHilton100$3.1M$3.1M$31k-10.3%Screen
La Quinta Inn & SuitesWyndham83$1.7M$1.6M$19k-24.4%Screen
Fairfield Inn & SuitesMarriott80$1.6M$1.3M (11mo)Screen
Shivay Hotels LLCIndependent60$645k$663k$11k-24.7%Screen

Every hotel and motel filing state room tax in Richmond, 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.

Hotels vs short-term rentals

measured · state filings
YearHotel revenueSTR revenueSTR share
2026 (5mo)$2.5M$157k6%
2025$7.0M$335k4.5%
2024$8.3M$228k2.7%
2023$7.0M$157k2.2%
2022$5.9M$36k0.6%
2021$5.7M$11k0.2%
2020$2.8M$8k0.3%
2019$1.3M$6k0.5%
2018$24k$4k15.1%
2017 (11mo)$25k$2k7.7%

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.

Fort Bend County context

Census ACS + CBP
Population (2023)859,721 · +41.2% since 2013
Median household income$113,409 · was $85,297 in 2013
Median age37.1
Health care and social assistance32,732 employed · 2,621 establishments
Accommodation and food services29,645 employed · 1,517 establishments
Administrative and support and waste management and remediation services14,140 employed · 794 establishments
Professional, scientific, and technical services12,985 employed · 2,737 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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