Here's something you might be interested in.
The $350 million Fairmont Hotel in downtown Austin will start going up in November, according to the Austin American-Statesman. Developer Douglas W. Manchester, son of San Diego hotelier/publisher Douglas F. (Papa Doug) Manchester, told the newspaper that a new consultant study claims that Austin is losing convention business because there is a lack of hotel rooms. (Sound familiar? Consultants always say that because that's what they are being paid to conclude. But virtually every independent study shows that convention centers are vastly overbuilt.) The 1035-room hotel will have 90,000 square feet of convention space. The hotel would be Austin's second tallest building on Austin's skyline, according to the newspaper.
The $350 million Fairmont Hotel in downtown Austin will start going up in November, according to the Austin American-Statesman. Developer Douglas W. Manchester, son of San Diego hotelier/publisher Douglas F. (Papa Doug) Manchester, told the newspaper that a new consultant study claims that Austin is losing convention business because there is a lack of hotel rooms. (Sound familiar? Consultants always say that because that's what they are being paid to conclude. But virtually every independent study shows that convention centers are vastly overbuilt.) The 1035-room hotel will have 90,000 square feet of convention space. The hotel would be Austin's second tallest building on Austin's skyline, according to the newspaper.