Downtown Dallas Hotels Face Occupancy Challenges Amid $3.8 Billion Convention Center Overhaul and Corporate Relocation
📈 Downtown Dallas hotels are adapting to changes including the $3.8 billion renovation of the Kay Bailey Hutchison Convention Center, expected to reopen in 2030. The 2026 FIFA World Cup boosted hotel demand, offsetting disruptions. Occupancy rates fell to the low 60s in 2025, but ADR saw a 25% increase during World Cup months. Corporate relocations and new developments like the $850 million Therme resort impact the market. Future growth is supported by airport expansions totaling $11.5 billion.
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