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Dallas–Fort Worth–Arlington MSA

Illustrative seed

Texas / South·Destination dashboard

Large diversified MSA with strong corporate and leisure. Supply growth historically elevated — underwrite absorption carefully. City HOT tax collections are a room-revenue proxy — not RevPAR/OCC/ADR.

srcIllustrative seed — replace with licensed STR/Tourism Economics

Metrics and signals below are illustrative Capital Graph placeholders for IC-memo drafting — replace with licensed STR / Tourism Economics before underwriting. Human-touch / talent capacity remains a CapEx and refinance greenlight gate.

Visitors
50.0M
srcIllustrative seed — replace with licensed STR/Tourism Economics
Rooms
55.0k
srcIllustrative seed — replace with licensed STR/Tourism Economics
Occupancy
69.0%
srcIllustrative seed — replace with licensed STR/Tourism Economics
ADR
$145.00
srcIllustrative seed — replace with licensed STR/Tourism Economics
RevPAR (derived)
$100.05
OCC × ADR — not a stored feed
srcIllustrative seed — replace with licensed STR/Tourism Economics

Which Dallas — scarcity vs impact

Which DFW: Uptown/Downtown Dallas corporate, Fort Worth leisure/group, and airport corridors are separate theses. Large diversified MSA with historically elevated supply — underwrite absorption carefully. City of Dallas HOT = municipal tax / room-revenue proxy (city ≠ MSA) — NOT RevPAR/OCC/ADR. Market OCC/ADR remain illustrative.

srcIllustrative seed — replace with licensed STR/Tourism Economics

Signals

4 seeded
demanddiversified demand (illustrative)as of 2026-09 seed

Corporate + leisure diversified stack

Illustrative: Dallas Uptown corporate and Fort Worth leisure/group demand support the MSA — corridor selection still drives outcomes.

srcIllustrative seed — replace with licensed STR/Tourism Economics
supplysupply watchas of 2026-09 seed

Elevated supply growth / absorption watch

Illustrative: DFW historically adds keys aggressively. CapEx needs absorption and competitive-set clarity, not MSA headlines.

srcIllustrative seed — replace with licensed STR/Tourism Economics
talentgreenlight gateas of 2026-09 seed

Sunbelt growth staffing gate

Illustrative: fast inventory growth competes for talent and trades. CapEx greenlights clear staffing + GC capacity.

srcIllustrative seed — replace with licensed STR/Tourism Economics
taxCh.351 $79.31M @ 7% → ~$1.13B implied room baseas of FY2025

Dallas local HOT FY2025 (tax / room-revenue proxy — NOT RevPAR)

City of Dallas FY2025 Local HOT (Tax Code Ch.351): rate 7.0%, revenue $79,306,924. Implied taxable room-revenue base ≈ $79.31M / 0.07 = ~$1.13B. Also Ch.334 venue tax rate 2.0% / revenue $23,873,984 (separate — do not fold into Ch.351 implied room rev). Caveats: self-reported; city ≠ Dallas–Fort Worth–Arlington MSA; hotel vs STR remit scope varies; legacy SODA vmy5-jctb lacked City of Dallas rows after FY2018. Tax ≠ RevPAR/OCC/ADR.

srcTexas Comptroller Local HOT Reporting 2025 SODA er34-v24h (data.texas.gov); city=Dallas type=city

Assets

1 illustrative / cited

Uptown Dallas / Dallas CBD class (illustrative)

keys n/a · full-service / select-service

Uptown / Downtown Dallas

Proxy for Dallas corporate spine vs Fort Worth or airport. Underwrite which DFW.

srcIllustrative seed — replace with licensed STR/Tourism Economics

Linked findings

No radar findings linked to this market yet. National debt-wall and talent radars may still apply — see Radars.
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