Shalom Group real estate

Hotels in El Paso, Texas

According to the Texas Department of Economic Development, over 39% of travel to the El Paso area is business related. As a result, the El Paso Hotel/Motel industry caters primarily to this travel group. According to the El Paso Hotel/Motel Association, total receipts for the El Paso area hotels have steadily increased from $77.5 million in 1996 to $93.5 million in 2000. For 2000, hotels in the El Paso area had an occupancy rate of 62%, with an average daily rate of $49.94. Therefore, the Shalom Group saw the need and opportunity for creating well located, easily visible hotel ventures supporting the industry. These properties have flourished and created additional opportunities for ancillary development of restaurants and adjacent commercial usage to compliment those successes.

West El Paso Properties

Industrial, retail, medical, office space, hotels and land for lease in El Paso, Texas