Tech firms worry after exec ar­rested

San Antonio Express-News - - BUSINESS - Madi­­[email protected]­

The ar­rest of a high-profile

saw the big­gest surge in the quar­ter, with rev­enue climb­ing from $57 mil­lion to $102 mil­lion, ac­cord­ing to the re­port. Mean­while, re­ceipts fell 6.8 per­cent in the Hous­ton area, which saw a spike in de­mand after Hur­ri­cane Har­vey last year. Many ho­tel and condo prop­er­ties are still out of ser­vice in the Cor­pus Christi metro area, where rev­enue dropped 16 per­cent, Vaughn said.

Statewide, ho­tel busi­ness slowed, with rev­enue ris­ing 4.7 per­cent to $2.9 bil­lion after four straight quar­ters of dou­ble-digit growth.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.