San Antonio hotels keep betting on brighter future despite downtown demand slump

The Monarch San Antonio, the long-sought hotel anchor at Hemisfair, just got its finishing touches, and the historic El Tropicano Riverwalk Hotel is set to reopen this fall as Sítio El Tropicano after a significant reinvestment.

Despite such grand unveilings, it’s not a great time to be opening a hotel in downtown San Antonio — particularly an upscale establishment.

But they’ve been coming fast…

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