Element Austin Round Rock

Hotels · Austin, TX

Business Summary

Element Austin Round Rock is a suburban hotels establishment located at 1770 Warner Ranch Drive, Round Rock, TX, 78664. With 4 direct competitors within 1km, the venue faces significant local competition but benefits from low foot traffic in the area.

Location & Competitors

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Neighborhood
suburban
Foot Traffic
low
Parking
lot
Transit Access
poor
Nearby Landmarks
Mueller DevelopmentWhole Foods HQ

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Aloft Austin Round Rock
0m
72/100
Strong
High
avid Hotel Austin
0.64km
83/100
Strong
High
Microtel Inn & Suites by Wyndham Round Rock
0.64km
81/100
Strong
High
Woodspring Suites Round Rock-Austin North
0.80km
73/100
Strong
High

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 4 digitally strong competitors nearby.

Financial Estimates

Revenue Range

ConservativeExpectedOptimistic

Financial Overview

Estimated Value$500K-$1.2M
Industry Margin12-18%
Entry Cost$200K-$500K

Market Analysis

Market Size$13M local hotels segment
Trendstable
SeasonalityHigher revenue in fall/spring, moderate summer due to heat

Consumer Trends

membership/loyalty programssustainable operationslocal sourcing movementpet-friendly establishments

SWOT Analysis

Strengths

Internal advantages

  • Prime suburban location with low foot traffic
  • Diverse drink menu

Weaknesses

Areas for improvement

  • Limited lot parking options
  • No outdoor seating area

Opportunities

External potential

  • Leverage Austin festival season for promotions
  • Create themed event series

Threats

External risks

  • New competitor openings in the area
  • Supply chain volatility for specialty items

Strategic Recommendations

Quick Wins

Implement this week

Optimize Google Business Profile with updated photos and hours

Partner with ride-share apps for safe ride home promotions

Launch Instagram Reels showcasing signature drinks and atmosphere

Growth Strategies

1-3 months

Partner with food delivery apps for cocktail kit delivery

Build partnerships with Austin hotel concierges for tourist referrals

Create a craft cocktail subscription or tasting club

Risks to Monitor

Ongoing vigilance

Economic downturn reducing discretionary entertainment spending

Staff retention challenges in Austin hospitality market

Potential noise ordinance changes affecting late-night operations

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Cocktail Kit Delivery

Subscription service delivering pre-portioned craft cocktail ingredients with recipes from local Austin bartenders.

2

Bar Staff Marketplace

On-demand staffing platform connecting trained bartenders and servers with venues needing last-minute coverage.

Digital Score

81/ 100
Excellent

Quick Stats

Competitors4
Est. Revenue$32-76K
Market Trendstable
Digital Score81/100

Contact Info

1770 Warner Ranch Drive, Round Rock, TX, 78664, 78664
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Element Austin Round Rock stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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