One of San Antonio’s most beloved boutique hotels is closing its doors. Hotel Havana, a River Walk landmark known for its vintage charm and the popular Ocho bar, will close in October 2025 after 15 years under its current ownership. 

The future of the property has not been announced, but its prime downtown location makes it one of the most valuable redevelopment opportunities in the city. 

Why This Closure Matters 

Hotel Havana has been a cornerstone of San Antonio’s boutique hospitality scene, blending history with art-inspired design. Its closure opens the door for potential redevelopment into luxury condos, mixed-use space, or another hotel project—each of which would reshape downtown’s real estate and tourism landscape. 

This change reflects broader transitions in the city’s hospitality and commercial sectors, as developers respond to post-pandemic demand for multi-use urban spaces. 

Impact on the Real Estate Market 

For Homeowners 

• Property values near the River Walk could rise if redevelopment draws new tourism or residential interest. 

• Increased foot traffic may boost surrounding retail and dining. 

For Buyers 

• Redevelopment may introduce luxury residential opportunities downtown. 

• Urban living demand continues to grow, especially among professionals and investors. 

For Sellers 

• Properties near cultural and hospitality redevelopment often sell faster and at stronger price points. 

Expert Insight 

According to Tami Price, Realtor® | Broker Associate with Real Broker, LLC, “Closures like Hotel Havana’s are rarely just endings—they’re transitions. Given the location and history, we’re likely to see a redevelopment that further elevates downtown San Antonio’s appeal.” 

Practical Takeaways 

• Investors: Monitor city filings for redevelopment proposals or zoning changes. 

• Homeowners: Expect rising demand for residential and mixed-use properties near the River Walk. 

• Buyers: Consider long-term investment potential in downtown condos and historic conversions. 

Bottom Line

While Hotel Havana’s closure marks the end of a historic chapter, it also represents opportunity. Whether redeveloped into a luxury hotel, residential lofts, or a hybrid concept, the transformation will contribute to downtown San Antonio’s continued revitalization. 

Frequently Asked Questions

Q. Why is Hotel Havana closing? 
A. The closure follows 15 years under its current ownership; further redevelopment details are pending. 

Q. What could replace it? 
A. Possibilities include a new boutique hotel, mixed-use project, or luxury condominiums. 

Q. When will it close? 
A. October 2025. 

For personalized market insights or help navigating urban investment opportunities, contact Tami Price, Realtor® | Broker Associate with Real Broker, LLC, at 210-620-6681.