S&P Global Ratings assigned its 'A-' rating to the City of Austin, Texas' $50.5 million series 2017 hotel revenue bonds, issued for the Austin-Bergstrom Landhost Enterprises Inc. (ABLE). At the same time, S&P Global Ratings affirmed its 'A' rating on the city's airport revenue bonds outstanding. In addition, S&P Global Ratings affirmed its 'AA/A-1' rating on Austin's series 2005 variable-rate demand obligations, the latter following application of its joint criteria. The outlook on all ratings is stable. The rating reflects our assessment of the following factors for Austin Bergstrom International Airport (ABIA): A strong and growing service area economy that benefits from low unemployment rates and an increasing population; Very strong historical enplanement growth averaging 5.8% from 2012-2016, which we
