Hurricanes Expected To Boost Extended-Stay Hotels

October 11, 2017   |  Hotel News Now

HNN - Hurricanes expected to boost extended-stay hotels

ATLANTA—Empirical evidence from the post Hurricane Katrina period strongly indicates the recent severe weather will significantly increase extended-stay hotel revenue per available room in markets closest to where Hurricanes Harvey and Irma landed.

Furthermore, the boost to the extended-stay segment’s current strong performance will extend regionally during the near term, and the benefit to economy extended-stay hotels could measurably lift the segment’s national average performance well into 2018.

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