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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