Houston hotel market, worst in U.S., faces pain from Harvey

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Harvey boosts hotel market across northwest Houston. By Tamra Santana, For the Chronicle. Updated 1:36 pm CDT, Thursday, October 19, 2017

Omni Hotel - Flooded - Hurricane Harvey - 08-30-2017 Demand for hotel rooms in Houston and nearby cities is expected to surge in coming months, as displaced families seek temporary housing and a cadre of relief workers, insurance adjusters and.

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Occupancy boost after Hurricane Harvey means revenue is down. A revised market forecast by hotel research firm STR has the U.S. hotel.

Houston’s Poorest Face Long, Uncertain Post-Harvey Recovery. running up a tab of $190 billion in losses – the costliest storm in U.S. history.. she finds every day a struggle in one of.

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United Airlines, with Houston hub, to take a $250 million financial hit from Harvey . Filed under. Houston hotel market, worst in U.S., faces more pain from Harvey.

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Houston’s hotel market, already the worst-performing in the U.S., is poised to take a further beating from Hurricane Harvey as the natural disaster creates chaos in a city that’s been reeling.

Houston ranks No. 5 among U.S. cities with the most hotel rooms under construction, according to STR. Work is underway on 4,475 new hotel rooms, the equivalent of about 5 percent of the city’s.

Hurricane Harvey’s Impact On houston real estate market Best And worst houston neighborhoods Two Months After Harvey. Two months after Hurricane Harvey, see which Houston neighborhoods are most and least affected by the Hurricane.

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