Small Business Resources, Business Advice and Forms from AllBusiness.com
 

The Perfect Storm: Can Incentive Travel Weather the Aftermath?

By By Maggie Rauch
Publication: Incentive
Date: Monday, November 1 2004
As the 2004 hurricane season draws to a close, one thing is for sure—it's been an ugly one. Much of Florida and the islands of the Caribbean suffered extensive damage, and several hotels were affected by the storms.

Between August 13 and September 25, hurricanes Charley, Frances, Ivan and Jeanne combined to create the worst hurricane season in decades. Complete damage estimates were not available at press time, but the Caribbean Hotel Association says about 5,000 of the 123,000 rooms it represents were seriously affected.

The Florida Hotel & Motel Association (FHMA) was much less specific in its assessment. "We've got about 400,000 guest rooms in Florida and somewhere between 20 to 30 to 50 percent of those are in areas that were hit," says Thomas Waits, president of the FHMA. "And while many survived, some sustained serious damage."

Most of the properties that closed for more than a few days as a result of the storms were expected to reopen in late fall, but a few will remain closed until February or later.

"It's been a struggle, a catastrophe from which it will take some time to recover," says McKeeva Bush, the Cayman Islands' Minister of Tourism, Environment and Development. Bush says 90 percent of the island nation's hotels were damaged in the storm, and many hotels there will be closed until late this month.

Meanwhile, the hotel associations of Florida and the Caribbean, and other hospitality representatives, are working hard on marketing campaigns to keep travelers interested and updated. In Florida, the tourism community will ask the state legislature for emergency marketing funds in a special session later this month.

In addition, make sure to read these articles:

  • FPL Joins Employees and Customers to Help...
  • JUNO BEACH, Fla. -- Florida Power & Light Company announced that a joint effort with its customers and employees to help Floridians affected by this ......
  • Extreme force: four fierce hurricanes put new...
  • A tour of hurricane-ravaged Florida, where four storms in six weeks destroyed more than 25,000 homes and damaged 4,600 others last summer, helped State Farm ......
  • Fairfax Announces Loss Estimates For...
  • TORONTO -- Fairfax Financial Holdings Limited (NYSE:FFH) (TSX:FFH) announces that its initial estimate of aggregate potential net losses relating to Hurricanes Frances, Ivan and Jeanne ......
  • Gaming services adds new office.
  • WhiteSand Consulting, a gaming industry professional services firm, said Jan. 31 it has opened a new office in Miami, serving South Florida and the Caribbean....
  • US adds US$100 million for Hurricane aid.
  • The US State Department announced an additional US$100 million in hurricane-recovery aid for nations in the Caribbean hit by deadly weather, reports UPI (Nov. 11, ......
  • Zenith Estimates Losses Related to Hurricanes...
  • WOODLAND HILLS, Calif. -- Zenith National Insurance Corp. (NYSE:ZNT) today announced its initial estimate of aggregate losses in its assumed reinsurance business attributable to Hurricanes ......
  • Paksnwi opens Miami warehouse
  • Miami— Paksnwi Furniture, a case goods manufacturer based in Dongguan, China, has opened a warehouse here to distribute contemporary bedroom and dining room furniture in ......
  • Winn-Dixie Says It Has Insurance to Cover Losses...
  • JACKSONVILLE, Fla. - Winn-Dixie Stores, Inc. said late last week that it expects to be fully covered for losses due to Hurricanes Charley, Frances, Ivan, ......
  • Record numbers at JIS show
  • Just weeks after the last of four hurricanes struck Florida and the Caribbean, the Jewelers International Showcase (JIS) 48th Fall Miami Beach Jewelry Trade Show ......
  • Progressive Claims Representatives Still Hard at...
  • TAMPA, Fla. -- Progressive: The Quick Tally: Four Hurricanes In Less Than Eight Weeks + 1,179 Claims Representatives Deployed + More Than 1,000 Round-Trip Airline ......
  • Atlantic storms cause flight cancellations.
  • AIRLINE INDUSTRY INFORMATION-(C)1997-2004 M2 COMMUNICATIONS LTD Storms in the Atlantic are causing problems for airlines flying to Florida and the Caribbean, with major airlines cancelling ......
  • Despite Fla. hurricanes, JIS Miami show breaks...
  • The Jewelers International Showcase (JIS) 48th Fall Miami Beach Jewelry Trade Show experienced record attendance and participation and substantial growth over the preceding year, setting ......
  • FRCC Board Appoints Sarah S. Rogers to the Post of...
  • Rogers Succeeds Retiring FRCC President and CEO J. Ken Wiley TAMPA, Fla. -- The Florida Reliability Coordinating Council, Inc. (FRCC) Board of Directors today announced ......
  • Building supplies hold steady after storms.
  • A survey of suppliers by the Associated Builders & Contractors of Georgia found that construction materials are adequate and prices are stable despite hurricanes Charley, ......
presented by