New Orleans Hotel reopenings
Latest Hurricane Ida Analysis Reflects Vast Reopening in New Orleans
STR | September 22, 2021
Following up on STR’s initial Hurricane Ida analysis from 10 September, a vast majority of hotels in the New Orleans MSA have reopened with improving occupancy levels, especially in the core city center/central business district. This high volume of reopenings was to be expected because most closures were due to short-term power outages rather than property damage. Remaining short-term temporary closures are mostly concentrated in submarkets outside of the city. In terms of Ida-related demand, data for 5-11 September indicated a smaller shift compared with the previous week. Occupancy moved downward in safe harbor markets in Alabama, Mis...