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question everything Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-04 08:56 PM
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WSJ: Florida Storms Disrupt Plans For Fall Travel
Sanibel, Captiva, Other Resorts Sustain Severe Hurricane Damage, But Disney World Has Reopened

By NICOLE HARRIS and AVERY JOHNSON
Staff Reporters of THE WALL STREET JOURNAL
September 9, 2004; Page D1

Florida's $51 billion-a-year tourism industry has been hard hit by back-to-back hurricanes, inflicting damage that could take hotels and other popular tourist spots months to repair.

The devastating winds and rain by Hurricanes Frances and Charley have turned more than 30 of the state's 67 counties into official disaster areas, and has left 13 people dead in the state. While the full extent of the damage is still being assessed, early tallies suggest that a significant number of resort properties -- ranging from the Hilton Daytona Beach Oceanfront Resort to the botanical gardens at Sundy House in Delray Beach -- have suffered considerable damage. The destruction has the potential to force a considerable number of vacationers in coming months to revise their travel plans -- in the process, hampering the state's economic recovery.

Hurricane Charley wreaked the most havoc on Florida's southwest coast, pummeling Sanibel and Captiva Islands, where posh resorts such as the 570-room luxury South Seas Resort on Captiva, as well as oceanfront condominiums, dot about two miles of pristine shoreline. By contrast, Frances's devastation is concentrated along the Atlantic Ocean, though the storm also lumbered through some of the same areas hit by Charley. Now Florida is bracing for Hurricane Ivan, which is packing winds of 140 miles an hour and could approach the state by Sunday.

The damage up and down Florida's east coast has caused hotel closures in the hardest-hit areas, between Daytona Beach and Palm Beach -- a strip that includes resort favorites such as Hobe Sound, Vero Beach and Cocoa Beach. Miami, Boca Raton, Fort Lauderdale, Amelia Island and Jacksonville fared better. On the state's west coast, Naples and Marco Island were relatively unscathed.

(snip)

In fact, many of the state's most famous tourist attractions remain intact. Walt Disney World is back up and running after Frances forced the closing of all four Walt Disney theme parks in Orlando this past weekend for two days -- the longest such closure in Disney's history. Orlando's hotels sustained no damage, and all the major attractions in the area are open. The Florida Keys, usually hard hit during hurricanes, emerged unscathed.

(snip)

Write to Nicole Harris at nicole.harris@wsj.com and Avery Johnson at avery.johnson@WSJ.com

URL for this article:
http://online.wsj.com/article/0,,SB109468366408312929,00.html


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rocktivity Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-04 09:07 PM
Response to Original message
1. And in a related story
Edited on Thu Sep-09-04 09:24 PM by rocknation
Florida Storms Disrupt Plans For Dry Sidewalks

:headbang:
rocknation
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teryang Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-09-04 10:00 PM
Response to Original message
2. There are shortages of food, gasoline, bottled water...
Edited on Thu Sep-09-04 10:01 PM by teryang
...continuing widespread electrical outages and no hurry to take down the plywood and sandbags until the press stops harping on Ivan. Stores and resturants are not selling perishables if they are smart and many are not restocking until they see what happens to Ivan.

The tourism business has been marginal since 911 and many smaller hospitality business (restaurants and hotels) will fold under this pressure. They were overpriced erratic income producers before this, now they are solidly in the red with all kinds of losses. How will they raise new funds to cover their losses and the newly damaged dilapidated structures with already red inked balance sheets?
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