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IPFS News Link • Economy - Economics USA

Oil Gusher impacting Gulf Coast Hotels

06-03-2010 • CalculatedRiskBlog.com

“Our members are experiencing unprecedented cancellations heading into their peak season, and this advertising campaign is critical to our economic survival,” said Carol Dover, president and CEO of the Florida Restaurant and Lodging Association in Tallahassee ... Many hoteliers in Northwest Florida that are typically at 90 percent occupancy rates heading into the Memorial Day weekend, were reporting a drop in bookings by 30 percent, according to the FRLA.

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Reported By Jack Gregson

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