Hurricanes Aren’t Deterring Investors in Beach Hotels

Source: Travel News

Bloomberg

Damage at the Caribe Playa Beach Resort after Hurricane Maria in Patillas, Puerto Rico, in 2017. Caribbean hotel owners are still recovering from 2017 storms. Bloomberg

Skift Take: Despite storm risks, hotel owners continue to justify investing in beach properties. High room rates and discounted asset prices are part of the pull. A key question is how well insurers will adapt to the likelihood that climate change may cause more intense hurricanes.

— Sean O’Neill

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Hurricanes Aren’t Deterring Investors in Beach Hotels