The number of reported closings is likely to rise as communications systems are restored and the extent of the damage will become better known as certain areas like New Orleans are reopened to travel, allowing hotel owners and manager and insurance adjusters to travel to the affected areas to make property assessments.

191

Accommodations are more like those of a dormitory than a hotel, ... Those hotels providing temporary shelter today will require significant refurbishing in the future before resuming normal operations and welcoming the traveling public.

188

Lenders are always looking at the borrower in terms of ability to pay off the loan. If the borrower is going to have a much smaller loan, it's more feasible for the lender. It's less risky and a better transaction.

173

We met with VCC and Carter, relayed the information and within a couple of days they were expanding this wall out to meet the requirements.

172

Although you hear great things about hotel recovery, the industry is still not back. Lots of inner-city construction is not feasible for a pure and simple hotel. It doesn't work.

171

Basically we had to take and install the systems pretty much what I consider backwards. Instead of starting from a central point and moving out, we went to the outer edge and moved back in.

156

All 16 channels are recording all the time. If you can imagine the amount of recording that's actually moving through time, it's a huge amount of data, but it only saves the video that contains motion.

151

I would not be gloom and doom because it is not at all gloom and doom.

140

If you're a developer, the first criterion is that a hotel must be justified on that spot. If a hotel isn't justified, it should not be built.

137

Accommodations are more like those of a dormitory than a hotel. These hotels are operating with few staff members, as a majority of hotel workers were among the thousands of people ordered to evacuate. Those hotels providing temporary shelter today will require significant refurbishing in the future before resuming normal operations and welcoming the traveling public.

137

The overriding consideration on everyone's mind was to get the Certificate of Occupancy. It was issued on the first inspection by the fire inspector, which was an extremely important goal because you can have all the businesses open, but if you can't park anywhere, it's not going to do you any good.

98

Those hotels providing temporary shelter today will require significant refurbishing in the future before assuming normal operations and welcoming the traveling public.

87

That's to control the flow of traffic so that the public does not get into the non-public areas.

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