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What Hurricane Season Means for Hospitality's Capex
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Provides a real-world cost example of hurricane repairs and resilience investments for the hotel industry, highlighting the impact of climate risk on capital expenditure.
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9月9日
- Skift FeedWhat Hurricane Season Means for Hospitality's Capex
Host Hotels & Resorts' 2025 annual filing reveals that hurricanes Helene and Milton caused an estimated $105 million in damage to The Don CeSar in 2024, with 30% related to remediation. In 2025, the company spent $75 million on hurricane and other restoration work, roughly 11.6% of its overall capex, and had received $73 million in insurance payouts. The hotel remained closed until late March 2025, with all amenities reopening by Q3. Over the past six years, about 8% of capex was dedicated to climate resilience.