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Harvey may wash away Houston hotels' revenue

The industry is already reeling from low occupancy and room rates for third straight year as it struggles with depressed oil prices

The impact of Hurricane Harvey on Houston's hotel market could last for over a year. However, many groups are likely to book events in Houston once order is restored to show support for the city.


HOUSTON'S hotel market, already the worst-performing in the United States, is poised to take a further beating from Hurricane Harvey as the natural disaster creates chaos in a city that's been reeling from low oil prices for the past three years.

Some area hotels are...

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