Asheville hopes for a big fall tourist season to boost its post Helene economy
Summary
Asheville, North Carolina is counting on a busy fall tourist season to help local businesses recover from the impact of Hurricane Helene, which hit last year. Many businesses suffered significant damage and losses, and they are now hoping that an influx of visitors will bring in the much-needed revenue to stabilize the local economy.Key Facts
- Hurricane Helene caused extensive damage in Asheville last year, affecting power, internet, and water services.
- Tourism, a major part of Asheville's economy, came to a halt when the storm hit.
- Small businesses in the area reported average losses of $322,000 each due to the hurricane.
- Brandon Davis, owner of the bar Day Trip, was able to reopen at a new location after raising $200,000 through fundraising.
- Vacation rental demand in Asheville dropped by about 20% post-Helene.
- Many businesses had to reduce operations or give services for free, affecting their financial stability.
- The hospitality industry in Asheville hopes the fall tourist season will boost their earnings and help in recovery.
- The storm caused a significant reduction in the workforce of some businesses, like the brewery Thirsty Monk, which was forced to close.
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