SVLF: From their website... tough to say how this may effect revs in this quarter, even with insurance to cover damages:
Special Update September 14, 2008 – Hurricane Ike
The hurricane made landfall on Saturday, September 13, along the Texas Coastline near Silverleaf’s Seaside Resort in Galveston with its tropical storm winds and heavy rains traveling further into the state.
Seaside damage has not been fully assessed. The timing of the reopening of Seaside is uncertain. Further inland, Piney Shores sustained minimal damage. The resort should be fully operational within one to two weeks. Any owners with vacation weeks at Seaside or Piney Shores affected by the Hurricane are guaranteed their vacation. Silverleaf will either accommodate them at another Silverleaf Resort or offer them an alternate week.
Owners with questions or concerns about the impact of the hurricane can contact our Owner Services Department by calling 1-800-801-4083. Our email address is info@silverleafresorts.com.
On behalf of Silverleaf and Employees, we extend our thoughts and prayers to those affected by Hurricane Ike.
