Hurricane Otis left a trail of destruction in Acapulco after tearing into the historic Mexican beach town with wind speeds of 165 miles (266 kilometers) per hour, smashing shops and wrecking apartment buildings and hotels.

State authorities have reported 27 deaths and four missing persons so far, Security Minister Rosa Icela Rodriguez said in a press conference Thursday.

Acapulco likely suffered an economic impact of $10 billion to $15 billion, according to Chuck Watson, a disaster modeler with Enki Res

 » Read More