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Answer: May Hashem make up your losses and reward both parties for their good intentions under trying circumstances.
We will assume in this discussion what we do not know – that the guests were at least causatively responsible (gerama) for the damage, including from water, which was at least an understandable course of action by the sprayers. In many cases of gerama, the damager (mazik)has a moral obligation to pay (chiyuv latzeit y’dei shamayim – see Bava Kama 56a). However, one should not demand pay unequivocally when there is only a moral obligation (K’tzot Hachoshen 75:4). Therefore, you must determine before making claims how much you believe the guests owe in legal, not just moral, terms. Of course, realize that we have heard only your presentation and can say nothing conclusive, other than what we think you can ask for based on your version of the story. Your guests have every right to present their version to a halachic expert of their choice, and you will then see if there is a need for dispute resolution. This is very healthy when people do it in the right spirit.
If the sprayers acted in a way that professional firefighters would have, then the guests would be obligated to pay even for water damage. It is not only the direct damage one causes that one is responsible for, but even the continuing naturally results. This is similar to the halacha of one who wounds another and must pay for new medical problems that develop later from the old ones (Bava Kama 85a).
What if the spraying was uncalled for? The closest Talmudic precedent we found regarding such third-party damage is the gemara(Sanhedrin 74a), regarding damage done while trying to prevent murder. The attempted murderer is exempt from payment due to the fact that he is simultaneously subject to being legally killed to save his would-be victim (see Sanhedrin72a). If a third-party savior damages someone’s property during his efforts, he is exempt due to a special Rabbinic enactment to not discourage people from helping. This implies that according to standard halachic rules, he is considered the mazik. Similarly your sprayers appear to be the mazikin regarding water, although they likely fall under the exemption of the above enactment (see Chiddushei Anshei Shem, 44a of Rif, Bava Kama). The simple reading of the sugya is that the attempted murderer who precipitated the need for strong action is not a candidate for being obligated to pay. Thus, in your case, the mazikin for waterlog damage are the sprayers rather than the guests.
Bemare Habazak - Rabbis Questions (654)
Rabbi Daniel Mann
162 - Indirect Fire Damage
163 - Hatarat Nedarim by Skype
164 - Washing Hands with Soap on Yom Kippur
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One thing to be careful about when making demands is estimating value. Halacha grants compensation for the drop in value of the damaged property, which often does not suffice to replace with new items (Shulchan Aruch, CM 387:1).

Kuzari -Rabbi Ari Shvat Kuzari class 8- "Answering Questions on the Kuzari's Proof from Mass Revelation
Lessons
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Kuzari -Rabbi Ari Shvat Kuzari class 9 - "Seeing is Believing" (parag. 21-30)
These paragraphs elaborate on the theme that seeing and knowing is better than any attempt to prove logically, and begins explaining the difference between Israel and gentiles.

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Kuzari -Rabbi Ari Shvat Kuzari class 8- "Answering Questions on the Kuzari's Proof from Mass Revelation
How do we know that the "claim" of mass revelation to 2,000,000 witnesses at Mt. Sinai is really true? This important class answers all of the questions skeptics ask about this claim of the Kuzari.

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Ein Aya Muscle & Meaning: The Dual Nature of Gevurah (Physical Strength)
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