Preparing Hotels for Natural Disasters and the Steps to Recovery By Amy King Natural disasters occur more frequently and with more force than ever before. According to the National Oceanic and Atmospheric Administration, from 1980-2024, the U.S. experienced an average of nine natural disasters with losses exceeding $1 billion per year. But in just the past four years, … [Read more...] about When Disaster Strikes
Insurance
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Language Buried Within Insurance Policies Often Shortchanges Hoteliers By Nick Fortuna Ever since the pandemic, hoteliers have watched steeply rising insurance costs take bigger bites out of profits, but at long last, there are signs of a reprieve. During a conference call with investors in February, Hilton President and Chief Executive Chris Nassetta pointed to “some … [Read more...] about Read the Fine Print