What Should You Know About Risk Management In Hospitality Business

Although the covid-19 pandemic did make the hurdles for the hospitality sector harder, those challenges on a typical day aren’t as straightforward as they would appear on the surface. Numerous risk variables exist, and addressing them is what establishes a reputation in the field. Despite the fact that a wide range of problems arises every Read More

What You Must Know About Mitigating Risks in the Hospitality Industry

Owning and operating a hotel can be lucrative, but you may have to deal with numerous risks related to lodging, dining, employee mistakes, and amenities. Managing and controlling these risks is essential; otherwise, they can lead to expensive lawsuits and settlements, interrupting your business operations while causing financial losses. However, knowing the common risks in Read More

The Basics of Hospitality Insurance Coverage for Hotels and Motels

According to National Fire Protection Association (NFPA), the U.S. fire department responds to about 3,520 structure fires in hotels and motels every year. Besides fire, the hospitality industry faces many more hazards, ranging from generic hazards such as trips and falls to more unique hazards such as liquor liability. If left unchecked, these hazards can Read More

Key Coverages in a Hospitality Insurance Program

Hospitality is a dynamic and exciting industry. With services ranging from nightclubs to bars to comedy clubs, there is a diverse variety of risk exposures. Insuring your business with a respected Hospitality Insurance Company will not only protect you from potential loss, but help your company thrive. Here are a few key coverages to implement in Read More