Todd E. Soloway and Meghan Hill discuss the growing financial burden of insurance in the hospitality industry and outline practical strategies for hotel owners to mitigate rising costs—such as early ...
As their losses continue to mount amid Covid-19 lockdowns, many restaurateurs and hotel owners are pressuring their insurance companies to cover business-interruption claims. The vast majority of ...
The hospitality industry, already reeling financially from a fallout in business and leisure travel, is now dealing with another blow: the highest insurance costs in five years. To help combat soaring ...
The owners of two Carrier Circle Marriott hotels are down $6.5 million in revenue this year due to the coronavirus pandemic, but their insurance company and corporate franchise have left them to fend ...
The Plaza Athenee is taking another loss, this time courtesy of a federal judge. Judge Mary Kay Vyskocil struck down the Upper East Side hotel’s insurance claim to recover money lost during the ...
The ongoing COVID-19 virus outbreak has made traveling and planning your travels more complicated than ever, with flight schedules, travel advisories and country restrictions changing every day as the ...
The hurricane season has dealt another blow to Caribbean hoteliers, in the form of increases in property insurance premiums that could range from 10% to 40%. "The Caribbean has enjoyed reduced ...
A New Hampshire-based hotel group’s case against its insurers over Covid-related losses is heading to the NH Supreme Court, and it could be one of the few such cases filed around the country in which ...
HASN’T LIVED UP TO ITS PROMISE. MIKE: NEW HAMPSHIRE BUSINESSMAN MARK STEBBINS SAYS THE PANDEMIC HAS CAUSED TENS OF MILLIONS OF DOLLARS IN LOST REVENUE FOR HIS HOTELS SPANNING FROM NEW HAMPSHIRE TO NEW ...