Hotels & Hospitality

Hotels and Hospitality businesses can, from an outsider’s perspective, be mistaken as being relatively simple but this is often far from the truth.

The hotel industry can vary dramatically from a single building with no ancillary facilities to multi-hotel resorts and condominium complexes with restaurants, casinos, nightclubs and bars.

The nature / cause of the loss can drastically impact the overall size and difficulty of loss computations.

The hospitality industry throws up similar challenges. Long term projections are often based on best case scenarios when in practice the likelihood of these outcomes is marginal. This alone can make accurate budgeting tricky, before consideration is even given to other factors such as seasonality, weather, concurrent issues or other factors/incidents impacting the wider geographical area, to name a few.

Even with these challenges, we have successfully worked on major and complex hotel and hospitality instructions globally.