Distinguished Blog - Hospitality & Restaurants

Market insights and industry news.

Why Cyber Insurance Is Critical for Limited-Service, Franchise Hotels’ Business Continuity

Hotels are favorite targets of cybercriminals, who are upping their game with increasingly sophisticated tactics to breach and shut down networks, demanding a ransom to get a system back online, and duping employees into providing confidential data and wire transfer of money. According to Cornell University and Freedom Pay research, 31% of hospitality providers have…

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4 Lawsuits You Don’t Want at Your Hotel

A man walks into a Vegas hotel room. Sees a silhouette of a person in his darkened room. In a panic, he scrambles away, causing injuries to his body and mind. Bam. Lawsuit. The twist? The “person” he saw was a mannequin, part of room decorations in a Planet Hollywood casino-hotel with 2,500 rooms. Here’s…

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$160+M Vegas Hotel Nightclub Liability Verdict Shows How High the Stakes Are

When New York City billion-dollar hedge fund manager David Moradi decided to hang at The Cosmopolitan’s Marquee nightclub, he didn’t expect to end up suffering a traumatic brain injury. This is exactly what happened when an issue occurred over a $10,000 bill David racked up at the nightclub. According to his claim, the Marquee security…

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What Hotels Can Learn from the Success of Airbnb

  Imagine you’re making vacation plans to explore a new city or country. Picture a comfy bed, a suggested guide to the city left on the bedside table, an eat-in-kitchen and a bathtub to soak in…Did you picture a hotel room or someone’s empty apartment? The hospitality industry is continuing to consider consumer preferences as Airbnb…

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5 Tips You Didn’t Know About Deck Safety

April showers bring May… liability claims? Okay, okay, we’re not trying to metaphorically rain on the upcoming deck parties, barbecues, and flowers sprouting up all around us. But the reality is that the potential for loss changes, just like the seasons.

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Pool Safety: Pool Drownings Can Happen in A Flash

More than 3,500 people – many of them children – drown each year in the U.S. and many more suffer serious, irreversible injury in near-drowning incidents, according to the Centers for Disease Control and Prevention (CDC). Furthermore, for every fatal drowning incident involving a child 14 years old or younger, three children require emergency room…

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Why Hotels Need a Cyber Insurance Policy

Having a separate Cyber insurance policy is vital to corporations that store any sort of customer data. Too often businesses mistakenly believe that their Commercial General Liability (CGL) insurance will respond in the event of a data breach. This isn’t so as reflected by the latest case involving a Florida hotel group looking to its CGL policy…

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Hotel Property Faces $4M Lawsuit After Boat Accident Injures Employee

You can imagine the scene: It’s the end of a long and hardworking summer season for managers at a trendy hotel on New York’s Shelter Island. They decide to celebrate by taking a friend’s fishing boat over to one of the local restaurants. On the way back, one of the managers at the helm of…

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Making Every Day Earth Day at Your Hotel and Restaurant

Way back in the bell-bottom dark ages of 1970, a new day was born: Earth Day. Millions of people joined demonstrations that April 22 nearly fifty years ago to protest the deterioration of the environment. Oil spills, air pollution, not to mention toxic waste and wildlife extinction. Fast-forward to April 22, 2017: Earth Day organizers…

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Plug It In, Plug It In…Hotels Offer Electric Car Chargers

Electric cars. They’re quiet, they’re great for the environment, and they’re creating a clientele who seeks hotels where they can charge up their vehicles after check in. Eco-savvy travelers are often willing to pay a little extra so their BMW, Nissan Leaf, Honda EV, or top-of-the-line Tesla can get back in business without delay. And…

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The Skinny on Having Higher Umbrella/Excess Liability Limits

The industry sectors we insure are big businesses in the U.S. For example, revenue in the hotel industry across more than 52,000 properties is estimated at $189-plus billion. This includes everything from limited service hotels to luxury full-service hotels and resorts. The restaurant industry boasts $1 million-plus locations representing 10% of the workforce with revenues…

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