Distinguished Blog - Hospitality & Restaurants
Market insights and industry news.
The Beat Doesn’t Go On as Lawsuits Hit Hospitality Industry for Copyright Infringement
Walk into any hotel lobby, restaurant, or bar with music playing. Even when the music is background noise, it’s integral to the establishment’s ambiance and elevating the guest experience. Yet without proper licensing, establishments are taking a big risk of being hit with a copyright infringement lawsuit. Hotels, bars, and restaurants around the country are…
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The Most Unwelcome Hotel Guests
Imagine traveling to New York City for a special New Year’s weekend and finding the worst kind of unexpected guest in your hotel room. This couple did. And the hotel they stayed in is likely to pay for it, big-time. [Editor’s note: Watch the video at your own risk.]
How to Reduce Your Environmental Footprint 2016
News in the sustainability world: New York City’s most famed hotels are pledging to get greener. By doing so, these hotel owners have agreed to cut greenhouse gases from their buildings by 30 percent or more in the next decade. As New York mayor Bill de Blasio said, if Manhattan’s most iconic hotels can significantly…
2016: The Year of Cybersecurity?
As we think about trends for 2016—particularly those that technology will bring—there’s lots to be excited about: artificial intelligence and robotics replacing repetitive tasks, drones making deliveries, augmented-reality headsets enhancing our ability to visualize, along with several other trends mentioned in this recent BBC article. But, as technology guides us deeper into our mobile phones and…
Sustainability Spotlight: Marriott
We are always on the lookout for major brands that are setting the standard in green building practices. When it comes to hotels, Marriott is undeniably a leader in the field. In 2005, Marriott became the first major hotel company in the U.S. to design and construct a LEED-certified hotel according to U.S. Green Building…
Liven Up Your Portfolio With Luxury
In our last blog “How to Upscale Your Portfolio With Condos”, we talked about luxury condominiums and how they’re taking over the urban habitational landscape one unit at a time. Next up is one of our new favorites, Boutique Hotels.
The 2015 Marsh Global Real Estate & Hospitality Conference
Distinguished Specialty was a proud sponsor of the 2015 Marsh Global Real Estate & Hospitality Conference in Chicago on October 27-28. CEOs, CFOs, risk managers, and other senior executives were among the 200 industry professionals who gathered to explore the latest risk management trends and learn how to manage uncertainty and risk to create growth. Catch some…
Were you prepared for hurricane season this year?
As we near the end of the 2015 hurricane season, it’s a good time to remind those in the hospitality industry who are located on coastlines or in hurricane-prone areas what can be done to prepare for major weather events. This article from Hotel News Daily shares some great insights into what hoteliers can do to…
A New Product for Cyber Liability Coverage
We recently sat down with Distinguished Specialty’s Chief Operating Officer, James Flynn, to talk about a brand new insurance product on the Distinguished Speciality menu: Cyber Liability. For those keeping up with the news, you’ve read the headlines: data breaches, network hacks, business interruption by criminals seeking proprietary or confidential information. The risk of a…
Maximizing Hotel Business Interruption Insurance
An important part of a robust disaster plan for hotels and resorts is business interruption insurance. This coverage is essential in covering the loss of income suffered by a business after a disaster. Hotel business interruption insurance provides funds to make up the difference between the operation’s normal income and its income during and immediately…
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