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Archive for the 'Liability Insurance' Category

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Hotel Employees on Strike – Bad News for Business

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Posted on 04.11.09 by VIP Hotel Insurance 4:27 pm

If your workforce is in danger of striking, check with your hotel insurance broker to understand your coverage options and additional coverage requirements during any strike.It’s the news no hotelier wants to hear – union staff have voted to walk out. Not only do you have to find interim help that’s willing to cross picket lines; you have to find guests who are also willing to do so.

 

 A work strike could cost your company more than just dollars. As with the case of the downtown Chicago Sheraton hotel locations facing such a strike the last week of October 2009, staffing shortages could seriously impede your business as usual. In the case of the Sheraton unionized workers, over 1,000 staffers were set to vote on whether to walk. Finding replacement help – adequate replacement help – is a crippling task. What’s more, interim staff have a higher risk associated with them. Because they’re not familiar with your business model, there’s a good chance your guest relations ratings could suffer. Not to mention the variables you can’t control – temporary employee unreliability, theft, and the chance that these employees weren’t vetted properly. Inefficient performance is one thing – guest safety, entirely another.

 

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Peepholes in your Hotel Security

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Posted on 21.10.09 by VIP Hotel Insurance 1:47 pm

Of all the risks a hotelier faces, who would have ever considered the risk of a guest tampering with another guest’s room?  Risk assessments for insurance coverage can help you determine any additional security measures or equipment to further ensure guest safety.Of all the risks a hotelier faces, who would have ever considered the risk of a guest tampering with another guest’s room? Yet that’s exactly what happened to ESPN’s Erin Andrews, who was the victim of an alleged peeping tom – a man who reportedly stalked the woman in a most unusual way. The case against the man states he tampered with the peep hole in Ms. Andrews’ hotel door, then proceeded to watch her movements in her hotel room.

 

What’s equally disturbing is the alleged perpetrator’s actions prior to the incident and the hotel’s response. According to police records, the man requested a room adjacent to the victim’s room, a request the hotel chain honored. That move has turned the industry upside down in an effort to redefine hotel policies and guest security procedures.

 

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Why General Liability is Too General for the Hotel Industry

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Posted on 15.10.09 by VIP Hotel Insurance 9:44 am

Don’t expect a basic commercial liability policy to cover your specific hotel insurance needs. Examine your current coverage with a hotel insurance specialist to see how much you’re leaving to chance. Specialized hotel insurance products offer a level of protection unmatched by generic policy coverage.If you’re relying on a generic commercial general liability insurance policy to cover your hotel business, oh, the gaps you’ve created. Oh sure, the general liability policy is going to cover your building and grounds, but it doesn’t begin to address the specific risks that hotels face. And while many general liability policies give you additional coverages that are useful – such as employer’s liability coverage – it falls far short of giving your hotel business the comprehensive protection that a hotel insurance policy would give you.

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Hotel Disability Access: It’s Not Enough

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Posted on 02.10.09 by VIP Hotel Insurance 2:48 pm

Your hotel is most likely in compliance will all federal and state disability statutes, making you believe your compliance has helped you avoid unnecessary lawsuits. Oh, if it were only that simple! Having a risk assessment done on your hotel property can help you identify noncompliance and take corrective action before it becomes a lawsuit.Your hotel is most likely in compliance will all federal and state disability statutes, making you believe your compliance has helped you avoid unnecessary lawsuits. Oh, if it were only that simple! Fact is despite the best efforts and intentions of many hotel businesses, hoteliers are being sued for third party risks, such as discrimination, harassment, and in one particularly odd case, emotional distress because the establishment’s disabled parking was inadequate for the patron’s van.

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Street Cred – how is your brand and reputation perceived?

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Posted on 24.09.09 by VIP Hotel Insurance 4:04 pm

If you don’t already have coverage for brand or reputation risk, now is the time to consider covering losses stemming from bad publicity, faulty products, or failed business practices that negatively reflect on your company brand.Just ask Hyatt Hotels officials today why it’s important to have brand and reputation insurance coverage for your hotel operations. The company’s recent move to fire its Boston-based housekeeping staff and opt to outsource work to a staffing firm outside of Massachusetts – based in Georgia, in fact – has earned Hyatt more publicity than it cares for. Worse, the company had the staff train their “vacation” replacements, but failed to mention that these were the people who would have their jobs once the 100 modestly paid staffers were let go. Ouch. Since the move was announced August 31st, Web-based news articles are littered with reader comments citing “shame on them” types of admonishments; that’s press coverage no company wants.

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