306 | Calculated Risks: Catastrophic 2020 means higher insurance costs for hotels
Summary: When it comes to insurance coverage for hotels, the coronavirus pandemic is top of mind for most owners and operators these days. However, other areas of business protection cannot be a low priority. The U.S. in 2020 experienced a record number of billion-dollar weather-related catastrophes. Expect the same level of threat this year, say experts. Episode 306 of Lodging Leaders podcast explores how a hard commercial property insurance market is affecting the hotel industry.