Connect coverage to the actual operation
Hotel portfolios need consistent location data without obscuring differences in construction, protection, brand, amenities, catastrophe exposure, loss history, and revenue. Acquisitions, renovations, and property-improvement plans require active administration.
Risks to review
- Inconsistent values, entities, or coverage across locations
- Catastrophe concentration and shared operational dependencies
- Brand mandates, renovations, acquisitions, and lender terms
- Large combined property, income, cyber, and liability losses
Information to prepare
- Location-level property, room, revenue, occupancy, and entity data
- Construction, protection, updates, amenities, and brand details
- Catastrophe, deductible, valuation, and income assumptions
- Loss runs, renovation plans, lender requirements, and controls
Frequently asked questions
Should every hotel in a portfolio use the same limits and deductibles?
Not automatically. Location-specific values, construction, catastrophe exposure, financing, operations, and tolerance for retained risk should inform the structure.
How should property-improvement plans be handled?
Renovation values, vacancy, contractors, schedules, stored materials, code work, income impact, and reporting should be reviewed before work begins.
Coverage descriptions are general. Eligibility, availability, limits, deductibles, valuation, exclusions, and policy terms vary by operation and insurance market. Actual policy documents control.