Tag Archives: Property Damage

by | July 16, 2014 · 8:21 am

Hospitality Industry Insurance Update: “Federal Backstop for Terrorism Insurance Set to Expire”

“…In 2002, Congress stepped in and passed the Terrorism Risk Insurance Act (TRIA),hotel lobby a public-private partnership that provides a federal backstop against losses from a terrorist attack. But the law is scheduled to expire at the end of this year, and the two competing bills that would renew it lay out different visions of how much federal help private insurers should get…”

When a large hotel near the World Trade Center was destroyed in the 9/11 attacks and a second one severely damaged, the company that owned them — like many other businesses — was relieved they were covered by insurance.

But after 9/11, the insurance industry, which ended up sustaining an estimated $32.5 billion in total losses, grew skittish and began excluding terrorism from commercial policies nationwide. That resulted in businesses having less terrorism coverage or none at all. States and cities worried lenders wouldn’t approve loans to businesses that didn’t have terrorism coverage, potentially stunting economic development and harming real estate markets.

For more: http://bit.ly/UctZG6

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by | July 7, 2014 · 9:43 am

Hospitality Industry Legal Update: “Greenwood Village to Take Final Vote on Hotel-Motel Stay Limit”

“…The law would give long-term hotel and motel patrons in Greenwood Village until Nov. 1 to find a new place to live. Greenwood Village City Council meeting they will have first reading on an ordinance amending the Greenwood Village land development code regarding length of stay in hotels and motelsA daily fine of $499 could be levied against the hotel operator, or the occupant, for violations beyond the stay limit…The hotel operator would be responsible for moving out long-term residents on a voluntary basis. But because Colorado law gives tenancy rights to anyone residing at one location for 30 days or more, those who refuse to leave could face eviction.…”

Dozens of families living in Greenwood Village hotels and motels will have to start looking for new homes if the City Council on Monday passes a measure limiting a hotel stay to no more than 30 days.

The city claims the ordinance is needed because hotels, which lack residential zoning, are not equipped to operate as long-term living facilities.

For more: http://dpo.st/1pUIf50  

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by | June 9, 2014 · 8:21 am

Hospitality Industry Crime Update: “2 Teens Shot at West Berkeley Hotel Party”

“…According to unconfirmed scanner traffic, one person had been shot in the face and one person had been shot in the leg.Berkeley Hotel Both were taken by ambulance to a local hospital for medical treatment.Authorities received a report of a third person who had been shot in the chest, but had not located anyone matching that description as of 11:15 p.m. They planned to call local hospitals to see if that person had gotten to the hospital in some other way, according to the scanner…”

Berkeley Police spokeswoman officer Jennifer Coats confirmed that two teenage juvenile boys were shot at La Quinta on Saturday night.

She said she could not comment on their injuries due to medical privacy laws, but said the wounds did not appear to be life threatening. Both were taken to a local hospital for treatment.

Police have not located a third gunshot victim, though one initially had been reported. Authorities have asked area hospitals to alert the Berkeley Police Department if they become aware of one.

For more: http://bit.ly/1kWZQF9

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by | April 16, 2014 · 9:06 am

Hospitality Industry Insurance Update: “Insurance Recovery for Business Interruption & Slowdown”

“…When claims arise, insurance companies will often look for ways to deny coverage or diminish their exposure to the loss. After charging you premiums based on the entirety of your business operations, these insurance companies should not be so quick to deny coverage to you on the grounds that Image you merely suffered a slowdown or partial interruption. If your insurance company is not fully cooperating, you should engage the services of an insurance recovery attorney who can assist you in getting the insurance company to honor its obligations under the policy…”

What happens when a hotel suffers property damage, whether by natural disaster or man-made accident, and is forced to close some or all of its rooms, amenities or services? It is important to understand how insurance can protect you from the resulting financial loss. In addition to potential recovery for property damage from your property/casualty policy, you may be able to recover lost revenue from your business interruption coverage. If your operations are disrupted, whether completely or partially, the language of your policy will determine if, and for how long, your insurance company will cover such loss.

For more: http://hlconverge.com/index.php/component/k2/item/825-insurance-recovery-for-business-interruption-slowdown

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by | April 8, 2014 · 8:08 am

Hospitality Industry Risk Management Update: “5 Factors to Consider When Courting Spring Breakers”

“…Local ordinances and zoning laws could affect your business. ‘There comes a point when residents, business owners, and politicians no longer want those students there, and theyImage will start passing laws like in Daytona Beach or Fort Lauderdale to curb or even eliminate behavior,’ Laurie says. ‘Students will then go to a place where those rules don’t exist.’…”

From March through mid April, hundreds of thousands of college students flock to warmer climates for a weeklong escape from the winter doldrums and pressures of academic life. And while this time of year can bring a spike in hotel occupancy to popular vacation destinations across the country, the traditional spring break party does come with its fair share of challenges and risks for owners. John Laurie, director of the destination marketing and tourism practice at Bond Public Relations and Brand Strategy in New Orleans, shares five factors to consider when determining whether to court the next generation of spring breakers.

For more: http://www.lodgingmagazine.com/5-factors-to-consider-when-courting-spring-breakers/

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by | March 26, 2014 · 8:19 am

Hospitality Industry News Update: “Deadly Hotel Fire Raising Safety Concerns in New Jersey”

“…One woman, who stayed at Mariners Cove days before the fire, says the motel had battery-operated smoke detectors, but fire victims say they never went off.  ‘That’s the thing, they were battery-powered fire alarms. Once they get hot and they melt, they are not going to work,’ said Tammy Tilton…”

The deadly motel fire in Point Pleasant, New Jersey is raising safety concerns at other motels in the area.

Activity has died down at the scene, but the probe continues into Friday morning’s deadly fire at the Mariners Cove Motor Inn in Point Pleasant Beach.

The blaze killed four people, including 66-year-old Albert Sutton, formerly of Mount Laurel.

Based on surveillance footage pulled from the rubble and restored by computer experts at the Ocean County prosecutor’s office, detectives have determined the cause of the fire was careless smoking.

For more: http://abclocal.go.com/wpvi/story?section=news/local&id=9479643

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by | March 14, 2014 · 8:56 am

Hospitality Industry Risk Management Update: “Code Violations Plagued The Majestic Hotel Before Fire”

“…In an evaluation of the hotel in 2012, the fire chief predicted the hotel’s ultimate demise stating, “In the event of a fire it is anticipated portions of the yellow brick will begin to fail at an early state in the fire’s development.Image To place the cities firefighters inside the yellow brick building under those firefighting conditions is to needlessly expose them to injury or death…”

Two weeks ago today an historic hotel, more than 100 years old, went up in flames. Tonight, we’re learning more about what Hot Springs city leaders did to try and prevent the Majestic Hotel fire. Talk to just about any Hot Springs resident and they’ll give you a memory of the Majestic.

One bystander said, “That was the restaurant there and 20 years ago my husband and I had our first date there.” Another person said, “We had our wedding reception in the Majestic.” In the 1950’s the hotel became so popular, construction crews added on to it.

For more: http://www.arkansasmatters.com/story/d/story/code-violations-plagued-the-majestic-hotel-before/52879/rJ44s7w9-ku2EpG5lLKoGw

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by | January 21, 2014 · 8:02 am

Hospitality Industry Maintenance Update: “Hotel & Building Maintenance Tips”

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To see full size infographic: http://visual.ly/hotel-building-maintenance-tips

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by | December 17, 2013 · 9:45 am

Hospitality Industry Property Risks: Wisconsin Hotel Fire Likely An Electrical Short Tied To Bathtub Overflow; “Fire Stops” Limit Damage

“…(the fire likely started in the area where) a bathtub on the second floor overflowed for an extended period of time…the fire was likely electrical Hotel Fire and Smoke Damagein nature…Most of the damage was limited to the back one-third of the hotel, thanks to the building’s design, which includes “fire stops” — concrete barriers between sections of larger buildings that help keep potential fires from spreading…”

Investigators say a fire that tore through the Days Inn in Wausau Saturday evening started in the same area where a bathtub overflowed earlier in the day. Investigators from the Wausau Police Department, Wausau Fire Department, and the State Fire Marshal’s Office were at the hotel at 116 S. 17th Ave. Sunday to look into the cause of the blaze that displaced at least 20 long-term residents.

Wausau Police Capt. Greg Hagenbucher said investigators were notified of an incident earlier on Saturday where an amount of water damage was caused when a bathtub on the second floor overflowed for an extended period of time. The damage occurred in the same area where the fire was discovered. Hagenbucher said the fire was likely electrical in nature and does not appear suspicious.

For more: http://www.wisconsinrapidstribune.com/article/20131215/WRT01/312150299/Updated-Days-Inn-fire-likely-electrical-tied-water-damage-from-overflowing-bathtub

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by | December 16, 2013 · 7:05 am

Hospitality Industry Property Risks: Idaho Hotel Suffers Water Damage To Lobby And Parking Garage When “Frozen” Fire Suppression Pipe Bursts

“…it took some time for Boise firefighters to stop the broken line, drain the water and help dry out the lobby of the hotel and Hotel Water Damagethe parking garage…(hotels must) take some precautionary measures to keep pipes from freezing and especially as they start to thaw (such as) wrapping the pipes with heating tape…”

Saturday night at the Hampton Inn in Boise’s downtown a thawing fire suppression pipe burst and sent water surging. A first person video shows the amount of water that came flowing inside the parking garage, which Captain Ramey said was due to a frozen fire suppression pipe that was expanding and thawing.

It was not the first time the fire crews responded to the report of burst pipes as the temperatures in the Treasure Valley started to warm after our recent cold snap. Last Tuesday, pipes burst at the Tavern at Bown Crossing causing damage inside the building and forcing the restaurant to close for a couple days. Also, United Power workers were out last week helping more than 70 customers thaw  their pipes.

General Manager of the Hampton, Erik Hansen, said the pipe burst in the garage area, which is not heated and the water poured below denting one car and covering another with water.

Hansen said they actually had a fire suppression pipe burst during last winter’s cold snap. It was in a completely different area of the building. He says they will now likely be wrapping the pipes with heating tape.

For more:  http://www.ktvb.com/news/Pipe-bursts-and-surges-through-Bodo-hotel-and-parking-garage-235964821.html

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