While the potential for emergencies to arise may be outside of your hotel’s control, your ability to respond is not. By placing focus on planning for emergencies, your hotel is likely to be able to recover from them more positively.
Risk-adjusted returns for hotels – how do you measure them?
Too often, the quantification of risk is left to hunch, intuition and gut feel or at best a “sensitivity analysis” or a “best-case. worst-case” analysis. Without a probabilistic estimate of risk, the estimate of a risk-adjusted return is problematic.
Governments should focus on ‘high-risk travellers’
Individual traveller risk assessment will avoid exporting the virus International consensus needed on the metrics to assess risk.
Hotel security – expert strategies to keep hotels safe
Hotels security: Read these expert strategies to keep your hotel safe by leading hotel security expert, Stefan Vito Hiller.
Recession risk for US hoteliers rising says predictive analytics firm
The six month growth rate of HIL, a long-term growth predictive analytic which confirms the underlying cyclical behavior in the growth of US hotel business, has consistently slowed down in the last thirteen months, hitting an annual growth rate of 0.1% in April from a high of 5.9% in February of 2015.
8 tips on how to manage fast-changing hotel security risks
Hotel management and staff need to be more security savvy and better prepared to prevent criminal activities.
Risk and security – how can you demonstrate you care?
Guests, staff and even hotel investors need reassurance that they are going to be safe and secure, so hoteliers must work to minimising risk through ensuring that their property’s safety and security procedures are as robust as possible.
Top 5 risks and security challenges for hotels
Here are the latest threats hotels are currently experiencing and their intensity based on incident reports from last year and analysis of data from trustworthy sources.
Managing a flood of risks
If your hotel is located in a flood prone area, there are measures you can take to minimize risks and to limit material damage and inconvenience to guests.
The benefits of a hotel risk assessment
When it protects the hotel brand, prevents the loss of hotel assets or guest property, when it prevents one single fire incident in the building, when it prevents one single accident, prevents an injury, prevents one death, the investment in a Risk Assessment is certainly worth it.
