Business Interruption Insurance for Hotels: What You Need to Know
Hotels depend on occupants. However, when a natural disaster or other major event occurs that stops the flow of people coming to a hotel, occupancy rates can decrease. This can include an event that directly impacts a hotel or one that stems the flow of people coming to the hotel. Hotels in most of the United States have seen a complete shutdown due to the COVID-19 pandemic. When events like this happen, business interruption insurance may be ...
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