Hospitality

During periods of growth or uncertainty, Marsh can help your hospitality business reduce your total cost of risk, enabling you to make more strategic business decisions with confidence.

Increasing tourism and globalization has helped fuel a growing hospitality market.

Now, amid regularly shifting travel restrictions, hotels and restaurants are facing uneven demand, limited capacity, and continued uncertainty, making budgeting and financial planning more challenging. Long-term recovery for hospitality businesses will require the adoption of new operating models, technologies, and data-driven planning to forecast emerging trends, including enhanced safety considerations and rising consumer concerns.

Performance within the hospitality industry depends heavily on market and asset type, making a more individualized approach to forecasting crucial. At Marsh, we have over 800 dedicated hospitality insurance and risk management specialists who are ready to assist you with creating a loss control program that helps you better anticipate and manage risks.

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