- Hotel and vacation rental insurance gap coverer InsuraGuest is expanding its reach to Europe and Asia this year, and expects to be registered and licensed in all 50 states before the end of the year
- The company is currently licensed in 16 states from Maryland to Nevada, offering protection in case of accidental in-room damage, theft of personal property, accidental medical expense or accidental death and dismemberment during a stay at a property
- The lawsuit filed by Grammy Award-winning singer and actor Meat Loaf following his injury at a Texas hotel underscores the potential benefits of having stop-gap coverage in place
- 2020 kicked off with U.S. hotels reporting an increase in revenue per available room (RevPAR), average daily rate (ADR) and occupancy during the week of December 29 to January 4
A fall that Grammy Award-winning rock singer and actor Meat Loaf suffered last year and the resulting lawsuit against the Hyatt Regency Hotel in Texas (http://nnw.fm/6Zi8t) serve as a high-profile example of the risks convenience service industries accept when they welcome guests, as well as the risks guests may face when they choose to stay at an establishment.
In the case of Meat Loaf, the 72-year-old entertainer was appearing at a convention when, according to the lawsuit and a video of the incident…
NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://nnw.fm/InsuraGuest
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