Accommodation

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Talk to us about your Accommodation Business

Accommodation

The accommodation sector is an industry exposed to a diverse range of strategic and operational risks. The risks vary considerably depending on the style of accommodation, location, target customer demographic and, ownership structure. And with the growing prevalence of online accommodation market places, we’re seeing increasing competitive pressure on accommodation owners and operators.

In our experience, owners and managers focus on the business objectives of:

Risks, even occurring in isolation, can impede the ability of owners and managers to meet these objectives.

How we can help

While accommodation businesses may have common business objectives and experience the same risk issues, there are unique aspects to every situation. These unique aspects demand a tailored approach to risk management and insurance.

Whether your business is a national chain of budget hotels, inner city student accommodation provider, or holiday resort, we will apply the Barrack Broking Principles to ensure you meet your specific business objectives.

In partnership we'll be:
Case study:

Optimising Risk Spend in the Accommodation Industry

This large hotel group has interests in luxury hotels, pub venues, gaming and holds an unwavering objective to promote the tourism sector in their 30 locations across urban and rural areas. The diversity of interests brings about challenges in:

Our partnership commenced with a comprehensive review of:
We discovered some long-standing and out-dated risk management processes in place that were adding to the client's workload while emerging risks were not being addressed. More specifically:
Following our advice, the business:
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