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Understanding Terrorism Insurance

Understanding Terrorism Insurance

Managing risk is a key component in the operational and financing strategies of most businesses today. Risk managers at large companies often have a direct line to the CEO and COO, playing a lead role in the profitability of the ...

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Boston Hotels Stay Strong After Bombing

Boston Hotels Stay Strong After Bombing

Located on the corner of Boylston and Exeter Streets, the Lenox Hotel had a front row seat to the Boston Marathon bombings on April 15. Law enforcement officials evacuated the 214-room property shortly after the blasts and the entire area ...

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PKF: Hotels Struggle to Grow Other Revenue Sources

ATLANTA, Ga.—Now that the national hotel occupancy rate is approaching its long run averages and scarcity has returned in certain markets and property types, guests have to pay more to rent rooms. However, after the guests have checked in, managers ...

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Boston Bombings Impact Hotels

Boston Bombings Impact Hotels

On Monday, two bombs went off near the finish line of the Boston Marathon, as runners were on their way to wrapping up the highly publicized 26.2-mile race. The explosions occurred on Boylston Street, a commercial corridor in the city ...

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