Difference between revisions of "Insurance"

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(Created page with "== Running a hotel == In the file Running a hotel we've gathered some benchmarks, examples of cost overviews, operating reviews etc. from different organisations. Of cours...")
 
 
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== Running a hotel ==
{{General header}}
In the file [[Running a hotel]] we've gathered some benchmarks, examples of cost overviews, operating reviews etc. from different organisations. Of course, any situation is different, any time frame (think of the [[Covid]] period), the owners ship, the state (quality)  of the premises etc. The file, though, this might give some ideas from a calculative perspective. <br><br>
== What kind of insurances? ==
The total [[costs]] for Insurance & interest are fixed at € 50,012, which is 3.29% of the total fixed costs. This number also includes the hotel's interest costs. <br>
There is not much more information on this available in the Emerald Forest's administration. <br>
In general, the insurances [https://www.iruhl.com/blog/basic-insurance-coverages-all-hotel-owners-should-have/ needed by any hotel], include:
* Building and Business Personal Property Coverage
* Equipment Breakdown
* Business Income and Extra Expense
* Commercial General Liability
* Worker’s Compensation
* Umbrella Liability
 
== Legal getting more important ==
Legal issues tend to be more and more important to any company. As for The Emerald Forest Hotel, it is somewhat unclear, which of the aforementioned insurances the hotel has.
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''→ GO! [[#top|Top of this page]]''
''→ GO! [[#top|Top of this page]]''
<center><small>''Emerald Forest Hotel'' offering an <font color="green">'''emerald''' </font color="green">hotel experience!
<center><small>''Emerald Forest Hotel'' offer an <font color="green">'''emerald''' </font color="green">hotel experience!
| Run your own hotel in this management simulation.</small></center>
| Run your own hotel in this management simulation.</small></center>

Latest revision as of 05:58, 30 June 2023

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What kind of insurances?

The total costs for Insurance & interest are fixed at € 50,012, which is 3.29% of the total fixed costs. This number also includes the hotel's interest costs.
There is not much more information on this available in the Emerald Forest's administration.
In general, the insurances needed by any hotel, include:

  • Building and Business Personal Property Coverage
  • Equipment Breakdown
  • Business Income and Extra Expense
  • Commercial General Liability
  • Worker’s Compensation
  • Umbrella Liability

Legal getting more important

Legal issues tend to be more and more important to any company. As for The Emerald Forest Hotel, it is somewhat unclear, which of the aforementioned insurances the hotel has.


→ GO! Top of this page

Emerald Forest Hotel offer an emerald hotel experience! | Run your own hotel in this management simulation.