Note: If you are an individual consumer with
coronavirus-related travel issues, please do NOT contact us! We do
not represent individual consumers. We advise businesses on major
contracts, investments and financing.
Hotels have seen substantial losses in revenue in the wake of
the coronavirus, and face the uncertainty of an economy which may
take months or years to recover. For many, insurance payments may
assist in keeping their business afloat, but few hotel owners or
lenders are making claims. JMBM partner Guy Maisnik explains how
some hotels may qualify for Business Interruption insurance
coverage for COVID-19.
– Jim
Business Interruption Insurance may
cover hotel losses