Inflation, Weather Situations Conspire To Trigger Sharp Increase in Hotel Insurance Costs

The cash flow and charges knowledge gathered by STR, CoStar’s lodge analytics company, exhibits a steep acceleration in coverage charge for every readily available home around the previous number of a long time. STR collects detailed running info from about 5,500 motels and can demonstrate line-item cost developments around time. As inflation has amplified more than the past two a long time, so have mounted and variable charges throughout several line goods.

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