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January 2007 |  |
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Hotel Feels the Heat, Loose Wire Short Circuits Business
Could Your Clients Afford Losses Like These?
Hotels rely on a wide range of equipment. Your hotel clients need insurance protection for breakdown losses like these:
- A water cooled chiller serving a four-story hotel with two large ballrooms leaked, damaging two reciprocating compressors in the air conditioning system. The hotel was booked full for the weekend with two groups planning events. Total paid loss: $171,017 ($32,966 for repairs and $138,051 for business interruption).
- When guests complained of a burnt odor, hotel workers found that two boilers had overheated and ruptured because drains were plugged with water deposits. The hotel had to issue discounts because of a lack of heat and hot water. Total paid loss: $77,782 ($47,372 for repairs and $30,410 for lost business income and extra expenses).
- A loose connection caused a short circuit in an electrical panel supplying a 121-room hotel's heating, cooling and lighting systems. The hotel closed for three days and had to relocate guests and cancel events. Total paid loss: $102,990 ($53,187 for repairs and $49,803 for business interruption).
