It’s a smart move for hotels to promote travel protection to their guests. YES!!!!!!
Here’s why:
Reduced Financial Risk for the Hotel:
When guests have their own travel insurance, it can help mitigate the financial burden on the hotel’s liability insurance. If a guest has an accident or health issue, their travel insurance can handle a significant portion of the medical costs or other expenses, reducing the hotel’s risk and potential insurance claims, which could also help keep the hotel’s premiums lower.
Extended Coverage:
Travel insurance covers a broad range of incidents beyond what hotel insurance typically includes. While hotels are liable for injuries caused by negligence on their part (like a fall in the lobby due to a wet floor without a warning sign), travel insurance provides coverage for a wider scope of incidents, such as medical emergencies, trip cancellations, or even theft.
Added Value for Guests:
Promoting travel insurance adds value for guests, giving them peace of mind knowing they’re covered for potential issues both on and off the property. This can enhance the guest experience and perception of the hotel as one that cares about their well-being.
Revenue Opportunity:
Hotels can partner with travel insurance providers, like your Global Guard Travel Protection, offering it as an add-on or complementary service, which may even create a new revenue stream through commissions or partnership benefits.
By encouraging guests to purchase travel insurance, hotels can enhance guest satisfaction, protect their own liability interests, and potentially create an additional service offering.