Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Agents and brokers who are trying to win, or simply renew, clientele in the luxury hotel and resort segment are finding it more challenging than ever–but not because of rates, which remain relatively competitive and affordable for now. Instead, the challenges come from the changing profile of the high-end hospitality industry and a still-sputtering international economy. Meeting these challenges requires the broker to be well-prepared, adaptable, and able to work with experts and specialists committed to the segment.

Consider some of the changes that have taken place at resort properties in recent years. There has been a steady increase in dual-income professional couples who are more inclined to choose a destination resort and bring their children with them on vacation. Once on site, they are looking for entertaining activities and amenities for all ages, as well as increased care options–including child care centers, in-room babysitting and day camps–each of which is likely to prompt detailed supplemental underwriting.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.