How COVID-19 changes the short term rental industry
Posted: June 5, 2020
The coronavirus pandemic has affected nearly every industry on earth. The hospitality industry was perhaps the hardest hit as unnecessary travel was the very first thing to go, and is still highly discouraged in an attempt to contain the outbreak. Guest numbers dropped fast for property managers and a complete lack of room occupation ensued, causing hospitality companies to let go of a huge percentage...
Showing sympathy while social distancing
Posted: June 2, 2020
When someone purchases property insurance, he or she makes a bet. Homeowners wager that if a claim occurs, then the insurance company will respond to help the customer make whole on the loss. A large portion of the client’s expectation is financial; however, the insurance adjuster’s attitude towards their customer following a loss has an even greater impact on the customer experience and overall claim...
How COVID-19 changes the hotel industry
Posted: May 26, 2020
Coronavirus has completely altered the world’s landscape and along with it, every industry. However, travel and hospitality were among the first industries to be hit hard by the virus as travel rates plummeted and the first steps towards lock-down began. Non-essential travel plans were immediately suspended as people hunkered down in their homes to wait out the pandemic. As the pandemic has continued but hopefully...
The homeowner’s guide to hurricane season
Posted: May 15, 2020
The end of May marks the start of hurricane season, a threat not just to coastal homes, but many inland communities as well. Hurricane-force winds can reach out more than a hundred miles from a storm’s eye, and hurricanes can move over a hundred miles inland before winds slow to tropical storm speeds. Homeowners, like first responders, adjusters, and temporary housing companies, have a responsibility to...
America’s most volatile housing markets
Posted: April 17, 2020
The housing market has a huge impact on the economic health of every region in the United States. As COVID-19 continues to affect every industry in its own way, the housing market is expected to experience a significant decline in sales. Low mortgage rates and low housing inventory may be the only things that keep home prices steady. The rental market, however, is experiencing huge shifts. Many renters...