Over the past few years, the United States has gone through several catastrophic events including tornados, wildfires, and hurricanes. During these events there are many obstacles for the insured as well as the adjusters to overcome, one of which is where the displaced family will live. Immediately following a catastrophic event, families are rushing to locate hotel accommodations as well as determine what longer term housing arrangements might be available for their family.
In the recent Alabama, Mississippi, and Texas Tornados, there was a shortage of hotels in neighboring cities and towns due to the amount of people who were displaced. Many hotels were damaged by the tornados and had to evacuate their existing guests. Some hotels that were open in the area did not have electricity and ran power through a generator. Those hotels that had minimal or no damage sold out quickly which left a shortage of rooms available. People had to drive as far as one to two hours away in order to find available hotel rooms. Insurance adjusters turned to temporary housing companies to assist in locating hotels for their customers. These temporary housing companies had the task to locate available hotels in a market where inventory was scarce and emotions were running high. National agreements with hotel chains helped expedite locating hotels that had available inventory.
The main factor that allowed Temporary Housing Directory (THD) to place insured(s) into hotels quickly are the business agreements they built with both national hotel chains and individual privately owned hotels. THD's reputation within the hospitality industry is an asset in times of disaster in securing hotel accommodations and competitive rates. It is important that hotels know that a company is straight-forward to work with and payment is dependable. Partnering with hotel chains on a continuous basis throughout the year allows temporary housing provider(s) the ability to view and secure available inventory immediately after a disaster occurs.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.