Our client, Sirata Beach Resort, is located in St. Pete Beach, Florida—a geographic area that suffered a ton of negative press following the BP oil spill. No oil washed up on their beach, but Sirata’s occupancy rate was negatively affected by national media stories reporting oil washing up on nearby beaches. When your resort’s occupancy rate is directly affected by a national news story, does your resort have a legitimate claim for a business interruption loss, even when no oil washes up on its beach? A damage expert with extensive experience and credentials in the hospitality field can let you know.
This situation is especially difficult when all the comparative properties are encountering the same issues—that is, when there is no unaffected property with whom to compare operations. We helped our client identify the issues that could block their claim, while helping them navigate the complex process of submitting an oil spill claim managed by the U.S. government.
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