Search

Back

Hospitality and Tourism

Hospitality and Tourism
ABOUT

ABOUT

Hospitality and Tourism

According to the American Hotel and Lodging Association, “Tourism is the fastest growing industry on the planet, with international tourism expected to grow at an average of 4.1% through 2020.” Businesses that are involved in or those who provide services to the hospitality industry are very susceptible to issues such as business interruption, physical damages and extra expenses that can impact their ability to serve their customers.

HIRE US

HIRE US

MDD has extensive experience working with professionals and attorneys who represent clients in this sector. MDD’s professionals have the credentials and training required to perform accurate, and credible quantifications of economic losses.

Equally important, we have a solid understanding of seasonality, market conditions and other factors related to the hospitality industry that need to be taken into account when assessing damages.

Recently, we helped an independent adjuster quantify the lost revenue associated with a natural disaster that crippled the tourism industry in a major metropolitan area. We also assisted the adjuster by reviewing property damage invoices and cost estimates with local building consultants and engineers.

When required, MDD can provide expert witness testimony that will stand up to the scrutiny of cross-examination. We have provided litigation support services to our hospitality clients – including writing reports and other forms of documentation – on numerous occasions.

MDD provides hospitality services such as:

  • Calculating lost profits, business interruption losses and extra expenses incurred
  • Reviewing the company’s operational financial records
  • Interviewing key management, staff
  • Analyzing industry data to determine the event’s impact on profits
  • Performing comparative analysis of the company’s projected performance to its actual performance before, during and after the impacted period
  • Examining non-loss-related events and conditions that may have affected actual sales during the impacted period
  • Calculating damages solely attributable to the incident and identifying/verifying extra expenses that served to mitigate the loss of business income
  • Analyzing demands of loss of income arising from personal injury claims.
  • Providing expert witness testimony and litigation support services when necessary
Experience

Experience

Experience

Contact one of our experts below or filter experience based on region.

Saleh Achrafi

Sydney, APAC

View Bio

Matthew Adrian

Boston, MA, USA

View Bio

Jeffrey Belack

Pittsburgh, PA, USA

View Bio

Damien Bevan

Sydney, APAC

View Bio

Conrad Biegel

Denver, CO, USA

View Bio

Ryan Blais

Boston, MA, USA

View Bio

Kent Bogdan

Dallas, TX, USA

View Bio

Mark Boshnakis

Toronto, ON, Canada

View Bio

Gerry Bouwman

Toronto, ON, Canada

View Bio

Dusty Bredeson

Charlotte, NC, USA

View Bio

Rachel Cai

Hong Kong, APAC

View Bio

Sarah Chick

Singapore, APAC

View Bio

Dennis Corrigan

Chicago, IL, USA

View Bio

Dean Das

Calgary, AB, Canada

View Bio

Jonathan Ducey

Portland, ME, USA

View Bio

Karl Ehlert

Los Angeles, CA, USA

View Bio

Kristine Elkind

Orlando, FL, USA

View Bio

David Elmore, Jr.

Washington, DC, USA

View Bio

Marcelo Fazio

Miami - Ft Lauderdale (Handles Latin America Operations), LATAM

View Bio

Meghan Finigan

San Francisco, CA, USA

View Bio

Steve Fisher

Detroit, MI, USA

View Bio

Adam Frank

Orlando, FL, USA