Hotel Groups Save Big on Cyber Liability Insurance
Real-World Examples of Cost Savings
Several hotel groups have successfully reduced their cyber liability insurance costs through strategic initiatives. For example, a prominent international hotel chain reported a 15% reduction in premiums after implementing a comprehensive cybersecurity framework and participating in an industry-recognized training program2. Similarly, a mid-sized hotel group achieved a 10% cost saving by joining a purchasing consortium, which negotiated favorable terms with insurers on behalf of its members3.