Editorial Board   Guest Author

Mr. Young

Sean Young

Associate Vice President, Distinguished Programs

As associate vice president, Sean Young manages Distinguished Programs' Hospitality Umbrella Program, which offers high limit umbrellas necessary for hotels, resorts, city clubs and casinos. His focus includes those with unique and complex exposures helping brokers meet the needs of clients in an increasingly litigious environment, where claims involving seemingly innocuous exposures such as elevators and bathtub slip and falls are seeing umbrella payments unlike ever before.

Mr. Young applies his 20 years of insurance experience in the hospitality industry to oversee and lead a dedicated team of expert underwriters with more than 100 years of combined experience. His team's expertise allows for underwriting of complex risks, a tremendous resource to brokers in helping to serve their hospitality clients.

Together Mr. Young and his team have helped grow the hospitality book of business and today the Hotel program covers more than 300,000 hotel rooms nationwide and is one of the longest standing hospitality programs in the country.

Prior to his insurance career Mr. Young, worked as a Camp & Family Programs Director at the YMCA of Greater Seattle, where he held daily responsibility for more than 200 students and staff, achieved national accreditation for a new camp program and acquired years of hands-on experience with managing and controlling risk.

Please visit http://www.distinguished.com/site/ for more information.

Mr. Young can be contacted at +1 425-213-5123 or SYoung@Distinguished.com

Coming up in September 2020...

Hotel Group Meetings: Demand vs. Supply

It is a great time for hotel group meetings. It is expected that once again this sector will grow by 5-10% in 2020, partly due to the increasing value of in-person group meetings. Because people now spend so much time in front of their screens, face-to-face interactions have become a more treasured commodity in our modern world. Plus, the use of social media reinforces the value of engagement, discussion, conversation, and networking - all areas where group meetings shine. Despite this rosy outlook, there is a concern that demand for meetings far exceeds the supply of suitable venues and hotels. There are very few "big box" properties with 500-plus rooms and extensive conference facilities being built, and this shortage of inventory could pose a serious challenge for meeting planners. In addition to location concerns, the role of the meeting planner has also evolved significantly. Planners are no longer just meeting coordinators - they are de facto travel agents. Cultural interactions, local dining, experiential travel, and team-building activities are all now a part of their meeting mix. Plus, they have to cater to evolving tastes. Millennials are insisting on healthier venues and activities, and to meet their demands, hotels are making yoga breaks, fresh-pressed juices, plant-based diets, state-of-the-art gyms, and locally-sourced menus available. Millennials are also insisting that meeting venues practice Corporate Social Responsibility, which means upholding sustainable and ethical values; investment in the local community; health and well-being of employees; and general business practices that reflect being good citizens of the planet. Finally, there is a growing trend to merge meetings with other local events, such as music festivals, sporting events, and cultural attractions. The December Hotel Business Review will report on issues relevant to group meetings and will document what some hotels are doing to support this part of their operations.