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Stock impact report

This Singapore Hotel Offers A Refund If It Rains [Forbes]

Aon plc Class A Ordinary Shares (Ireland) (AON) 
Last aon plc class a ordinary shares (ireland) earnings: 5/1 06:00 am Check Earnings Report
Company Research Source: Forbes
if it rains during your time there and, as a result, you cannot take part in a planned activity. It's not the first time that hotels have offered rain refunds but in the midst of a climate crisis, it begs the question whether we'll see an increasing amount of insurance products paying out for weather events. The Intercontinental in Singapore has a 'Rain Resist Bliss' package, reports CNN, but particular measures have to be met—it only pays out if it rains for more than 120 minutes straight, within any four-hour block of time, during daylight hours. It's also only available if you're staying in a suite which doesn't come cheap—a junior suite starts at 850 SGD ($633) per night, while a presidential suite can be yours for 4,500 SGD ($3,349). Additionally, you don't actually get the cash. Instead, you'll receive a voucher that has to be spent at the same InterContinental hotel in Singapore within six months. The voucher would be worth the same amount as one night in your current room Show less Read more
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