##### Industries

# Hospitality

# Venminder is trusted by 1,200+ organizations to help manage, assess, and mitigate vendor risks.

## Keep reputation intact with third-party risk management.

The hospitality industry is dependent on third-party vendors to maintain an easy and smooth process for guests. Any disruptions with a third-party vendor can take booking systems offline, shutdown digital key access, steal customer information, and delay services, ultimately disrupting the guest experience. Reputation is everything in the hospitality industry, which is why it’s important to manage every risk, including the ones posed by third-party vendors.

#### $3.36 million

average cost of data breach in hospitality

#### 86%

of hotel operators experienced moderate to severe supply chain disruptions

#### 31%

of hospitality organizations have reported data breaches

Venminder helps risk rate third-party vendors, so you can focus your efforts on the highest, most critical risks. Real-time risk alerts keep hospitality organizations aware of changing vendor risks. Customizable risk assessments measure vendors’ data security, regulatory compliance, reputation, and service quality.

The onboarding process is simplified with Venminder’s centralized platform, automated tasks and emails, and qualified subject matter experts.

##### Assess and Monitor Vendor Data Security With Risk Assessments

As third-party data breaches continue to increase, it's more important than ever to ensure suppliers have a strong security posture. Venminder's cybersecurity assessments and qualified experts can help evaluate suppliers and make recommendations.

[**Learn More**](https://83340.hs-sites.com/products/vendiligence/point-in-time-cybersecurity-assessment)

##### Manage Vendors and Suppliers in One Centralized Place

Avoid the headache of managing multiple spreadsheets and tracking vendors in many different places. Venminder's platform provides one place to store documentation and tracking, making it easy to track important dates and collaborate across departments.

[**Learn More**](https://www.venminder.com/products/software/contract-management)

##### Quickly Identify Critical and High-Risk Vendors

Assess your vendors' risks and evaluate controls with Venminder's control assessments. Receive a report with risk ratings, indicators, and recommendations to determine critical vendors.

[**Learn More**](https://83340.hs-sites.com/library/work-product-samples)

##### Read a Case Study

##### See how organizations manage vendors with Venminder

Other organizations across industries use Venminder to manage vendors and enhance risk management programs. Hear firsthand how Venminder has benefited organizations with these case studies.

**[Learn More](https://83340.hs-sites.com/about/case-studies)**

## Order Vendor Risk Assessments Online

Completed assessments can be searched, previewed and ordered directly from Vendiligence™

## Educational Resources

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**eBook**  **Creating Your Third-Party Risk Management Program: A Step-By-Step Guide**](https://www.venminder.com/library/create-third-party-risk-management-program-step-by-step-guide)

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**Blog**  **Why Third-Party Risk Management Matters to the Cruise Industry**](https://www.venminder.com/blog/why-third-party-risk-management-matters-cruise-industry)

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**eBook**  **Vendor Reputation Risk and Its Impact**](https://www.venminder.com/library/vendor-reputation-risk-impact)

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**Blog**  **Staying Afloat: How Vendor Risk Management Helps Cruise Lines Stay Ahead of Supply Chain Challenges**](https://www.venminder.com/blog/vendor-risk-management-helps-cruise-lines-supply-chain-challenges)

## Ready to Get Started?

Schedule a personalized solution demonstration to see how Venminder can improve your processes.

[Request a Demo](https://83340.hs-sites.com/request-a-demo)