With an objective of strengthening risk-preparedness in the hospitality industry, the Institute of Risk Management, India Affiliate (IRM India Affiliate) has signed an MOU with Indian Hotels Company (IHCL). The partnership is aimed at building a robust enterprise risk management ecosystem in the Indian hospitality sector. Identifying risk champions across the hotel value chain and getting them trained in the fundamentals of ERM will significantly enhance the quality of decisions thereby making risk-intelligence an embedded component of everything a hotel does.