Attrition Fees? Not This Year

One of the biggest risk factors for meetings professionals is inaccurately gauging attendance and, as a result, having to pay attrition damages for not filling the contracted room block. In today’s economic climate, the risk is heightened as companies cancel and cut back on meetings to save money and project a more austere public face. The good news is that some hotel companies are working to drive business by becoming extremely flexible on attrition issues.