Many hotel and convention center contract provisions can be difficult to understand, even for an experienced meeting planner, but the most confusing language is generally found under the heading “indemnification” or “hold harmless.” ...
CLAUSE: All room revenue is commissionable at 10 percent to Smith Meeting Services. Hotel agrees commission will be paid to Smith Meeting Services within 30 days of settlement of the Group master bill...
Experts suggest that planners be ever-mindful of legal issues when meeting outside of the U.S. Sourcing, booking, and contracting for space in other countries, particularly in Europe, Latin America, and Asia, can be quite different than here. Of...
Ask Anyone to name the richest man in America, and they are likely to answer “Bill Gates.” The founder of Microsoft made his fortune not by owning land (called “real property” in the law) or things (“personal property”), but by creating and...
If a Company cancels a meeting contract, computing the actual losses to the hotel's business can be cumbersome. For that reason, most hotel contracts use the concept of “liquidated damages,” agreeing in advance what the damages will be if the...
Negotiation is a big part of meeting-planning culture. Everything is up for negotiation: hotel rates, meeting-room rates, parking, food and beverage, and more. To perform your job professionally in this field and to serve your religious...
