What’s New In Hotel Contracts Now, and What You Need To Know About It!
Program Description: Hotel contracts and wording of key provisions continue to be of critical importance to meeting professionals. This session will include a legal explanation of hotel contract damages versus penalties as well as an analysis of key clauses in hotel contracts including provisions for: attritions and performance damages in guest rooms and catered food functions, force majeure clauses after September 11 and Hurricane Katrina, dealing with surcharges after the contract, termination versus cancellation, protection from incompatible and competitive groups, audit provisions and privacy, liquidated damages and resold rooms, and more. Participants will learn how to recognize clauses that "double dip" and will be given the opportunity to participate in several interactive exercises analyzing actual clauses and calculating attrition damages. Information presented in this session is critical to you success as a meeting professional whether you are a planner or supplier, novice or pro!
After attending this session, you will be able to:
Define the elements of a well-written attrition clause and reciprocal cancellation clauses and avoid pitfalls while also explaining the various methods of calculating attrition damages in guestrooms and catered food and beverage functions
Distinguish the difference between penalties and damages and what’s enforceable
Prepare force majeure clauses based on what the industry learned from the events of 9/11, the SARS Epidemic, and Hurricane Katrina
“John Foster is a MPI Platinum Series Presenter."
About the Speaker:
JOHN S. FOSTER, ESQ., CHME is a platinum series presenter and an attorney and counsel whose firm FOSTER, JENSEN & GULLEY, LLC specializes in the legal aspects of meetings & conventions, trade shows & events, and association management. He has been an associate or general counsel for over four hundred (400) national and regional associations and companies since 1986 and has been named as one of the 25 most influential people in the meetings industry by MeetingNews.
