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1 Clock Hour | Domain D: Financial Management
Hotel contracts are complicated, but are a
must to define responsibilities and make mutual obligations perfectly clear. In
the Strategic Meetings Management (SMM) landscape, hotel contract risk
mitigation has become an important metric. In this interactive workshop,
attendees will discuss a multitude of topics on methods to negotiate contracts
that assure added meeting value, cost savings and risk mitigation, including
dispute resolution.
Learner
Outcomes
• Discuss industry trends and variables that impact hotel contract negotiations
• Review key hotel contract performance clauses and risk reduction and cost
containment methods
• Learn dispute resolutions strategies in the event of non-performance (by
either party)
Vice President, Marketing & Global Meeting Services, Meeting Sites Resource
Credits Available
Purchasing this session will automatically provide ownership of all the individually purchasable attached CE products, regardless of their stated individual purchase restrictions.
Strategic Hotel Contracts: Plan & Think Before You Ink Exam
Site selection and contracting can completely derail your meeting or event if not done correctly. During this incredibly informative session, we’ll have you looking at proper site inspections in a whole new way…
We have all heard the term "information is power" and clearly this is true when it comes to consolidating meeting activity and spend data to enhance negotiations and deliver ROI. Meetings are big investments and stakeholder expectations for measurable value based outcomes are at an all-time high…
Every meeting and event has a group of stakeholders, staff, and volunteers who must foster effective communication through conflict, change, and crisis…
Meeting demand is up, way up and new hotel room supply is low, especially in the four and five star brands. In 2015, hotel occupancy, average daily rate and RevPar (revenue per available room) was an all-time high…
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