RECR 470 Lecture Notes - Lecture 11: Contract Clause
Document Summary
Add rooms for ea. night for all days there: peak night. Night that has the most room: comp room ratio. 1 per 50: run of house. Any type of room (king, double, etc. ) Will only commit a certain # for your group. Sample contract clause: ex 1 hotel is pleased to (cid:272)o(cid:374)fir(cid:373) the follo(cid:449)i(cid:374)g rates for this group . , ex 2 hotel will guarantee room rates 1 yr. prior to arrival. Both parties agree to review contracted guest room commitment on annual basis to make adjustments in block based on annual mtngs leading up to your e(cid:448)e(cid:374)t . Indiv. pay own (ipo?epo: room & tax to master, all charges to master. Internet: convention service housing bureau, 3rd party service bureau. Reso method: block requests (hotel pref. /oth. pref. , contract hotels (optimize blocks/mitigate attrition) , allocate blocks (comm. /manage changes) , manage inventory/book rooms. Benefits of 3rd party housing: manage mult. bocks (1 central report)