Pandemic complicates contract talks with meetings venues
- August 13, 2021 |
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Walt Williams
Associations should be wary of making large deposits upfront, push hotels to include terms obligating them to resell unused rooms SteinbergIn the wake of the COVID-19 pandemic, hotels, conference centers and other meetings venues are growing less lenient with cancellation and refund policies, meaning events organizers need to pay particular attention when negotiating force majeure and other contract language, according to consultants and attorneys.The pandemic led to a costly flood of events cancellations last year that devastated hotels, restaurants and other businesses that rely on the industry. Now as business travel slowly picks up and associations negotiate contracts… Read More
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