Attrition clauses: outstanding issues and recommendations for meeting planners [Summary]
| dc.contributor.author | Toh, Rex S. | en |
| dc.contributor.author | DeKay, Frederick | en |
| dc.contributor.author | Lasprogata, Gail | en |
| dc.date.accessioned | 2018-10-05T20:50:35Z | en |
| dc.date.available | 2018-10-05T20:50:35Z | en |
| dc.date.issued | 2005-03 | en |
| dc.description.abstract | This paper deals with the attrition clauses within hotel group sales agreements, the former of which became popular in the early 1990s. Attrition clauses specify pre-determined liquidated damages that a group (usually a corporation or an association) must pay to the hotel in case the group does not pick up a certain percentage of its room block. Attrition charges may also apply to food and beverage agreements as well as to meeting facilities. | en |
| dc.format.mimetype | application/pdf | en |
| dc.identifier.uri | http://hdl.handle.net/10919/85254 | en |
| dc.language.iso | en_US | en |
| dc.publisher | Virginia Tech | en |
| dc.rights | Creative Commons Attribution 4.0 International | en |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | en |
| dc.subject | Attrition clauses | en |
| dc.subject | Liquidated damages | en |
| dc.subject | Hotel group sales agreements | en |
| dc.title | Attrition clauses: outstanding issues and recommendations for meeting planners [Summary] | en |
| dc.title.serial | International Journal of Hospitality Management | en |
| dc.type | Summary | en |
| dc.type.dcmitype | Text | en |