Important Elements of Hotel-Meeting Planner Contracts: An Exploratory Study [Summary]
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Date
2019-03-05
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Virginia Tech
Abstract
Contracts between meeting planners and hotels are getting longer and more complex to protect the interests of both parties. Unlike many other industries, there is no standard contract for use between meeting planners and hotels. This study was undertaken to try to ascertain (a) what elements the literature suggests should be contained in all contracts between meeting planners and hotels, and (b) what actually appears in real life contracts. The result was development of a 9-item checklist and comparison of real contracts with this list.
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Keywords
contracts, meeting planners, hotels, APEX, attrition, hold harmless, mitigation