Articles tagged “contracts”

Make sure your CEO is aware that the decision to hold off on booking an event will mean limited availability, lower attendance, a stressed-out staff — and big bucks. 

Today’s uncertain business climate is putting pressure on planners to hold off on making decisions until the last minute. Not only does this put speakers bureaus in a tough spot, it can mean lost income for the speakers.

Event organizers can’t control global crises, but they can control their contracts, which are now a critical first line of defense.

Tariffs can trigger unexpected cost spikes for both planners and suppliers. Building flexibility into contracts through substitutions and force majeure protections can help mitigate financial surprises and keep events on track.

A fee for turning on the electricity? Or putting an item in the minibar to keep it cold? When it comes to unexpected and unfair fees, planners say the situation has gone too far.

Sick of event contracts? They're even more complicated post-pandemic.

Crafting the right attrition and cancellation clauses in event contracts is more important than ever. Despite continued uncertainty, planners can no longer count on the low rates and flexibility hotels offered at the height of the pandemic. Contract experts share their advice on how best to negotiate in the current climate.  

Marriott has been in the vacation rental business for nearly two years, and few see it as a threat to the likes of Airbnb and Vrbo. Recent recruitment efforts for new listings and employees show the fledgling division is on track to be an integral part of future revenues for the world's largest hotel company.

United had previously stated that it's a new era because of its mobile app and its ability to attract direct traffic to its websites. But the two parties found a way to come to terms.

It's certainly possible that United may walk away from Expedia on September 30 if the two parties can't reach a new contract. Expedia is downplaying the financial impact, but the repercussions would be far-reaching — and would amount to a big hit to the Expedia brand.