Common use of Accommodation Rates Clause in Contracts

Accommodation Rates. The Company, at its discretion, shall establish fair, reasonable and competitive base accommodation rates having due regard for the Resort’s location and conveniences, the size of the premises, and the Resort’s amenities and atmosphere. Such rates will be reviewed annually by Wintergreen Pacific LLC. The Company, in its creation of packages and special promotions and sales to group and conference business, shall have the right to offer reduced rates. Additionally, the Company shall have the right to reduce the rate of the Premises to the rate of a smaller accommodation at the Resort if there is demand for smaller accommodations and the Premises have not already been reserved for occupancy. The Company shall endeavor at all times to reserve the Premises at a rate that it feels will generate the highest possible revenue and occupancy.

Appears in 4 contracts

Samples: Seasonal Transient Occupancy Management Agreement, Management Agreement, Transient Occupancy Management Agreement

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