OBJECTIVE:Group Booking Agreement • February 11th, 2020
Contract Type FiledFebruary 11th, 2020A group contractual agreement represents a dual financial responsibility for the hotel and the contracting group. A group cancellation represents lost room revenues for the hotel, which may include associated food and beverage and supplemental revenues. It is Hotels’ policy to impose deposit requirements and cancellation fees associated with a group’s inability to perform its obligations based on the agreed terms of the signed group contract.