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Re: Hyatt Taipei cancellation policy?

2011-08-23 15:34:12
On Tue, Aug 23, 2011 at 11:29:34AM -0700, David Morris wrote:

For this to be a meaningful disccusion re. the success or lack there of,
we need to compare what we have vs. similar sized groups in the same 
season, etc. at the same venue.

_And_ having negotiated at the same time, as Ray pointed out already
in this thread.  Every time one of these discussions comes up, people
seem to forget that the negotiations are happening several years in
advance of the actual event.  Agreements about the future almost
always require the party buying to take some risk that they will be
paying more than the going rate at the time the actual sale date
arrives.  In the case of hotel agreements, the block negotiator takes
some risk that there will be a lower price or otherwise better terms
actually available at the time of the block being used.  The hotel
takes some risk that the block negotiator is unable to deliver the
actual room occupancy negotiated.  Each is making a bet.  

If you don't like the cancellation terms (or other terms of the bet),
don't participate in it: don't make a reservation in the IETF block.

A

-- 
Andrew Sullivan
ajs(_at_)anvilwalrusden(_dot_)com
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