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RE: Hyatt Taipei cancellation policy?

2011-08-24 02:53:26

...and, at least in this case, if you look at similar hotels (e.g. the Starwood 
properties) in the area, you'll find that even the current 
pre-book-non-refundable-no-breakfast-in-some-cases-no-internet rates will be 
higher than the rate offered to us.  

There are also cheaper hotels, so it's all about having the benefits of staying 
at/very-close-to the meeting, or having to do some walk.

-----Original Message-----
From: ietf-bounces(_at_)ietf(_dot_)org 
[mailto:ietf-bounces(_at_)ietf(_dot_)org] On 
Behalf Of Andrew Sullivan
Sent: 23. elokuuta 2011 23:34
To: ietf(_at_)ietf(_dot_)org
Subject: Re: Hyatt Taipei cancellation policy?

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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