Hotels and Contract Flexibility

In recent weeks, the question has come up among planners as to whether a hotel company’s owned properties or ones that it manages and brands under contract to an ownership group tend to be more or less flexible in enforcing contractual penalties for cancellations or attrition.

Robert T. Patterson, ISHC, president of Paradigm Hospitality, a hotel-consulting firm based in Los Angeles, is of the opinion that where contracts are concerned, size matters. "The bigger the hotel company, the

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