Nothing to Lose

In early February, InterContinental Hotels & Resorts, Atlanta, announced that contracts signed in February, March, and April for meetings that will take place before the end of the year in its U.S. and Canadian properties would not face any cancellation or attrition fees. Two weeks later, Hong Kong — based Shangri-La Hotels and Resorts announced a similar policy: In the event of war, groups will not be charged cancellation or attrition fees for meetings booked at any of its 39 properties,