...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: [email protected] [mailto:[email protected]] On > Behalf Of Andrew Sullivan > Sent: 23. elokuuta 2011 23:34 > To: [email protected] > 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 > [email protected] > _______________________________________________ > Ietf mailing list > [email protected] > https://www.ietf.org/mailman/listinfo/ietf > _______________________________________________ Ietf mailing list [email protected] https://www.ietf.org/mailman/listinfo/ietf
