When an Organization Cancels a meeting contract, computing the actual losses to the hotel's business can be cumbersome. And what happens if the hotel cancels? Most hotel contracts use the concept of “liquidated damages,” agreeing in advance what the damages will be if the client cancels its obligation. The adversely affected party can always claim its actual damages, which is the total of all expenses incurred as a result of the cancellation. For the hotel, these damages would include costs ...

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