Re: Hyatt Taipei cancellation policy?

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	But surely based on that block purchasing power we could negotiate more reasonable rates than $200+ night?

	--Tom



On Aug 23, 2011, at 2:07 PM, Ole Jacobsen wrote:

> 
> You said:
> 
> "At root is that we are trying to negotiate a purchase at a discounted
> price without committing to buying any particular number of rooms,
> versus only a limited number of possible sellers."
> 
> When negotiating a group rate we actually ARE committing to buying a 
> certain number of rooms (the "room block"). There are certainly pros
> and cons with group rates. On the pro side: guaranteed rate (but not 
> necessarily the absolute lowest available at any time), included 
> benefits (breakfast, Internet, if applicable), free or subsidized
> meeting rooms where applicable. On the cons side is of course the
> cancellation policy (not that it has to be as onerous as this one).
> 
> Ole
> 
> 
> Ole J. Jacobsen
> Editor and Publisher,  The Internet Protocol Journal
> Cisco Systems
> Tel: +1 408-527-8972   Mobile: +1 415-370-4628
> E-mail: ole@xxxxxxxxx  URL: http://www.cisco.com/ipj
> Skype: organdemo
> 
> 
> 

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