Re: Hyatt Taipei cancellation policy?

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On Aug 23, 2011, at 11:23 AM, Thomas Nadeau wrote:

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

Well, the Cisco corporate rate at the Hyatt is also $265/night. Given that the hotel is around the corner from the Cisco office, we have some traffic there.

I wouldn't discount the effect of the value of the dollar on hotel rates as measured in US dollars.

> 	--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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