Meeting Architect Podcast
Ep.18 - Cancellation and Attrition - Balancing the Risk with Tyra Hilliard
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:15:50
- More information
Informações:
Synopsis
On this episode Brenda is joined by Tyra Hilliard, PhD, ESQ, CMP. Tyra is unique as a lawyer because she has a strong foundation in the hospitality industry. Brenda and Tyra discuss the important things to consider to make the contracts balanced, fair and logical Discussed In this episode: Fundamentals of the performance clauses Clauses for rooms, spaces, and food & beverage Dealing with underperformance Loss profit Loss revenue What is fair? Monitoring and tracking Key Learning: Both parties should be assuming risk. Attrition and cancellation clauses are about compensating the other party when one party has failed to perform or has underperformed. Connect with Tyra at: tyrahilliard.com ➡️ The Meeting Architect Podcast is proudly brought to you by The Howes Group