I have the contract for the hotel and it carries some penalties for cancellation. The fees go from 65% of the expected revenues up to 90% once we get close. My questions-
Is this normal for hotel contract cancellation fees?
Is the club prepared to back this up if the club cancels for some reason?
Currently we are holding until we get the city permits for the park and I get firm on the questions above, but I don’t want to lose the dates. I will call Chuck King to work the issue and work out the direct payment information needed. There is a direct payment form I need to fill out to have the indirect fees, e.g. general room charges, corking fees, banquet fees, etc to be paid directly by the club.
Any thoughts will be appreciated but speed is important. I will start calling people this week to firm up if I don’t hear.