6. CIC- 10, 11, 12, 16: Destination Selection, Convention Center Facilities, Facility Contracts And Insurance, Venue Selection, Accessibility, Event Insurance Flashcards
What two important questions should you ask before signing a contract?
Are the terms specific (rental rates, services provided, etc)?
Does the contract encompass all items of agreement between the parties?
PCMA adds (p.628)- adds that what is necessary for a contract before it is signed?
PCMA adds (p.628) Specific remedies for breach or default Allocation of liability
Three Basic Elements of a Valid Contract:
An offer – contains basic terms of the agreement
An acceptance – if changes made, it becomes a counter-offer, which must then be accepted without change
Consideration – defines benefits to each party (who gets what)
What should be included in a hotel contract clause addressing guest rooms?
Number and type Details on reservation and confirmation Complimentary rooms Special room requirements and rates for VIPs, staff, suppliers Cut off date Guarantee and deposit Check-in and check-out times Specific room rates Room taxes Early departure fees and all other charges
What are two definitions of the word “Concession”?
Merchandise or refreshments sold on-site (concession stand, etc)
Contractual agreement – incentives, etc. May be linked to group’s performance
Indemnification Clauses include what?
Controversial and least understood
One party agrees to protect the other from liability as a result of lawsuit by a third party
Clauses should be reciprocal
May have “hold harmless” wording if litigation and damages are a concern
Some states require indemnity by law
Some facilities cannot provide it (convention centers, etc).
END Analysis – Effect of the Negotiation Demise
Start at the end and work backwards to see what happens if you cannot reach an agreement.
ZOPA stands for what?
Zone of Possible Agreement
RINT stands for what?
Ranked Items on the Negotiation Table
What does a waiver of subrogation do?
??
6 types of insurance-
General liability Umbrella – covers gaps in coverage Fire liability (also put clauses in contract as waiver of subrogation) Medical liability Independent contractor liability Host and liquor liability Additional insured
Difference in events in US vs rest of the World-
Events conducted in the USA will have specific requirements imposed upon you by the venue. US General Liability Insurance can cover most contingencies
Venues outside the US automatically hold you responsible for all acts of negligence that result in bodily injury or property damages caused by third parties. Event-specific Public Liability Insurance protects against claims
Definition for- Either party fails to carry out obligations in part or in full
Breach of Contract
Use the term _____ _____ instead of ‘downtown’ when planning abroad.
City Centre
European Union (EU) consists of what?
25 countries following common policies
Destination Marketing Association International =
Worldwide organization of over 600 Convention and Visitors’ Bureaus
US CVB’s provide what? 5 things-
Initial information about the area Facility information and tours Transportation Housing reservations Promotional materials
BestCities Global Alliance includes what?
CVBs from 8 international cities undertaking a certification process of their quality management system that covers 35 client service standards in the meeting market.