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Re: [AGA SC] Sheraton's Counter Proposal -- First In depth review and Reaction



yip, that is impossible!

On Tue, 3 Feb 2004, S. Hieber wrote:

> And that's in *addition* to the meeting room rental,
> banquet, lunch, hub caps, radio heater, white sidewalls,
> kitchen sink. I think it would wipe out both AGA's and
> GWAPA's treasuries. 
> 
> sh
> --- Kathy Olson <kathy@thekrib.com> wrote:
> > 
> > eek 19,000 prepaid or did i read that wrong...
> > 
> > 
> > On Tue, 3 Feb 2004, S. Hieber wrote:
> > 
> > > After much work by Rick and Ghazanfar reviewing and
> > > negotiating with hotels, Sheraton offered us a deal a
> > few
> > > weeks ago that looked very promising. At the Board's
> > > request, GWAPA responded with a counterproposal
> > structured
> > > much along the lines of the Dallas deal.
> > > 
> > > A couple of days ago, Sheraton responded with a new
> > > document. Once again, they faxed the document instead
> > of
> > > providing a computer-editable file, making comparison
> > and
> > > mark-up unnecessarily difficult. But we can't expect
> > > everyone to have a computer and a word processor these
> > > days. Anyway, I have gone over the two Sheraton
> > documents,
> > > the original and the more recent, line by line and
> > these
> > > are the diffs:
> > > 
> > > They have included language to provide the convention
> > rate
> > > on guest rooms after the Oct 15 cut-off date, but only
> > if
> > > they have not rented them to someone else. In the
> > original,
> > > the rate was not guaranteed for any bookings after the
> > > cutoff date.
> > > 
> > > They have qualified the language banning non-hotel
> > > food/beverage to being in compliance with State board
> > of
> > > Health certification requirements.
> > > 
> > > The changed the language re the "Awards Dinner" to be
> > $35,
> > > inclusive of tax and service. In the original, the
> > price
> > > would only be guaranteed 3 months prior to event. [Hey,
> > we
> > > won one!]
> > > 
> > > They have added very odd language: "The Hotel's
> > obligation
> > > to perform will not be subject to events beyond its
> > > reasonable control (such as strikes, governmental
> > controls,
> > > or Acts of God).? Anyone know what that means? It is
> > either
> > > a declaration of omnipotence on the Hotel's part or,
> > more
> > > likely, meant as a disclaimer.
> > > 
> > > The added language that we will pay any remaining
> > charges
> > > on Sunday Nov 14. This means any new costs generated
> > > *during* the convention -- all other costs must be
> > prepaid 
> > > with a $500 advance upon signing, and in 3-month
> > > installments but all paid by 3 days before the event --
> > > this includes meeting room rentals, banquet ($1,750 &
> > lunch
> > > guarantee (?), & the room night guarantee too (the way
> > I
> > > read it). The room night guarantee is a minimum of 80%
> > or
> > > 224 roomnights = $19,040 minimum for the guest rooms
> > > regardless of how many we need).
> > > 
> > > 
> > > They changed the cancellation language by drastically
> > in
> > > their favor by increasing the deadline dates. For
> > example,
> > > in the Sheraton's new proposal, we are on the hook for
> > 100%
> > > of the room nights if we cancel 45 days before the
> > event.
> > > In the original version, it was 15 days.
> > > 
> > > We are on the hook for 50% for up to 135 days prior --
> > in
> > > the original, it was 60 days.  
> > > 
> > > Technically, the contract does not require Sheraton to
> > > promise to have the block of rooms available; it only
> > says
> > > that Sheraton will reserve them. Can hotel reservations
> > be
> > > like airline reservations?
> > > 
> > > Holy __)*&)&(*)(*^%$%#$)(*Q_)#$$&*_$%!!!!!  I think I
> > want
> > > a contract attorney before I sign anything with this
> > > outfit. If all the hotels in that part of the country
> > are
> > > this unreasonable, maybe we should starting thinking
> > about
> > > KOA :-\.
> > > 
> > > Okay, I've calmed down a bit. I can continue now.
> > > 
> > > Other than those things mentioned above, it looks to be
> > the
> > > same as the original proposal.
> > > 
> > > If cancellation, or less than 280 roomnights, seem so
> > > unlikely that we want to gamble against them occuring,
> > then
> > > this is not such a bad deal, overall. However, I think
> > the
> > > gamble would be that GWAPA and AGA will not be become
> > > liable for debts exceeding total uncommitted assets.
> > > 
> > > If anyone can read this diff, let me know. I lack the
> > > omnipotence of the Sheraton.
> > > 
> > > sh
> > > 
> > > =====
> > > S. Hieber
> > > 
> > > -  -   -   -   -   -   -   -
> > > Amano Returns
> > > to the AGA Annual Convention
> > > Nov 2004 -- Baltimore
> > > 
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> 
> 
> =====
> S. Hieber
> 
> -  -   -   -   -   -   -   -
> Amano Returns
> to the AGA Annual Convention
> Nov 2004 -- Baltimore
> 
> __________________________________
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