Attrition penalties are:
A) Relevant when a meeting uses less than the contracted number of sleeping room nights
B) Penalties levied against exhibitors that fail to protect the flooring in exhibition halls
C) Given when the meeting planner fails to acquire the appropriate permits for the event
D) None of the above

Question

Quizplus · Accepted Answer

Attrition penalties are relevant when a meeting uses less than the contracted number of sleeping room nights. These penalties are a way for hotels or venues to recoup lost revenue when the actual room pickup is less than what was agreed upon in the contract.

Attrition Penalties Are