COURTESY BLOCK TERMS Clause Samples

COURTESY BLOCK TERMS. The Hotel is holding the above group room block until the cut-off date indicated above as a courtesy to the Group without the obligation by Group for attrition or cancellation. Group agrees to promote Hotel to its attendees as the preferred Hotel for guest reservations. Hotel will periodically review the number of reservations made prior to cut-off date to anticipate the likelihood of Groups utilization of all rooms. If the Hotel determines that it is unlikely that Group will utilize all rooms and the Hotel is anticipating a 90% or more occupancy. Hotel may at its discretion elect to decrease the block to make rooms available for general sale at prevailing rates. Hotel will notify Group in advance if it elects to exercise this option and offer Group first right of refusal to secure remaining rooms via a non-refundable one nights room and tax deposit.