Concessions
What are concessions in hotel contracts?
Negotiated extras beyond the base room rate in a hotel contract. Common concessions include complimentary or discounted parking, Wi-Fi, meeting space, food and beverage credits, suite upgrades, and early check-in or late checkout privileges. Concessions vary significantly between properties and markets, making historical tracking valuable for future negotiations.
Related Terms
Stop tracking concessions by hand
Blocks extracts concessions from your contracts, tracks it alongside every deadline and room night, and proposes the next step for you to review — so the busy work is handled, and nothing changes until you confirm.