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Old Dec 29, 2006 | 12:43 am
  #19  
bdschobel
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Originally Posted by craz
As for reimbursement, if what a Managing Partner told me is true (at a Renaissance prop) then the Hotel doesnt get back 100% of the amount but something like 85% of the value of the BB or PP. Seems good enough reason why they wouldnt want to allow them to be used where they arennt suppose to be.
That is correct. The hotel gets 85% reimbursement. But that's still good enough, as far as I'm concerned. The amount of money at stake from the hotel's perspective doesn't justify the hard feelings generated. Remember, for me the amount at stake is 100%, not 15%.

Bruce
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