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Thread: Wanna know how much $ hotels get for FFN stays from Goldpassport?
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Old Dec 6, 2007 | 9:32 am
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peteropny
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Originally Posted by GUWonder
At some other brands at least, it's a fixed small fraction of the property-specific REVPAR as long as occupancy is below a certain agreement-specified level. However, if the night's occupany rate rises above the agreement-specified level, then the redemption reimbursement amount rises to a much higher dollar amount that more closely mirrors the prevailing rate for ordinary guests.
The PH Chicago, I believe is owned by Hyatt corporation, perhaps that's also a factor in the agreement.
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