SITE announced that it has released a second edition of its popular Incentive Travel Contract Handbook…
SITE announced that it has released a second edition of its popular Incentive Travel Contract Handbook. The new handbook offers contemporary model contracts that encompass areas such as incentive travel houses, cruise lines, and hotels. It also provides the framework for a supplier agreement that can be custom tailored to fit multiple segments of incentive travel business.
The newly updated edition includes a focus on critical issues and provisions that are now becoming a necessity in basic business contracts. This book provides guidance on considerations such as performance clauses, indemnification, renovation and even staff training as it relates to the dispensing of alcohol. An expanded section has also been incorporated offering variations on Force Majeure clauses.
In his forward, Contract Handbook author, noted industry attorney, Jonathan T. Howe states, A lot has changed in the incentive travel industry including public attitudes towards travel in general and specifically in incentive travel: the economy, the demands on personal time, and most importantly the impact of September 11, 2001. While `the law` is slow to react, it is strategic and many contract clauses used even a year ago are outdated.
The update to the contact book is a valuable resource for all incentive travel executives. said SITE President Bill Boyd, CMP, CMM, CITE. Mr. Boyd is also President of Sunbelt Motivation & Travel, Inc., Dallas, Texas. As the saying goes, `you never want to miss the chance to make a great first impression,` using the Incentive Travel Contract Handbook allows incentive travel executives to build better relationships when managing goals and expectations from the start.
I believe contracts should be viewed as the guide book for the business relationship, said SITE CEO Brenda Anderson. When drafting a new contract, it is essential to include all the details and manage expectations to avoid confusion later on in the relationship. SITE is committed to creating tools necessary to assist incentive and travel executives to succeed and strengthen their business relationships and opportunities, said Anderson.
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