food and beverage fees Tag

How to Save Money On F&B and Conference Room Rental

1. THEY’RE EQUAL FEES…Food & Beverage (F&B) minimums and Meeting Room Rental are equal fees and you should not have both in your hotel contract. A hotel has a minimum revenue amount that they expect to get out of their breakout rooms/ballrooms on a certain day/time. As long as you fulfill that with either meeting room rental or an F&B minimum, you are fulfilling the hotel’s revenue needs for that meeting room. 2. DON’T OVERPAY… Make sure that if you fall short of your F&B minimum that you don’t...