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I would approach this as a negotiation and would certainly not START at 25%. I'd offer maybe 10%, let them counter and then negotiate to something in the middle that works for both. Prosper's advice is good - you definitely need to know what they are charging the clients (% means nothing without knowing what that comes out to in $) and how full your book will be BEFORE you begin negotiating your %.
When all this has been finalized, I'm sure we'd all like to know what you ended up doing...good luck!
11 years experience working for over 70 hotels nationwide. We never pay more than 20% commission, and even have some set-ups where EVERYTHING but product is provided by the hotel and we only pay 10%. Have seen arrangements as low as 5%.
And that is for a one-year contract. Shorter terms should be more favorable to you since it is not an ongoing enterprise.
Kara Royall said:
And how do you come to this conclusion?
Hi Kara! I think that's reasonable, taking in the fact that you have to travel more than 1 hour.
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