Master Service Agreements with Hotel Chains Offer Planners Benefits and Challenges

MSAs are used across companies and industry segments to establish terms and conditions for a business relationship. Meeting MSAs provide the “overarching governance” such as dispute resolution mechanisms, confidentiality, payment terms, data security or perhaps guidance about business competitors meeting at the same time. Most importantly in the current high demand marketplace, an MSA may help a planner confirm elusive meeting space and dates faster with preferred partners.