Has AIHce ever paid attrition fees?
The past several years, AIHce has been liable for thousands of dollars in attrition penalties. Fortunately, with careful monitoring and the help of contractors, we have been successful in reducing these fees. However, there is no guarantee that AIHce will always be able to negotiate a settlement rather than pay the fees in full. In 2008 and beyond, AIHce has the very real potential of facing over $500,000 annually in hotel attrition penalties. It is impossible to sustain this type of financial loss.
