Four Seasons Hotel New York in Midtown Manhattan is a luxury five-star hotel that towers 52 storeys tall. Inside this beacon of sophistication, you’ll find the largest hotel rooms in the city as well as an attentive yet unobtrusive staff. New York’s tallest five-star luxury hotel contains 368 ultra...
If the Patron cancels the entire Event, the Hotel shall have suffered damages equivalent to the profits that the Hotel would have earned from the sale of rooms in connection with the Event. The parties acknowledge that it is difficult to quantify such damages and have agreed that the Hotel shall assess a cancellation fee, (the “Cancellation Fee”) against the Patron as liquidated damages and not as a penalty. The parties agree that the Cancellation Fee will be based on the date written notice of cancellation is received by the Hotel, and calculated as a percentage of Anticipated Room Revenue from the Room in accordance with a cancellation revenue scale.