How should our hotel handle a cancellation or attrition charge?
So, we had the following question asked, How should our hotel handle a cancellation or attrition charge? This is a question we get asked from time to time and it just so happened our Director of Accounting, Albert Tinnell, had just worked on this for one of our hotel monthly accounting clients. Hotel Accounting: Attrition Fees In his review, our clients question came about regarding cancellation fees; however, it can also be called attrition fees. The verbiage differs dependi