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Why doesn NTCA just contract larger hotel room blocks?

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Why doesn NTCA just contract larger hotel room blocks?

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Hotels require groups like NTCA to actually utilize the rooms they have contracted, either by a member or the association. Thus, NTCA becomes financially liable for the rooms that members release closer to the meeting. If NTCA does not utilize the rooms it has committed to using, costs to the association can be staggering, up to hundreds of thousands of dollars.

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