The hotel (Hyatt) where we are planning to hold our wedding and reception has fairly one-sided cancellation terms in their contract. The contract terms allow for them to cancel our wedding for any reason whatsoever, keep our deposit and refund us only the money we've paid up to a certain point (based on a liquidated damages schedule), while keeping our deposit!
We'd like for them to amend the contract to stipulate that
1. they can not cancel our wedding to book another event in its place
2. we get a full refund of all money paid, in the event they have to cancel our wedding for some other reason
Here's the exact contract wording:
"Either the Hotel or Group may cancel this contract without cause at any time prior to the event by paying to the other party liquidated damages (agreed not to constitute a penalty) based on the following scale:"
Has anyone dealt with a contract like this? Any tips/advice for this situation?
Thanks!