Traditional Culture Encyclopedia - Hotel accommodation - How much liquidated damages do you have to pay if you cancel a hotel wedding banquet?

How much liquidated damages do you have to pay if you cancel a hotel wedding banquet?

Liquidated damages shall be paid to the ordering party in accordance with the provisions of the contract. Calculated in terms of remuneration, liquidated damages shall be paid at one thousandth of the total remuneration for the overdue delivery part for each overdue day. It can be seen that the calculation standard for statutory liquidated damages for delayed performance of a contract is fixed. Legal basis: Article 577 of the "People's Republic of China and Civil Code" If a party fails to perform its contractual obligations or performs its contractual obligations inconsistently with the agreement, it shall bear liability for breach of contract such as continuing to perform, taking remedial measures, or compensating for losses.