Traditional Culture Encyclopedia - Hotel franchise - Does the hotel need to pay a deposit?
Does the hotel need to pay a deposit?
Need. Generally regular hotels need to pay a deposit. The amount of deposit depends on the price and grade of the hotel. When you check out at the end of your stay, if there is no deal with the hotel after rounds, the deposit will be refunded in full. Deposit means that one party pays a certain fee to the other party to ensure that its behavior will not harm the interests of the other party. If damage is caused, he can pay the expenses according to the facts or make compensation separately. After the legal relationship between the two parties does not exist and there are no other disputes, the deposit shall be refunded. If you breach the contract, it will be deducted.
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