Ocean Reef Club Waives Cancellation Fees in Key Largo, Fla.

Because it wants to calm the nerves of meeting planners who may have to cancel or downsize their programs in the face of economic hardship, the Ocean Reef Club in Key Largo, Fla., has announced a new policy whereby it will waive all cancellation and attrition penalties for new groups when they book a midweek meeting.

In order to qualify for attrition cancellation, groups must book meetings with at least 10 and no more than 50 guestrooms per night, according to the hotel. What's more, they must hold their meetings Sunday through Thursday; meetings held Friday and Saturday are, in fact, still subject to cancellation fees.

Located within an hour's drive of Miami International Airport, Key Largo's Ocean Reef Club offers 30,000 square feet of meeting space—including 12 separate function rooms—for up to 600 attendees.

For more information about the hotel and it's new meetings cancellation policy, visit www.oceanreef.com.