Confidentiality Guidelines
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Confidentiality & Antitrust Guidelines for all Meetings and Events

The Hospitality Sales & Marketing Association International is committed to sponsoring face-to-face and virtual meetings and events where all participants can comfortably engage with their peers while protecting the confidentiality of their employers and abiding by antitrust rules. Specific details follow.

For Executive Roundtables: Statement of Expectations & Confidentiality


Roundtable members are encouraged and expected to actively participate while at all times respecting the proprietary information and strategy of their companies and other participating firms. Participants should share success stories and best practices, and make recommendations for HSMAI to consider as solutions or resources for the industry as a whole. Comments may be made freely without fear of individuals or companies being quoted without their express permission. HSMAI reserves the right to summarize themes and trends that may be identified from the roundtable discussions to include in articles and other resources developed for the industry and HSMAI members. The discussion will be recorded solely for this purpose.

For Conferences & Webinars: Statement on Corporate Confidentiality


Speakers and attendees are encouraged and expected to actively participate in discussions at HSMAI conferences while at all times respecting the proprietary information and strategy of their companies and other participating firms.

For All Events: Antitrust Guidelines


Certain topics are not proper subjects for discussion and consideration at any HSMAI meeting or gathering of members. While it is entirely appropriate to meet as an association to discuss common programs and areas of interest, participants must keep in mind that they may compete with each other to provide lodging or related services. Any agreement or collective action to eliminate, restrict, or govern competition among members may violate the antitrust laws. Agreements may be implied from direct or indirect communications. Participants, therefore, must not engage in discussions, whether formal or informal, of any subjects relating to pricing or capacity or which otherwise may be deemed in violation of applicable federal antitrust laws and state anti-competitive practices statutes.

More specifically, participants at HSMAI events may not:
• Discuss current or future prices (including room rates and surcharges) for lodging or other services provided by you or any other participant.
• Discuss raising or lowering prices for lodging or other services provided by you or any other participant.
• Discuss other key business terms associated with delivery of lodging or other services provided by you or any other participant.
• Discuss costs (including commissions and discounts) of goods and services associated with delivering lodging or other services, including costs of services provided by on-line or other travel agents.
• Discuss profit levels or margins for lodging or other services provided by you or any other participant.
• Discuss allocating markets or customers for lodging or other services provided by you or any other participant.
• Discuss confidential or business-sensitive information, such as service plans, initiatives, or other competitive strategies.
Complain about prices charged by your company’s competitors or suppliers.
• Discuss refusing to deal with a company (such as a vendor or supplier) because of its pricing or business practices.
• Discuss current or future capacity for lodging or other services.
• Attend any unofficial or “off the record” sessions or gatherings while attending today’s meeting.

If you have questions regarding any of these guidelines or how they might apply, direct your questions to HSMAI staff or your own internal resources, including legal counsel, either before you arrive or during an HSMAI event.