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Woolworths Holdings Limited Annual Contract 2024

BY CLARISSA HIEBNER

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MD
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WOOLWORTHS HOLDINGS LIMITED ANNUAL CONTRACT 2024

1 of 1 document

CORPORATE RATE AGREEMENT


VALIDITY: -




2025-01-31

2024-02-01


ISSUED BY

THE CAPITAL APARTMENTS AND HOTELS (PTY) LTD

TO

Woolworths Holdings Limited




It gives me great pleasure to confirm the following corporate rates for with
Woolworths Holdings Limited
The Capital Hotel Apartments & Hotels (Pty) Ltd, as per the attached rate card
and subject to the following terms and conditions:

1. COMPANY RATES

1.1 Rates issued as per this agreement are subject to quarterly production
reviews of your room night production.

1.3 Rates applicable for accommodation at any particular Hotel/s –

1.3.1 Shall be quoted in South African Rand, and on a per room, per night basis
i.e. the rate may change over the period of a reservation if it spans two rate
periods or dates where a peak period supplement is applicable;
1.3.2 Shall be quoted on a NETT and non-commissionable basis;
1.3.3 Shall be based on the particular room type/s requested at a Hotel;



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1.3.4 Include accommodation and all prevailing government taxes and levies
related to the provision of accommodation, including VAT, as may be applicable
(but may exclude any other special levies unrelated to the provision of
accommodation).
1.3.5 Include breakfast for one guest only. Should additional breakfast be
required the applicable rate as per the
breakfast supplement addendum will be charged accordingly, per person per day.

1.4 The Capital reserves the right to automatically, without prior notice,
increase the rates should government taxes or levies be amended or should a
further tax or levy be introduced during the duration of this agreement.

2. STANDARD VALUE ADDS

• Complimentary Limited laundry and ironing service when booking an apartment
• Complimentary Unlimited High-Speed Wi-Fi internet access
• Complimentary Cleaning service
• Complimentary Secure parking

3. AVAILABILITY OF CORPORATE RATES, TERMS AND CONDITIONS

3.1 The Capital reserves the right, at its discretion, to limit the number of
rooms available at any particular rate.
3.2 The Capital reserves the right at its discretion to amend the payment and
cancellation policies set out in this agreement during specified block-out
periods as per the attached peak period dates addendum.
3.3

Corporate rates are offered particularly to the company indicated in this
agreement and the Company shall not make the rates available directly to the
general public nor any corporate market.
3.4 The contracted rates are not applicable for groups of guests consisting of
10 (ten) or more full-paying guests.

4. CHILDREN’S POLICY

4.1 Children 12 (twelve) years on a complimentary bed & breakfast basis, when
accompanied by at least one (1) adult who is registered as a hotel guest at the
Hotel. Subject to maximum room occupancy restrictions and subject to
availability.



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4.2 Baby crib/cot is complimentary while rollaway beds may be chargeable. Rules
for maximum room occupancy will supersede this offer.
4.3 Our Hotels may have policies and rules in place about accommodating
children, which may differ from The Capital’s general policy or any terms and
conditions set out herein.
4.4 The respective Hotel management may require proof of age.


5. PAYMENT AND CONFIRMATION OF RESERVATIONS

5.1 Full pre-payment is required within 48 hours of receiving confirmation,
failing which the Hotel is not obliged to honour any reservations and may
release the rooms for sale.
5.2 Notwithstanding any other provision of this agreement, any prepayment
amounts paid shall be non-refundable and the Company shall have no claim to the
repayment or refund thereof, including in the event of the termination of this
agreement for any reason, save where such termination is the result of
non-performance by The Capital of its obligations in terms of this agreement.
5.3 Any amount due to us in terms of our standard terms and conditions of
residence that is not paid on the due date thereof shall attract interest at the
rate equal to the prime overdraft rate charged from time to time by Standard
Bank Limited to its most favourable clients in the private sector on unsecured
overdraft facilities calculated daily and compounded monthly in arrears, plus 2%
(two per centum) calculated from the due date until the actual date of payment.
5.4 Companies who have prearranged credit facilities at hotels will be required
to settle accounts within 30 (thirty) days from the date of receipt of an
invoice from the relevant Hotel.
5.5 For stays of 30 days or longer monthly invoices will be issued and
settlement will be required within 30 (thirty) days from the date of receipt of
an invoice from the relevant Hotel.
5.6 Hotels reserve the right to request deposits or full payment in advance of
the above, in the case of large groups, long stays, or high occupancy. All
payments must be made in South African Rand directly to each Hotel concerned.
5.7 Credit arrangements are on application only.
5.8 Unless credit facilities have been approved all group and guest reservations
will be on a pre-payment basis only.

6. CANCELLATION AND AMENDMENT POLICY
6.1 A Cancellation made 8 days or more before the booked arrival date qualifies
for a full refund
and no cancellation fee. A Cancellation made 7 days or less before the booked
arrival date
will incur a 100% cancellation fee.



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6.2 When booking via the GDS a 24-hour cancellation period will be applicable
unless otherwise negotiated on an RFP. Bookings made via the GDS should be
cancelled via the GDS, not via any other method.
6.3 In cases of “No-Shows’ the hotel shall be entitled to claim full
compensation for services ordered.

7. STANDARD TERMS AND CONDITIONS IN RESPECT OF THE HOTELS AND USE OF THE HOTEL
FACILITIES

7.1 The Company acknowledges and accepts that the provision of all accommodation
at the Hotels, as well as the use of the Hotels’ facilities, is subject to The
Capital’s standard terms and conditions of residence save and except where the
provisions of this guarantee may differ from the terms and conditions and in
which case our standard terms and conditions prevail.
7.2 This agreement does not reserve or secure the use of the Hotel facilities as
may be applicable unless otherwise specified. The Hotel will however use
reasonable endeavours to accommodate guests should they require access to and
use of any Hotel facilities, at the Hotel's prevailing charges (if any), in
respect thereof.
7.3 The agreement is issued on the basis that you shall not misrepresent the
Hotel and/or the Hotel's facilities or amenities in any advertisement,
statement, or other representation to the public and that you indemnify and hold
The Capital harmless against any claims, loss or damage arising from any such
misrepresentation howsoever caused.

8. CESSION AND ASSIGNMENT

You shall not cede, assign, delegate or otherwise dispose of or transfer the
rights and obligations under this agreement to another person without the prior
written consent of The Capital, consent of which shall not be unreasonably
withheld.

9. FORCE MAJEURE

The Capital shall not be liable to the company in respect of the non-performance
of any of the provisions of this agreement, and further shall be entitled to
cancel this guarantee without liability in the event and to the extent that such
non-performance is the direct result of or has been directly caused by force
majeure, which shall mean any event beyond the reasonable control of The Capital
and which could not reasonably have been foreseen by it at the date of signature
hereof.





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10. GENERAL

10.1 No agency, employment, partnership, distributorship, or joint venture shall
be deemed to exist between the parties.
10.2 This guarantee is subject to interpretation in terms of the law of the
country in which the relevant The Capital resides.
10.3 No provision of this agreement shall (unless otherwise stipulated)
constitute a stipulation for the benefit of any person (stipulatio alteri) who
is not a beneficiary of this agreement.


We look forward to welcoming your travellers to our properties.

Please feel free to contact me directly should you require any further
information or assistance.

Yours sincerely,

Millicent Davids
Sales Manager
The Capital Apartments and Hotels (Pty) Ltd
E: millicent@thecapital.co.za | M: 0727826900 | T: +27 (0) 10 448 5000





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The Capital Apartments and Hotels (Pty) Ltd

Name and Surname:

Millicent Davids

Designation:

Sales Manager

Signature:



Date:




2024-02-29


Woolworths Holdings Limited

Name and Surname:

Gus Parker

Designation:

Non Trade Procurement Business Partner
Woolworths Finance

Signature:



Date:



Signature


2024-03-01









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mailto:reservations@thecapital.co.zamailto:reservations@thecapital.co.za


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mailto:reservations@thecapital.co.za

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mailto:reservations@thecapital.co.zamailto:reservations@thecapital.co.za


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