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Hotel Management Contract
"I need a Hotel Management Contract for a new 5-star luxury hotel in Dubai Marina, scheduled to open in March 2025, which will include branded residences and multiple signature restaurants."
1. Parties: Identification of the Hotel Owner and the Hotel Operator
2. Background: Context of the agreement, description of the property, and parties' intentions
3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement
4. Appointment and Term: Scope of operator's appointment, term length, and renewal conditions
5. Hotel Standards: Brand standards, quality requirements, and service levels
6. Operator's Rights and Obligations: Detailed responsibilities of the operator in managing the hotel
7. Owner's Rights and Obligations: Owner's responsibilities including funding and maintenance obligations
8. Employees: Employment arrangements, responsibilities, and management structure
9. Operating Accounts and Fees: Financial arrangements, fee structure, and account management
10. Budgets and Business Plans: Process for preparing and approving annual budgets and business plans
11. FF&E and Capital Expenditure: Management of furniture, fixtures, equipment, and capital investments
12. Insurance: Required insurance coverage and responsibilities
13. Intellectual Property: Use of brands, trademarks, and other IP
14. Termination: Termination rights, process, and consequences
15. Force Majeure: Events beyond parties' control and their implications
16. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law
17. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments
1. Pre-Opening Services: Details of services provided before hotel opening, used for new hotel developments
2. Mixed-Use Provisions: Special provisions for hotels in mixed-use developments, addressing shared facilities and integration
3. Branded Residences: Provisions for managing branded residential units if part of the development
4. Technical Services: Additional technical support services provided by operator during development phase
5. Marketing Program Participation: Participation in operator's global marketing programs and loyalty schemes
6. Gaming Facilities: Specific provisions for hotels with gaming facilities, if permitted by law
7. Centralized Services: Terms for participation in operator's centralized services like reservations or purchasing
8. Environmental Sustainability: Specific environmental commitments and green initiatives
9. Food and Beverage Concepts: Specific provisions for signature restaurants or licensed F&B concepts
1. Property Description: Detailed description of the hotel property and facilities
2. Brand Standards: Detailed operator's brand standards and requirements
3. Fee Structure: Detailed breakdown of all fees and calculation methods
4. Key Performance Tests: Metrics for evaluating operator's performance
5. FF&E Requirements: Detailed specifications for furniture, fixtures, and equipment
6. Required Insurance: Detailed insurance requirements and minimum coverage
7. Pre-Opening Budget: Detailed budget for pre-opening period if applicable
8. Operating Procedures: Key operational procedures and standards
9. Employee Positions and Structure: Organizational structure and key position requirements
10. Competitive Set: Definition of competitive set for performance comparison
11. Initial Business Plan: First year's business plan and budget
12. Technical Services Scope: Detailed scope of technical services if applicable
Authors
Hospitality
Real Estate
Tourism
Property Development
Investment Management
Asset Management
Leisure & Entertainment
Legal
Operations
Finance
Commercial
Development
Asset Management
Compliance
Human Resources
Technical Services
Executive Leadership
Investment
Property Management
Hotel General Manager
Chief Operating Officer
Asset Manager
Development Director
Legal Counsel
Operations Director
Finance Director
Commercial Director
Investment Manager
Property Manager
Compliance Officer
Human Resources Director
Technical Services Director
Chief Financial Officer
Chief Executive Officer
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