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1. Parties: Details of all partners entering into the partnership deed
2. Background: Context of the partnership formation and hotel business venture
3. Definitions: Definitions of key terms used throughout the deed
4. Partnership Structure: Legal form of partnership, capital contributions, profit/loss sharing ratios
5. Business Scope: Detailed description of hotel business activities and limitations
6. Capital and Financial Arrangements: Initial capital, additional contributions, working capital requirements
7. Management and Control: Day-to-day management structure, decision-making processes, voting rights
8. Operations: Operational procedures, standards, and policies for hotel management
9. Partner Rights and Obligations: Detailed rights, duties, and responsibilities of each partner
10. Financial Management: Banking, accounting, auditing, and financial reporting requirements
11. Profit and Loss Distribution: Method and timing of profit distribution and loss allocation
12. Transfer of Interest: Rules regarding transfer of partnership interests and admission of new partners
13. Term and Termination: Duration of partnership and circumstances for termination
14. Dispute Resolution: Procedures for resolving disputes between partners
15. Governing Law: Applicable UAE laws and jurisdiction
1. Non-Compete Provisions: Restrictions on partners engaging in competing hotel businesses - include if partners have other hospitality interests
2. Intellectual Property: IP rights and brand management - include if hotel will operate under a specific brand
3. Insurance: Specific insurance requirements - include if not covered in operational agreements
4. Environmental Compliance: Environmental standards and sustainability commitments - include for green/eco-friendly hotels
5. Force Majeure: Provisions for unforeseen circumstances - particularly relevant post-COVID
6. Staff Housing: Arrangements for employee accommodation - include if partners will provide staff housing
7. Marketing and Branding: Marketing responsibilities and brand standards - include for branded hotels
8. Religious Observance: Provisions for Islamic banking and Sharia compliance - include if operating under Islamic principles
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's capital contributions
2. Schedule 2: Property Details: Details of hotel property, including title deeds or lease agreements
3. Schedule 3: Asset Inventory: Comprehensive list of hotel assets and equipment
4. Schedule 4: Management Structure: Organizational chart and key personnel positions
5. Schedule 5: Operating Licenses: Copies of all required licenses and permits
6. Schedule 6: Partner Information: Detailed information about partners including UAE residency status
7. Schedule 7: Financial Projections: Initial business plan and financial forecasts
8. Schedule 8: Insurance Policies: Details of required insurance coverage
9. Appendix A: Standard Operating Procedures: Basic operational procedures and standards
10. Appendix B: Brand Standards: If applicable, brand requirements and standards
Hospitality
Tourism
Real Estate
Food and Beverage
Entertainment
Events Management
Leisure
Commercial Property
Tourism Development
Hospitality Education
Legal
Finance
Operations
Compliance
Corporate Development
Investment
Asset Management
Property Management
Risk Management
Business Development
Executive Leadership
Corporate Governance
Strategy
Hotel General Manager
Chief Executive Officer
Chief Financial Officer
Operations Director
Legal Counsel
Investment Manager
Asset Manager
Development Director
Partnership Manager
Compliance Officer
Hotel Owner
Managing Partner
Business Development Manager
Property Manager
Finance Director
Corporate Secretary
Risk Manager
Hospitality Consultant
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