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Hotel Management Contract
"I need a Hotel Management Contract for a new 5-star luxury hotel in Lagos, Nigeria, where an international hotel chain will manage the property starting March 2025, with specific provisions for staff training and brand standards compliance."
1. Parties: Identification of the hotel owner and management company
2. Background/Recitals: Context of the agreement, property description, and parties' intentions
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Appointment and Term: Scope of manager's appointment and duration of the agreement
5. Manager's Rights and Responsibilities: Detailed outline of management company's authority and duties
6. Owner's Rights and Obligations: Owner's roles, responsibilities, and retained rights
7. Staff and Employment: Employment arrangements, responsibilities, and policies
8. Operating Standards: Brand standards, quality requirements, and performance metrics
9. Budgets and Financial Management: Budget preparation, approval process, and financial reporting requirements
10. Fees and Payment Terms: Management fees, structure, calculation, and payment terms
11. FF&E and Capital Expenditure: Furniture, fixtures, equipment, and capital improvement provisions
12. Insurance and Indemnification: Required insurance coverage and mutual indemnification provisions
13. Default and Termination: Events of default, termination rights, and consequences
14. Post-Termination Obligations: Transition arrangements and post-termination responsibilities
15. Intellectual Property: Usage of brands, trademarks, and systems
16. Confidentiality: Protection of confidential information and trade secrets
17. Dispute Resolution: Process for resolving disputes between parties
18. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Non-Compete Provisions: Restrictions on manager operating competing hotels - include when exclusivity is required
2. Force Majeure: Provisions for extraordinary events - particularly relevant post-COVID
3. Area of Protection: Territorial restrictions - include when brand protection is needed
4. Marketing and Loyalty Programs: Participation in chain marketing/loyalty schemes - for branded hotels
5. Mixed-Use Provisions: Include when hotel is part of a mixed-use development
6. Casino/Gaming Operations: Include for properties with gaming facilities
7. Residential Components: Include for hotels with residential units or serviced apartments
1. Property Description: Detailed description of the hotel property and facilities
2. Brand Standards Manual: Detailed operating standards and brand requirements
3. FF&E Specifications: Detailed listings of furniture, fixtures, and equipment requirements
4. Key Performance Indicators: Specific performance metrics and targets
5. Initial Budget: First year's operating and capital budget
6. Fee Structure: Detailed breakdown of all fees and calculations
7. Required Insurance: Specific insurance requirements and minimum coverage
8. Pre-Opening Services: Scope and timeline of pre-opening activities
9. Centralized Services: List of mandatory and optional chain services and associated costs
10. Employee Policies: Key employment policies and procedures
Authors
Hospitality
Real Estate
Tourism
Property Development
Asset Management
Hotel Operations
Food and Beverage
Leisure and Entertainment
Legal
Operations
Finance
Asset Management
Development
Compliance
Risk Management
Property Management
Investment
Human Resources
Commercial
Chief Executive Officer
Chief Operating Officer
General Counsel
Hotel General Manager
Director of Operations
Head of Legal
Chief Financial Officer
Asset Manager
Development Director
Investment Manager
Property Manager
Operations Manager
Contract Manager
Compliance Officer
Risk Manager
Hotel Owner
Regional Director
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