Hotel Management Agreement

A hotel management agreement is a legal document wherein the operational controls of a hotel are handed over by the owner or the stakeholders of the hotel to another enterprise to carry out the managerial functions which include administration, etc. in return of remuneration. The agreement states the functions that the management company has to perform and other such terms and conditions.

Sample Hotel Management Agreement

This agreement has been made between Riana Hotels having office at 153 E Main St. Mount Kisco, NY 10549 and Mr. Richard Washington, as the representative of the management company having its office at 56 N Main St, Florida, NY 10921

Terms and Conditions:

  • The amount payable for the services provided by the management company shall be $5,00,000 per annum.
  • The management company shall be entirely responsible for any misdeeds or misuse during the managerial functionalities by any of their employees.
  • Each of the parties shall maintain a level of trust and loyalty towards the other party.
  • Any one of the parties shall have the liberties to terminate the agreement, if at any point it feels there is the violation of any of the agreed clauses.

Hence, both the parties concerned are in approval of this agreement.

Signature of the management company:

Richard Washington

Signature of the representative from the Riana Hotels

A.B. Dvilllears.

Category: Management Agreements

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