A hotel master management agreement is made between two parties where one takes the responsibility of supervising and directing various operations of the hotel and in return for his management services, he is paid a certain amount of money for a particular term.
Sample Hotel Master Management Agreement
This hotel master management agreement is made between the LESSEE and the MANAGER on the effective date of August 4, 2011 in Florida for 1 year starting from the day of signing the contract.
Name: ABC Hospitality Services Ltd
Address: 409 Forest View, Florida
Contact number: 375839582
Name: XYZ Hotel Services
Address: 899 Pine Creek Road, Florida
Contact number: 9340390902
DURATION OF AGREEMENT: 1 year
TERMS AND CONDITIONS:
The LESSEE hereby appoints the MANAGER as the sole and exclusive operator and manager to supervise the management and operations of the hotel premises at the expense of the LESSEE.
The MANAGER accepts the appointment and agrees to manage the premises during the term of the contract, that is, one year.
The MANAGER shall be responsible for maintaining the hotel premises in accordance with the plans, specifications and safety standards
The MANAGER shall have the discretion and control over all matters related to the management and operation of the hotel like charges of room, food and beverages services, employment policies, marketing, advertising, publicity, credit policies, maintenance of bank accounts, disbursement of funds and so on.
The LESSEE shall pay the MANAGER a monthly amount of $10,000 for his services.