| Hotel Management Agreement |
|
|
Hire a manager or management company to run the operations of your hotel with this comprehensive Hotel Management Agreement. Provisions of the Management Agreement include: The manager agrees not to provide services to any competing business within a specified radius of the hotel. (This clause is applicable if a management company is being retained to run the business.) The owner is responsible for ensuring that the business has adequate cash flow to pay all its operating expenses as they come due. The manager is responsible for establishing and maintaining proper accounting systems and records. The manager will hire all hotel staff and negotiate all contracts, including union contracts. The manager is responsible for preparing a yearly business plan for the hotel. This generic Hotel Management Agreement is provided in MS Word format, and is fully editable to meet your specific needs. |