Hotel Management Contract Template for Philippines

1. Parties: Identification of the Hotel Owner and the Hotel Management Company

2. Background: Context of the agreement, description of the property, and parties' intentions

3. Definitions: Detailed definitions of terms used throughout the agreement

4. Appointment and Term: Scope of manager's appointment, term length, and renewal provisions

5. Manager's Rights and Responsibilities: Detailed outline of the management company's authority and obligations

6. Owner's Rights and Obligations: Owner's roles, responsibilities, and retained rights

7. Personnel and Employment: Staffing arrangements, employment policies, and key personnel requirements

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 Payments: Management fees, structure, calculation methods, and payment terms

11. FF&E and Capital Expenditure: Provisions for furniture, fixtures, equipment, and capital improvements

12. Insurance and Indemnification: Required insurance coverage and mutual indemnification provisions

13. Termination: Termination rights, process, and consequences

14. Post-Termination: Obligations and transitions after contract termination

15. Representations and Warranties: Standard representations and warranties from both parties

16. Governing Law and Dispute Resolution: Choice of Philippine law and dispute resolution mechanisms

17. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments

1. Property Description: Detailed description of the hotel property and facilities

2. Key Performance Indicators: Specific performance metrics and targets

3. Base Fee and Incentive Fee Calculations: Detailed fee structures and calculation methods

4. Brand Standards: Specific requirements for maintaining brand standards

5. Required Insurance: Detailed insurance requirements and coverage limits

6. FF&E Requirements: Specifications for furniture, fixtures, and equipment

7. Key Personnel: Positions designated as key personnel and their qualifications

8. Operating Accounts: Structure and management of various operating accounts

9. Initial Budget: First year's operating budget

10. Competitive Set: List of competing hotels for performance comparison

11. Owner's Reserved Rights: Specific decisions requiring owner approval

12. Form of Owner's Certificate: Standard form for periodic owner certifications