Hire a manager or management company to run the operations of your hotel with this comprehensive
Hotel Management Agreement.
- 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
Hotel Management Agreement template is provided in MS Word format, and is fully editable to meet your specific needs.
