Qualified Management Contracts: Public-Sector/Private-Sector Partnering to Achieve Common Objectives
Recently public and private sectors have partnered in development of convention hotel properties; publicly owned and privately managed. This article highlights unique features of qualified management agreements and compares them to typical contracts.
Selecting a management company to run your hotel requires thorough due diligence. While a strong brand is important, there are many other issues that need to be considered during the selection process.
Lenders that orignate hotel loans without thoroughly investigating the quality of the management company or managment team are overlooking one of the most important components of a hotel investment.
Performance Clauses Essential In Contract
Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
Performance Clauses Essential In Contract
Structuring Management Contracts
Franchising - Ready or Not?
Steve Rushmore's November 2002 Hotels Monthly