The HVS Guide to Hotel Management Contracts: Asia Pacific presents the findings of an extensive review of hotel management agreements across the Asia Pacific (APAC) region, excluding India. The guide provides an in-depth analysis of the key commercial terms and contractual provisions that shape hotel management agreements, offering valuable insights for hotel owners and operators navigating management contract negotiations. The guide examines sev…
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We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
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HVS Guide to Hotel Management Contracts: Asia Pacific
The HVS Guide to Hotel Management Contracts: Asia Pacific presents the findings of an extensive review of hotel management agreements across the Asia Pacific (APAC) region, excluding India. The guide provides an in-depth analysis of the key commercial terms and contractual provisions that shape hotel management agreements, offering valuable insights for hotel owners and operators navigating management contract negotiations.
The guide examines seven principal areas critical to owner-operator negotiations:
- Management contract term (Initial Term, Extensions/Renewals)
- Territorial restrictions (Inclusion/Exclusion of this Provision, Key considerations)
- Operator fees (Base Management Fees, Incentive Management Fees, Other Fees)
- Operator performance tests (Commencement Year, Test Period, Type of Test, Performance Tresholds, Provision for Operator to Cure)
- Budget (FF&E Reserve Contribution, Control of Receipt
- Owner rights (Approval, With Consultations, No Rights)
- Termination rights (Without Cause, Upon Sale, Extraordinary Conditions)
The guide is complemented by detailed factsheets covering 18 hotel operators, providing an overview of each operator, including:
- Management structure of existing and pipeline properties
- Top three active markets in APAC
- Loyalty Program
- Existing and pipeline properties by brands
For more information on this report, or if you have questions, please contact Chee Hok Yean, MRICS at [email protected]
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Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
In Focus: Singapore provides an overview of Singapore's tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investments in 2025, an in-focus topic on wellness within the hospitality sector, as well as an outlook.
In this article, we provide the market opinions of key HVS global leaders in many different regions of the world. HVS operates across the world, and regional leaders are keenly aware of the dynamics and trends that are influencing performance, profitability, and value.
The Market Snapshot: Asia Pacific 2025 highlights an overview of transaction activity in the region and presents 24 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
In Focus: Indonesia provides an overview of Indonesia's tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investments in 2024, an in-focus topic on the 10 priority destinations as well as an outlook.
In Focus: Singapore provides an overview of Singapore's tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investments in 2024, an in-focus topic on MICE and the entertainment tourism industry, as well as an outlook.
Our views around the world reflect early optimism for 2025, with the anticipation of stronger transaction activity and modestly improving hotel metrics in most regions.
The Market Snapshot: Asia Pacific 2024 highlights an overview of transaction activity in the region and presents 24 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
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The Market Snapshot: Asia Pacific 2023 highlights an overview of transaction activity in the region and presents 25 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.
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