Hotel Management Agreement Draft Page 6
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171.
The Operator will recruit the managers and staff in the Hotel in
stages as per the requirement of the Hotel and the same will be
communicated to the Board of Directors of ABC before doing so.
2.
The Chief Executive Officer, Managerial and Supervisory staff will
be on the payroll of the Operator which will be reimbursed on an
actual basis by ABC.
3.
All the balance Staff will be appointed by ABC.
4.
The Operator will operate the Hotel under the brand name
__________________.
5.
Any decision regarding a matter of policy in the operation and
management of the Hotel shall be taken unanimously by the Parties
to this Agreement.
6.
ABC shall create a reserve of ____% of the total turnover in the
balance sheet for advertising and sales promotion.
7.
ABC hereby covenants that the Operator shall be the exclusive
Operator of the Hotel and shall accordingly supervise and direct
the Operation of the Hotel and the Operator hereby undertakes to
discharge and perform efficiently and with due diligence the
obligation of the Operator hereunder.
8.
The Operator shall supervise and direct the operations of the Hotel
and shall have, within the limits stipulated in the Agreement,
complete and exclusive control and discretion over the operation of
the Hotel and all operating plans including use of space and
facilities, prices, entertainment and amusement policies, labour
policies, wage rates, hire and discharge of employees and all phases
of promotion, publicity and advertising in mutual understanding
with ABC, save and except as herein otherwise provided.
9.
All directions, suggestions, guidance and advice give by ABC to the
Operator from time to time, shall be honoured and implemented by
the Operator in so far as they are compatible with the smooth and
efficient running of the Hotel.
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Parent category: Business