Free Hotel Management Agreement Term Sheet Generator
For a hotel owner hiring a management company. Covers base and incentive fees, owner priority return, performance test, reserves, and termination. Fill in the terms on the left. Your term sheet updates on the right. Download it as a Word file when you're done.
What this template covers
- Owner
- Manager
- Hotel
- Services
- Base fee
- Incentive fee
- Accounting fee
- Employees
- Budget
- FF&E reserve
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.