Hotel Management

Regular Feature Hotels Hotel counsel Contracts in atomic number 63 Received (in rewrite form): 5 January 2007 Elana Bader is an Associate with the capital of the United Kingdom of?ce of HVS International, specialists in hotel paygrade and consultancy. She joined the ?rm in September 2005 after having worked for six old age in various operational hospitality roles in Europe and the USA. Originally from Zürich, Switzerland, she holds a Bachelor of Science in Hotel Administration from Cornell University. Since joining HVS International she has conducted several valuations, market and ?nancial feasibility studies in Europe and the Middle East, as well as writ go several articles covering European hotel transactions in 2005, the Budapest and Bucharest hotel markets, and sustainable business practices in hotels. ameer Lababedi is an Associate with the London of?ce of HVS International. He joined the ?rm in October 2005 after having worked in the hospitality industry for over ten years. Amir holds a Bachelor of Science (Hons) in Hotel Management from the University of Surrey. He joined the family hotel investment business in 2001 in which he worked for three years before acquiring his atomic number 62 in Global Banking and Finance in 2005 from the European London Business School.

Since joining HVS International, Amir has provided hotel investment advice and conducted valuations and feasibility studies in numerous countries within Europe, Africa and the Middle East. Abstract This article reviews the main(prenominal) terms, de?nitions and applications of a typical European hotel management contract. It must be noted that the terms and de?nitions provided below are broad indications scarcely and that any of these terms can vary signi?cantly depending on factors such(prenominal) as asset class, location, brand operator and investor type. Keywords: risk, hotel owner, hotel operator, management contracts journal of Retail and Leisure Property (2007) 6, 171179. doi:10.1057/palgrave.rlp.5100053 Elana Bader HVS International 7-10 Chandos... If you deprivation to get a full essay, order it on our website: Orderessay

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