Page 106 - Valor Hospitality Partners - Casa Anfa Project
P. 106
SUGGESTED MANAGEMENT AGREEMENT TERMS
• Group Services / Marketing Fee (if applicable)
• Brand driven and generally included along with reservations fees. Most brands charge 4% of Gross Rooms Revenue
and this is reflected in our proforma
• Reservation Fee
• Brand driven
• Owner’s Guarantee
• Valor as a third party operator do not typically guarantee an owner return. We would be willing to discuss with the
brand if this was an option and additionally, Valor may be willing to provide some form of fee deferral with claw back
provisions
• Performance Clause
• Valor provide performance clauses and are generally based around market share through STR reports and GOP
%age performance