Hotel Business Agreement
Hotel Business Agreement
This Hotel Business Agreement ("Agreement") is made and entered into on [Month Day, Year], by and between [Your Company Name], a company organized and existing under the laws of [State], having its principal place of business at [Your Company Address], and [Partner Company Name], a company organized and existing under the laws of [State], having its principal place of business at [Partner Company Address].
1. Purpose of Agreement
The purpose of this Agreement is to establish the terms and conditions under which the Hotel will provide accommodations and related services to the Partner and its clients.
2. Term
This Agreement shall commence on [Month Day, Year] and shall continue in effect until [Month Day, Year], unless terminated earlier in accordance with the provisions of this Agreement.
3. Services Provided
The Hotel agrees to provide the following services to the Partner:
-
Accommodations for guests as specified in the reservation details.
-
Access to Hotel facilities, including but not limited to the conference rooms, fitness center, and dining areas.
-
Complimentary breakfast and Wi-Fi for guests.
-
Any additional services as specified in Exhibit A attached hereto.
4. Payment Terms
4.1 Rates: The Partner agrees to pay the Hotel the rates set forth in Exhibit B attached hereto. Rates are subject to applicable taxes and fees.
4.2 Billing: The Hotel will invoice the Partner on a monthly basis. Invoices are payable within 30 days of receipt.
4.3 Late Payments: Any payments not made within the specified time frame will be subject to a late fee of [Percentage]% per month.
5. Reservations and Cancellations
5.1 Reservations: The Partner will provide a list of guests and their respective reservation details at least [0] days in advance.
5.2 Cancellations: Cancellations must be made at least [0] days prior to the scheduled arrival date. Late cancellations will be subject to a fee of [0]% of the total booking cost.
6. Termination
This Agreement may be terminated by either party upon [0] days written notice to the other party. In the event of termination, the Partner shall be responsible for payment of all outstanding invoices for services rendered prior to the termination date.
7. Indemnification
The Partner agrees to indemnify, defend, and hold harmless the Hotel, its affiliates, officers, directors, employees, and agents from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorney's fees) arising out of or related to the Partner's use of the Hotel's services and facilities.
8. Confidentiality
Both parties agree to keep confidential any and all information that is designated as confidential or that should reasonably be understood to be confidential, disclosed by either party in connection with this Agreement.
9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of laws principles.
10. Dispute Resolution
Any disputes arising out of or in connection with this Agreement shall be resolved through good faith negotiations between the parties. If the dispute cannot be resolved through negotiations, it shall be submitted to mediation in [City, State]. If mediation is unsuccessful, the dispute shall be resolved by binding arbitration in accordance with the rules of the American Arbitration Association.
11. Miscellaneous
11.1 Amendments: Any amendments or modifications to this Agreement must be made in writing and signed by both parties.
11.2 Entire Agreement: This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements or understandings, whether written or oral, relating to the subject matter hereof.
11.3 Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
11.4 Waiver: No waiver of any term or condition of this Agreement shall be valid unless in writing and signed by the party against whom such waiver is to be enforced.
IN WITNESS WHEREOF, the parties hereto have executed this Hotel Business Agreement as of the day and year first above written.
[Your Company Name]
By:
[Your Name]
[Title]
[Month Day, Year]
Partner: [Partner Company Name]
By:
[Full Name]
[Title]
[Month Day, Year]
