Common use of STR Reports Clause in Contracts

STR Reports. Reports compiled by Xxxxx Travel Research, or its successor, which contain historical supply and demand, occupancy, and average rate information for the Hotel and hotels with which it competes (or, in the event that Xxxxx Travel Research discontinues providing such information, reports of similar nature compiled by an authority recognized nationally in the hospitality industry).

Appears in 9 contracts

Samples: Hotel Lease Agreement (Apple Reit Six Inc), Hotel Lease Agreement (Apple REIT Ten, Inc.), Hotel Lease Agreement (Apple Hospitality Two Inc)

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STR Reports. Reports compiled by Xxxxx Travel Research, or its ----------- successor, which contain historical supply and demand, occupancy, and average rate information for the Hotel and hotels with which it competes (or, in the event that Xxxxx Travel Research discontinues providing such information, reports of similar nature compiled by an authority recognized nationally in the hospitality industry).

Appears in 4 contracts

Samples: Master Hotel Lease Agreement (Apple Hospitality Two Inc), Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Hospitality Two Inc)

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STR Reports. Reports compiled by Xxxxx Sxxxx Travel Research, or its successor, which contain historical supply and demand, occupancy, and average rate information for the Hotel and hotels with which it competes (or, in the event that Xxxxx Sxxxx Travel Research discontinues providing such information, reports of similar nature compiled by an authority recognized nationally in the hospitality industry).

Appears in 1 contract

Samples: Hotel Lease Agreement (Apple Hospitality Five Inc)

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