Upscale Hotel definition
Examples of Upscale Hotel in a sentence
Subject to Section 23 below, the Company shall maintain the Upscale Hotel and museum in Continuous Operation throughout the term of this Agreement in order to retain its eligibility for ongoing City Incentive Payments.
If at any time the brand name "HILTON" is no longer generally known as an Upper Upscale Hotel brand, then Manager shall consider operation of the Hotel under another comparable hotel brand operated by Manager or its Affiliates that is generally known as an Upper Upscale Hotel brand, or the highest name brand that is not a luxury collection brand; provided, however, the foregoing shall not affect Manager's obligation to manage the Hotel under the Operating Standard.
The Authority has entered into a Concession Agreement dated with the Concessionaire (the "Concession Agreement") for “ Development, Operation and Maintenance of Upscale Hotel located at New Shillong Administrative City at Mawdiangdiang, Meghalaya under Design, Build, Finance, Operate and Transfer (DBFOT) Mode on Public Private Partnership (PPP)” (the “Project”), and a copy of which is annexed hereto and marked as Annex-A to form part of this Agreement.
The Authority has entered into a Concession Agreement dated with the Concessionaire (the "Concession Agreement") for “Development, Operation and Maintenance of Upscale Hotel located at New Shillong Administrative City at Mawdiangdiang, Meghalaya under Design, Build, Finance, Operate and Transfer (DBFOT) Mode on Public Private Partnership (PPP)” (the “Project”), and a copy of which is annexed hereto and marked as Annex-A to form part of this Agreement.
If Manager and its Affiliates change the brand name used in the system-wide identification of the Other Hilton Hotels, the Hotel name may be changed, at Manager's expense, without Corporation's consent, to reflect the change in the system-wide identification, provided, that if the system-wide identification, as changed, is no longer generally known as an Upper Upscale Hotel brand, then Corporation may terminate this Agreement by delivering written notice thereof without payment of any Termination Fee.
The hotel shall also contain a minimum of 105,000 square feet of constructed space, including a ground floor restaurant and/or roof top bar/eatery and fall within the Upscale Hotel sector as defined by ▇▇▇▇▇ Travel Research.
Subject to Section 9, below (Force Majeure), the Company shall maintain the Upscale Hotel and museum in Continuous Operation throughout the term of this Agreement in order to retain its eligibility for ongoing Incentive Payments.
Tenant’s compliance with these maintenance obligations shall be judged by a comparative standard with the custom and practice generally followed by comparable major first-class/STR Chain Scale rated Upscale Hotel Restaurant facilities located within the Oakland/Berkeley/Hayward Area.
The Authority is considering private sector participation to augment the tourism facilities in the State of Meghalaya and intends to bring in a private partner to Development, Operation and Maintenance of Upscale Hotel located at New Shillong Administrative City at Mawdiangdiang, Meghalaya under Design, Build, Finance, Operate and Transfer (DBFOT) Mode on Public Private Partnership (PPP) (hereinafter referred to as the “Project”).