IHC Hotel definition

IHC Hotel. “Manager” or, “Licensor” IHC Hotel Limited, a limited company incorporated in England, which is an indirectly wholly-owned subsidiary of InterContinental Hotels Group PLC, the shares of which are dual listed on New York Stock Exchange (stock code: IHG) and London Stock Exchange (stock code: IHG) “independent third party(ies)” has its meanings ascribed to it under the Listing Rules “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “Pre-Opening Program” certain services including, without limitation, the coordination of marketing collateral, human resources and training plan, annual budget and sales and marketing program, to be provided by the Manager under the Hotel Management Agreement prior to the Commencement Date to prepare the Guam Hotel for the Hotel Management Services “Prospectus” the prospectus of the Company dated April 30, 2019 “Rebranding Date” the date following the completion of the Rebranding Program and notified by Manager to APHI Guam in writing, which is currently expected to be before October 1, 2021 “Rebranding Program” certain services including, without limitation, to the coordination of marketing coordination, sales and marketing program, information technology and business name registration, to be provided by the Manager under the Hotel Management Agreement prior to the Rebranding Date to prepare the Guam Hotel for its re-launch as “Crowne Plaza Guam” “RevPAR” revenue per available room, a performance metric used in the hotels and resorts industry that is calculated by dividing the gross room revenue by the number of available rooms “RGI” revenue generation index, a performance metric used in the hotels and resorts industry that is calculated by dividing RevPAR of the relevant hotel or resort by the average RevPAR of its main peers obtained from industry associations. A hotel with a RGI larger than 1 means that its RevPAR outperforms the average market RevPAR, and vice versa “Shareholder(s)” shareholder(s) of the Company
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Examples of IHC Hotel in a sentence

  • Based on the current estimates of the Directors, the annual Fees and Contributions payable to the IHC Hotel (or its affiliates) under the Hotel Management Agreements are expected to be no more than 7% of Kanoa Resort’s revenue in any of the five financial years following the Commencement Date.

  • When used in this announcement, “adjusted gross revenue” means, in general, the gross revenue of Kanoa Resort without taking into account certain ancillary income such as gratuities, taxes and customer credit in the relevant year, and “adjusted gross operating profit” means, in general, the gross operating profit of Kanoa Resort less the licence fees payable to IHC Hotel (or its affiliates) in the relevant year.

  • Each of IHC Hotel and the InterContinental Hotels Group PLC is an independent third party of the Company within the meanings of the Listing Rules.

  • The Manager and the Licensor, IHC Hotel Limited, is an indirectly wholly-owned subsidiary of InterContinental Hotels Group PLC, the shares of which are dual listed on the New York Stock Exchange (stock code: IHG) and London Stock Exchange (stock code: IHG).

  • For lodging at Ft. Knox, call IHC Hotel (Base Lodging), (502) 943-1000.

Related to IHC Hotel

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Hotels means the hotel properties described in Exhibit A hereto, as it may be amended from time to time by mutual agreement of Lessee and Operator to add hotel properties or to delete hotel properties as a result of termination of this Agreement with respect to one or more hotel properties pursuant to the termination provisions set forth in this Agreement. “Hotel” shall mean any hotel set forth on Exhibit A as it may be amended from time to time.

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Hotel Site means the real property on which the Hotel is located or to be located, as approved by us.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 2 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Mixed-use project means a project comprising both a qualified

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Casino means a casino as defined in section 1 of the KwaZulu-Natal Gaming and Betting Act, 2010 (Act No. 8 of 2010);

  • Shopping Centre means a grouping of commercial retail outlets which have been designed, developed and managed as a unit by a single owner or group of owners or tenants located on the same lot or lots with a frontage not less than 45 metres and having common on-site parking;

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Residential property means improved property that:-

  • Motel means a place of lodging that at any one time will

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Apartment shall have the meaning ascribed to it in Recital H;

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Shopping Center means the Shopping Center identified on the initial page hereof.

  • Redeveloper means any person, firm, corporation or public

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and related real estate activities, including the provision of mortgage financing or title insurance.

  • Apartment owner means the person owning an apartment and an undivided interest in the common areas and facilities appurtenant to such apartment in the percentage specified in the conveyance deed of apartment;

  • Commercial real estate means real estate or an interest in real estate that is not any of the following:

  • Residential Project means a redevelopment project that is

  • Campus means any place where the college conducts or sponsors educational, public service, or research activities.

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include: