Luxury Hotel definition

Luxury Hotel means a hotel facility whose standards of operation and physical characteristics are substantially equal to or higher than the average standard of operation and physical characteristics of the five (5) hotels located in the City which reflect a quality standard of hotel operation at least equal to the higher of (i) the operation of the Hotel as managed and operated on the Effective Date, and (ii) the top tier of recognition as a so-called four (4) star hotel or equivalent rating (based on the criteria employed by the primary national hospitality industry rating services, including the Mobil Travel Guide, Conde Nast Traveler, and the American Automobile Association) (the “Luxury Hotel Competitive Set”). As of the Effective Date, the following hotels located in the City are considered to be included within the Luxury Hotel Competitive Set: the Park Hyatt Hotel; the Campton Place Hotel; the Huntington Hotel; the Fairmont Hotel; the Westin St. Xxxxxxx Hotel. It is recognized that not all services and facilities available in each Luxury Hotel will necessarily be provided by all Luxury Hotels, but that the composite of services, facilities, and amenities provided by each Luxury Hotel will cause such hotel to be deemed to constitute a Luxury Hotel. It is also recognized that during the Term of this Lease: (A) the list of the hotels comprising the Luxury Hotel Competitive Set may require modification as one or more existing hotels in the City is taken out of operation or suffers a decline or benefits from an improvement in its quality ratings and/or as new or remodeled hotels are added to the hotel market in the City and are operated in a manner that would qualify them for inclusion as part of the Luxury Hotel Competitive Set; and (B) the four-star quality rating for hotels in the City, as currently determined by the existing primary national hospitality rating services, includes a variety of hotels of different sizes, types, geographic locations and operations that fall within a quality range which varies from slightly less than five-star (or absolute top quality) status and slightly better than three-star (or somewhat lower quality) status. As used in this definition of Luxury Hotels, the term “top tier” hotels, when used to refer to hotels within the four-star or equivalent rating, shall refer to those hotels within the four-star or equivalent rating which occupy the top level of recognition within such four-star category (i.e., that are closest in ranking to f...
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Luxury Hotel means a brand of First-Class Hotels categorized by the Rating Service as being “luxury.”
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Luxury Hotel means a single room occupancy multiple dwelling in which the rent on May 5, 1983, exclusive of governmentally assisted rental payments, charged for 75% or more of the total number of occupied individual dwelling units was more than 55 dollars per day for each unit rented on a daily basis, or more than 250 dollars per week for each unit rented on a weekly basis or more than 850 dollars per month for each unit rented on a monthly basis. For computation purposes, the rental value of units which were vacant on May 5, 1983 shall be deemed to be the rent charged for comparable occupied units in the property on such date.
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Examples of Luxury Hotel in a sentence

  • Table 10: Descriptive Statistics for Additional Information Additional VariablesFrequencyValid PercentageThe Number of Luxury Hotel Stay 1-2 times Additional VariablesFrequencyValid PercentageThe Room Price of the Luxury Hotel $350 - $400 Among additionally measured variables (See Table 11), the mean score of brand consciousness (M=5.49, SD=1.13) were higher than those of status consumption (M=4.74, SD=1.46) and conspicuous consumption (M=4.50, SD=1.47).

  • Leveraging the significant learning of sustainable excellence within ITC, he led the team at ITC Hotels to pioneer the concept of ‘Responsible Luxury’ in the hospitality industry, securing LEED Platinum certifications for all ITC super premium luxury hotels, making it the ‘Greenest Luxury Hotel Chain in the world’.

  • The Oberoi Group was also voted as the World’s Leading Luxury Hotel Brand for the sixth consecutive year by the World Travel Awards 2017.

  • In order to be classified as a Luxury Hotel, an Upper-Upscale Hotel, an Upscale Hotel, an Upper- Midscale Hotel, a Midscale Hotel, or an Economy Hotel, a hotel must be associated with a hotel brand rated at the corresponding scale level in the most recent listing of chain scale ratings published by STR, Inc.

  • Such insurance shall include coverage for earthquake (for the Luxury Hotel, Lifestyle Hotel, and Conference and Shared Service Facility only), flood, ordinance or law, temporary offsite storage, debris removal, pollutant cleanup and removal, preservation of property, landscaping, shrubs and plants and full collapse during construction.

  • This has always brought confusion among staff on who should identify records for disposal, when, what procedures to follow.

  • In the event that any dispute arises between Lessee and Lessor as to whether the Hotel is being operated at any given time as a Luxury Hotel, such dispute shall, upon the request of either party, be resolved by arbitration pursuant to Section 18.

  • Lessee shall leave the Premises, including all Improvements thereon, in first-class and serviceable condition and repair consistent with the operation of a Luxury Hotel, except for reasonable wear and tear, and except as otherwise expressly provided in Section 17.

  • These included among others Velmore Hotel, The Villas Luxury Hotel, Irene Country Lodge, Leriba Lodge, etc.

  • The Client hereby indemnifies and holds the Hotel and Luxury Hotel Hotels International South Africa (Pty) Ltd and its shareholders, officers, directors, agents and employees harmless from and against any and all actions, costs, claims, losses, expenses and/or damages, including attorney's fees, including death and personal injuries and damage to property arising out of the gross negligence or willful misconduct of the Client or its employees or invitees.


More Definitions of Luxury Hotel

Luxury Hotel means a New AAA Four Diamond Hotel and/or a Renovated AAA Four Diamond Hotel, as applicable.
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Related to Luxury 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.

  • Restaurant means a business location:

  • Restaurants means a business that prepares and serves food and drinks to customers.

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

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

  • Tavern means an on-premise beer retailer who is:

  • 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.

  • Motel means a development where members of the travelling public are lodged for brief periods of time, normally not exceeding seven (7) days, in rentable units, and where access to each of the rentable units is individually available from grade, either at grade or via stairways. A motel may include minor eating and drinking establishments and convenience retail stores, but shall not include a liquor store, an entertainment establishment, or an establishment where there is a dance floor. A motel shall not include a work camp.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Franchisee means a person to whom a franchise is granted.

  • Marriott means Marriott International, Inc.

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

  • Franchise Area means the area within the jurisdictional boundaries of the City, including any areas annexed by the City during the term of this Franchise.

  • Recreational vehicle park means any tract of land used for parking five or more self-contained recreational vehicles and includes any roadway, building, structure, vehicle, or enclosure used or intended for use as part of the park facilities and any tract of land that is subdivided for lease or other contract of the individual lots for the express or implied purpose of placing self-contained recreational vehicles for recreation, vacation, or business purposes.

  • Liquor store means a retailer, as defined in section 111 of the Michigan liquor control code of 1998, 1998 PA 58, MCL 436.1111, that is exclusively or primarily engaged in the sale of alcoholic liquor. The term does not include a retailer that is a retail food store.

  • Retail marijuana store means an entity licensed to purchase marijuana from marijuana cultivation facilities and marijuana and marijuana products from marijuana product manufacturing facilities and to sell marijuana and marijuana products to consumers.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • 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;

  • Mobile home space means a parcel of land for rent which has been designed to accommodate a mobile home and provide the required sewer and utility connections.

  • Retail Store – means any business facility that sells goods directly to the consumer whether for or not-for-profit, including, but not limited to, retail stores, restaurants, pharmacies, convenience and grocery stores, liquor stores, as well as seasonal and temporary businesses.

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • guest house means an accommodation establishment providing overnight lodging with at least one daily meal;

  • Hotel or motel means “hotel” as that term is defined in ORS 699.005.

  • Airport lounge means a business location:

  • Redeveloper means any person, firm, corporation or public