Owned Hotels definition

Owned Hotels means Hudson in New York, Delano South Beach in Miami Beach and Clift in San Francisco, which the Company leases under a long-term lease.
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Owned Hotels shall have the meaning set forth in Paragraph 5(d) above.
Sample 1
Owned Hotels means each of the following: (i) the Red Roof Kings Island, the Days Inn King Island, the Days Inn Cambridge and the Best Western Cambridge owned by Beckelbe, (LLC); (ii) the Days Inn East owned by Xxxx II; (iii) the Days Inn Pompano Beach owned by Pompano Beach; and (iv) the Holiday Inn Express Juno Beach beneficially owned by Juno, and title to which is in the name of the Trustee .
Sample 1

Examples of Owned Hotels in a sentence

  • The Purchaser will promptly provide the Selling Parties with a complete list that identifies any additional records and information concerning the Properties, the LodgeWorks Property, and the Third Party Owned Hotels in the Selling Parties’ possession or control that the Purchaser has not been previously provided.

  • The Company's existing 50 Owned Hotels and Managed Hotels (together, the "JQH Hotels") operate primarily under the Embassy Suites and Holiday Inn trade names.

  • No later than 9 months after the United States conducts the ADA Training Program and for the term of this Consent Decree, all employees working at Owned Hotels, Managed Hotels, and Joint Venture Hotels whose essential job functions require them to interact with hotel guests shall be required to complete a program to educate them on the use of service animals and effective communication with individuals with disabilities.

  • The Company owns 45 hotels located in 19 states containing 11,067 guest rooms and suites (the "Owned Hotels") and manages five additional hotels located in two states containing 1,136 guest rooms (the "Managed Hotels").

  • The training specified in this Paragraph shall be referred to as the “ADA Training Program.” Thereafter, newly-hired employees falling into the categories identified above at Owned Hotels, Managed Hotels, or Joint Venture Hotels shall be required to complete the ADA Training Program that applies to them within three months of hire.

  • There are several scenarios in which such a prayer might be appropriate.

  • All accounts receivable of each of the Xxxx II Entities and the Owned Hotels that are reflected on the balance sheet which is part of the Xxxx II Entities Financial Statements or on the accounting records of each of the Xxxx II Entities as of the Closing Date (collectively, the "Accounts Receivable") represent or will represent valid obligations arising from sales actually made or services actually performed in the ordinary course of business.

  • Excluding termination fees in 2013, Adjusted EBITDA increased 26.7% over the same period in 2013 primarily driven by strong operating performance at the Company’s Owned Hotels, including a 36.8% increase in EBITDA at Delano South Beach.

  • System-wide REVPAR for Same-Store Hotels in North America increased 6.1% compared to the first quarter of 2006.▪ Worldwide REVPAR for Starwood branded Same-Store Owned Hotels increased 9.3% compared to the first quarter of 2006.

  • REVPAR at Starwood branded Same-Store Owned Hotels in North America decreased 18.6%.

Related to Owned Hotels

  • Owned Real Estate means all land, together with all buildings, structures, fixtures, and improvements located thereon and all easements, rights of way, and appurtenances relating thereto, owned by the Company or any of its Subsidiaries.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Owned Properties has the meaning set forth in Section 3.16.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

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

  • 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.

  • Residential means any school trip which includes an overnight stay.

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

  • Playground means any park or recreational area designed in part to be used by children that has play or sports equipment installed or that has been designated or landscaped for play or sports activities, or any similar facility located on public or private school grounds or on [City or County] grounds.

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

  • Residential property means improved property that:-

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

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

  • Company Owned Real Property shall have the meaning set forth in Section 3.12(a).

  • 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.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Residential Lot means a lot, the use of which is limited by law, covenant,

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

  • Existing uses means those uses actually attained in a water body on or after November 28, 1975, whether or not they are included in the water quality standards.

  • Excluded Personal Property means the following:

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Real Estate means all Leases and all land, together with the buildings, structures, parking areas, and other improvements thereon, now or hereafter owned by any Loan Party, including all easements, rights-of-way, and similar rights relating thereto and all leases, tenancies, and occupancies thereof.

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

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.