The Owning company engages in a Franchise / License agreement with an international hotel Brand at a franchise fee, which includes :
The Owning company engages with SHM in a hotel management agreement for managing the property for a management fee.
The Owning company employs the team and all employees by contract and the team is consequently managed by SHM, with the General Manager jointly appointed by the owning company and SHM.
All revenues, expenses and profits remain with the owning company.