Hotel Development & Investment

electrical system

A network of conductors and equipment that carries, distributes and converts electrical energy from its point of delivery or generation to the various [...]

electrical system2024-09-16T09:23:02+02:00

HVAC system

The machinery comprised of heating, ventilation and air-conditioning units, air ducts, CO2 sensors, thermostats, fans, humidifiers and dehumidifiers t [...]

HVAC system2024-09-16T09:24:29+02:00

green building initiative

Any of numerous programs initiated by international, national and local organizations – governments, NGOs and companies – that encourages adoption and [...]

green building initiative2024-09-16T09:24:02+02:00

sustainability principles

The strategies, policies, procedures, and culture of integrity that uphold the basic sustainability responsibilities of the individual and organizatio [...]

sustainability principles2024-09-16T09:28:17+02:00

lease guarantee

A separate contract under which a third-party agrees to meet the rental payment obligations of the tenant to the landlord when triggered. [...]

lease guarantee2024-09-16T09:24:59+02:00

operator fee

A fee that the hotel business owner – property owner or tenant – pays a operating company for managing the hotel, typically consisting of the base man [...]

operator fee2024-09-16T09:25:53+02:00
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