PIP Discussion For Conversion And Revonation

Butler discussion for conversion and renovation

• B1. Average discussion durations: 06 months.
• B2. The Agreements upon execution are legally binding to both parties.

Glossary
• MOU: memorandum of understanding
•IASA : interim advisory services agreement
•BSMA: Butler service management agreement
•TSA: technical services agreement (management)/ DRA: design review agreement (franchise)
•LRA: licensing & royalty agreement
•ISA: international services agreement
•GDAP: global design Asia Pacific
•FF&E: fixture, furniture & equipment
•OS&E: operating supplies & equipment
•MEP: mechanical, engineering and plumping
•PIP: property improvement plans
•AM: asset management