Schedule to Exhibit 10.18
Exhibit 10.18
Schedule to Exhibit 10.18
There are 7 management agreements with Sonesta International Hotels Corporation for full service hotels, a representative form of which is filed as an exhibit to our Current Report on Form 8-K dated April 23, 2012 and which is incorporated herein by reference. The other 6 management agreements, with the respective parties and applicable to the respective hotels listed below, are substantially identical in all material respects to the representative form of management agreement.
| Owner |
| Hotel |
| Landlord |
| Date of |
| Effective Date |
| Invested |
| Section 2.02(1) | |
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| Cambridge TRS, Inc. |
| Royal Sonesta Cambridge |
| HPT Cambridge LLC |
| January 31, 2012 |
| January 31, 2012 |
| $ | 120,000,000 |
| January 31, 2015 |
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| Cambridge TRS, Inc. |
| Royal Sonesta Harbor Court Baltimore 550 Light Street Baltimore, MD |
| Harbor Court Associates, LLC
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| May 31, 2012 |
| May 31, 2012
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| $ | 47,296,000 |
| January 31, 2015 |
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| Cambridge TRS, Inc. |
| Sonesta Hotel Philadelphia 1800 Market Street Philadelphia, PA |
| HPT IHG-2 Properties Trust |
| June 18, 2012 |
| June 18, 2012 |
| $ | 32,500,000 |
| January 1, 2015 |
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| Cambridge TRS, Inc. |
| Royal Sonesta Houston Hotel Houston, TX |
| HPT IHG-2 Properties Trust |
| July 16, 2012 |
| July 16, 2012 |
| $ | 70,671,350 |
| January 1, 2016 |
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| Cambridge TRS, Inc. |
| Sonesta Gwinnett Place |
| HPT Cambridge LLC |
| February 26, 2013 |
| May 17, 2013 |
| $ | 31,000,000 |
| January 1, 2017 |
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| Cambridge TRS, Inc. |
| Royal Sonesta New Orleans |
| Royal Sonesta, Inc. |
| June 28, 2013 |
| June 28, 2013 |
| $ | 151,000,000 |
| January 1, 2016 |
