The University of Florida is seeking a qualified management company to operate the 36-room hotel located on the upper two floors of the J. Wayne Reitz Union. The contract term is for an initial period of four (4) years, with an option to renew based on satisfactory performance and the written approval of both parties for up to two additional two (2) year periods. The contract includes provisions for marketing and branding, performance tracking and accountability, guest satisfaction and loyalty, and financial management. Some key points to consider include:
• The hotel is located on the University of Florida campus and serves students, faculty, and visitors.
• The management company will be responsible for operating the hotel, including managing staff, marketing, and financial management.
• The contract includes provisions for performance tracking and accountability, including key performance indicators for guest satisfaction and housekeeping.
• The management company will be required to provide detailed financial reports and communicate with Reitz Union Management on a regular basis.
• The contract includes provisions for marketing and branding, including the development of a marketing plan and the use of social media to promote the hotel.