EX-10.3 7 svc-q12024xex103schedulexs.htm EX-10.3 Document

Schedule to Exhibit 10.3
There are 20 management agreements with subsidiaries of Sonesta Holdco Corporation, or Sonesta, for hotels which we and Sonesta have designated as retained hotels, a representative form of which is filed as Exhibit 10.1 to our Current Report on Form 8-K dated January 7, 2022 and which is incorporated herein by reference. The hotels covered by that representative form of management agreement are listed on a schedule filed as Exhibit 10.5 to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 and which is incorporated herein by reference. There is one additional management agreement for retained hotels that covers the 48 hotels listed below as the June 2023 Management Agreement Hotels. The other 18 management agreements for retained hotels each cover a single hotel scheduled below. All of the management agreements are substantially identical in all material respects to the representative form of management agreement.




Trade Name and Street Address


Landlord


Owner


Manager


Effective Date


Service Level

Initial Owner’s
Priority
Sonesta Redondo Beach & Marina
300 North Harbor Drive
Redondo Beach, California 90277
HPT IHG-2
Properties Trust
SVC Redondo Beach
TRS LLC
Sonesta Redondo Beach LLC
January 1, 2022
Full
$4,524,631
The Clift Royal Sonesta 495 Geary Street
San Francisco, CA
HPT Geary Properties Trust
HPT Clift TRS LLC
Sonesta Clift LLC
January 1, 2022
Full
$12,012,805
Royal Sonesta Chicago River North 505 North State Street
Chicago, Illinois 60654
HPT IHG
Chicago Property LLC
HPT State Street TRS LLC
Sonesta State Street LLC
January 1, 2022
Full
$3,108,330
The Royal Sonesta Chicago Downtown 71 East Wacker Drive
Chicago, Illinois
HPT IHG-2
Properties Trust
HPT Wacker Drive
TRS LLC
Sonesta Chicago LLC
January 1, 2022
Full
$5,886,331
The Allegro Royal Sonesta Chicago Loop 171 West Randolph Street
Chicago, Illinois 60601
HPT IHG-3
Properties LLC
SVC Randolph Street
TRS LLC
Sonesta Randolph Street
LLC
January 1, 2022
Full
$5,070,314
Royal Sonesta Boston
40 Edwin H. Land Boulevard Cambridge, Massachusetts
HPT Cambridge LLC
Cambridge TRS, Inc.
Sonesta International Hotels
Corporation
January 1, 2022
Full
$10,372,038
Royal Sonesta New Orleans 300 Bourbon Street
New Orleans, Louisiana
Royal Sonesta, Inc.
Cambridge TRS, Inc.
Sonesta International Hotels
Corporation
January 1, 2022
Full
$14,173,842
Sonesta Simply Suites Jersey City 21 2nd Street
Jersey City, New Jersey
HPT IHG-2
Properties Trust
SVC Jersey City TRS LLC
Sonesta Jersey City LLC
January 1, 2022
Select
$2,112,534
Sonesta Simply Suites Parsippany Morris Plains 100 Candlewood Drive
Morris Plains, New Jersey 07950
HPT IHG-2
Properties Trust
SVC Morris Plains TRS LLC
Sonesta Morris Plains LLC
January 1, 2022
Select
$760,144
Sonesta ES Suites Parsippany Morris Plains 3 Gatehall Drive
Parsippany, New Jersey 0054
HPTMI
Properties Trust
SVC Gatehall Drive TRS LLC
Sonesta Gatehall Drive LLC
January 1, 2022
Select
$1,365,932




Trade Name and Street Address


Landlord


Owner


Manager


Effective Date


Service Level

Initial Owner’s
Priority
The Royal Sonesta Minneapolis
35 South 7th Street Minneapolis, Minnesota 55402
HPTWN
Properties Trust
SVC Minneapolis TRS LLC
Sonesta Minneapolis LLC
January 1, 2022
Full
$4,330,782
Royal Sonesta San Juan 5961 Isla Verde Avenue
Carolina, Puerto Rico 00979
HPT IHG PR, Inc.
SVC San Juan TRS LLC
Sonesta San Juan LLC
January 1, 2022
Full
$5,646,494
Sonesta ES Suites Toronto 355 South Park Road
Toronto, Ontario L3T 7W2, Canada
HPT IHG
Canada Properties Trust
HPT TRS IHG-2,
Inc.
Sonesta Canada ULC
January 1, 2022
Select
$1,107,994
The Yorkville Royal Sonesta Hotel
220 Bloor Street
Toronto, Ontario M5S IT8, Canada
HPT IHG
Canada Properties Trust
HPT IHG-2 TRS,
Inc.
Sonesta Toronto ULC
January 1, 2022
Full
$2,584,900
Sonesta White Plains
66 Hale Avenue
White Plains, NY
HPT IHG-2
Properties Trust
HPT TRS IHG-2, Inc.
Sonesta White Plains LLC
January 1, 2022
Full
$5,097,740
Sonesta Select Whippany
157 Route 10 East
Whippany, NJ
HPTCY Properties Trust
HPT CY TRS, Inc.
Sonesta Whippany LLC
January 1, 2022
Select
$1,334,969
Sonesta Chicago O’Hare Airport
10233 West Higgins Road
Rosemont, IL
HPT IHG-3 Properties LLC
SVC Higgins Road TRS LLC
Sonesta Higgins Road LLC
April 1, 2024
Full
$2,370,717
Sonesta Simply Suites Chicago O’Hare
4021 North Mannheim Road
Schiller Park, IL
HPT IHG-2 Properties Trust
SVC Mannheim Road TRS LLC
Sonesta Mannheim Road LLC
April 1, 2024
Select
$1,155,587


June 2023 Management Agreement Hotels:
Trade Name and Street AddressLandlordOwner


Manager


Effective Date


Service Level

Initial
Owner’s Priority
Sonesta ES Suites Birmingham Homewood
50 State Farm Parkway
Homewood, AL
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$871,176
Sonesta Select Phoenix Chandler
920 North 54th Street
Chandler, AZ
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,229,547


Trade Name and Street AddressLandlordOwner


Manager


Effective Date


Service Level

Initial
Owner’s Priority
Sonesta ES Suites Flagstaff
1400 North Country Club Drive
Flagstaff, AZ
HPTMI Properties TrustCambridge TRS, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$653,715
Sonesta ES Suites Scottsdale
6040 North Scottsdale Road
Scottsdale, AZ
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,376,289
Sonesta Simply Suites Scottsdale North
10740 North 90th Street
Scottsdale, AZ
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,056,905
Sonesta Select Tempe
601 South Ash Avenue
Tempe, AZ
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,220,901
Sonesta ES Suites Tempe
5075 South Priest Drive
Tempe, AZ
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,159,727
Sonesta Emeryville
5555 Shellmound Street
Emeryville, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Full$4,239,477
Sonesta ES Suites Huntington Beach
9930 Slater Avenue
Fountain Valley, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,328,506
Sonesta ES Suites Fresno
5322 North Diana Avenue
Fresno, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$869,561
Sonesta Select Pleasant Hill
2250 Contra Costa Boulevard
Pleasant Hill, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,077,923


Trade Name and Street AddressLandlordOwner


Manager


Effective Date


Service Level

Initial
Owner’s Priority
Sonesta ES Suites Carmel Mountain
11002 Rancho Carmel Drive
San Diego, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$908,779
Sonesta Select San Ramon
18090 San Ramon Valley Boulevard
San Ramon, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,165,448
Sonesta Select San Francisco Airport
1300 Veterans Boulevard
South San Francisco, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$2,771,746
Sonesta ES Suites San Francisco Airport
1350 Veterans Boulevard
South San Francisco, CA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$2,230,849
Sonesta ES Suites Atlanta North Point Mall
1325 North Point Drive
Alpharetta, GA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,004,808
Sonesta ES Suites Atlanta Alpharetta Windward
5465 Windward Parkway
Alpharetta, GA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,290,217
Sonesta ES Suites Atlanta Kennesaw Town Center
3443 Busbee Drive NW
Kennesaw, GA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$889,832
Royal Sonesta Kauai Resort
3160 Rice Street
Lihue-Kauai, HI
HPTMI Hawaii, Inc.HPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Full$6,819,282
Sonesta ES Suites Chicago Downtown
201 East Walton Place
Chicago, IL
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$2,750,402


Trade Name and Street AddressLandlordOwner


Manager


Effective Date


Service Level

Initial
Owner’s Priority
Sonesta ES Suites Chicago Waukegan
1440 South White Oak Drive
Waukegan, IL
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,187,933
Sonesta ES Suites New Orleans Convention Center
345 St. Joseph Street
New Orleans, LA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$2,374,815
Sonesta ES Suites Annapolis
170 Admiral Cochrane Drive
Annapolis, MD
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,157,192
Sonesta ES Suites Baltimore BWI Airport
1160 Winterson Road
Linthicum Heights, MD
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$985,252
Sonesta Simply Suites Detroit Novi
42600 Eleven Mile Road
Novi, MI
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$738,445
Sonesta Select Detroit Novi
42700 Eleven Mile Road
Novi, MI
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,084,392
Sonesta ES Suites Detroit Warren
30120 North Civic Center Blvd.
Warren, MI
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$764,178
Sonesta ES Suites Raleigh Cary
2900 Regency Parkway
Cary, NC
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$971,506
Sonesta ES Suites Raleigh Durham Airport
2020 Hospitality Court
Morrisville, NC
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,127,515


Trade Name and Street AddressLandlordOwner


Manager


Effective Date


Service Level

Initial
Owner’s Priority
Sonesta ES Suites Albuquerque
3300 Prospect Avenue, NE
Albuquerque, NM
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,372,978
Sonesta Select Las Vegas
1901 North Rainbow Boulevard
Las Vegas, NV
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,207,017
Sonesta Simply Suites Las Vegas
4034 South Paradise Road
Las Vegas, NV
HPTMI Properties TrustHPT IHG-2 TRS, Inc.
Sonesta International Hotels
Corporation
March 5, 2024Select$1,806,857
Sonesta ES Suites Reno
9845 Gateway Drive
Reno, NV
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$800,347
Sonesta Select Allentown Bethlehem
2160 Motel Drive
Allentown, PA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$798,984
Sonesta ES Suites Allentown Bethlehem
2180 Motel Drive
Bethlehem, PA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$894,794
Sonesta ES Suites Nashville Brentwood
206 Ward Circle
Brentwood, TN
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$957,088
Sonesta Select Nashville Airport Suites
1100 Airport Center Drive
Nashville, TN
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,109,053
Sonesta Nashville Airport
600 Marriott Drive
Nashville, TN
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Full$3,460,637


Trade Name and Street AddressLandlordOwner


Manager


Effective Date


Service Level

Initial
Owner’s Priority
Stephen F. Austin Royal Sonesta Hotel
701 Congress Avenue
Austin, TX
HPTMI Properties TrustHPT TRS IHG-2, Inc.
Sonesta International Hotels
Corporation
March 5, 2024Full$3,482,093
Sonesta ES Suites Dallas Market Center
6950 North Stemmons Freeway
Dallas, TX
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,523,544
Sonesta ES Suites Fort Worth
5801 Sandshell Drive
Fort Worth, TX
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$842,524
Sonesta ES Suites San Antonio
425 Bonham Street
San Antonio, TX
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,721,512
Sonesta ES Suites Charlottesville
1111 Millmont Street
Charlottesville, VA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$754,625
Sonesta ES Suites Fairfax
12815 Fairlakes Parkway
Fairfax, VA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$911,553
Sonesta Simply Suites Falls Church
205 Hillwood Avenue
Falls Church, VA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$908,726
Sonesta Select Seattle Renton
200 SW 19th Street
Renton, WA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$914,364
Sonesta Simply Suites Seattle Renton
300 SW 19th Street
Renton, WA
HPTMI Properties TrustHPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$1,206,992


Trade Name and Street AddressLandlordOwner


Manager


Effective Date


Service Level

Initial
Owner’s Priority
Sonesta ES Suites Charleston
200 Hotel Circle
Charleston, WV
HPTMI
Properties Trust		HPT TRS MRP, Inc.
Sonesta International Hotels
Corporation
June 1, 2023Select$779,051