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GRAPEVINE
COMING SOON TO GRAPEVINE GOLF COURSE
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COURY HOSPITALITY
This full-service asset management company was founded in 1986
w Renovated their first hotel in the late 1990s
w Today's traveler wants an expertly curated experience, not just a good meal.
Coury believes craft signature restaurants and bars are the heartbeat of
your venue's identity. Excellence comes together with a touch of inspiration.
Bacchus Kitchen + Bar is Southwestern-inspired American cuisine with an
incredible ambiance in Hotel Vin, Grapevine.
Harvest Hall in Grapevine Main Station is scheduled to open late November
2020
Other venues crafted by Coury Hospitality are:
Siena Tuscan Steakhouse in Wichita, KS
Paramount Recreation Club in Amarillo, TX
Cafe Cuvee in Oklahoma City, OK
The Weather Room in Topeka, KS
REVENUE DISTRIBUTION
Revenues will be divided on a net
basis
■ pity 30%
70 %
TERM
Begins January 1 , 2021
Ends December 31 , 2026
Automatic two-year renewal at the
end of the initial term
Four additional , two-year terms
subject to mutual agreement of both
parties
QUALITY
Minimum acceptable rating for the
oncessions operation is 3 . 25 stars
on Google review scale .
PROGRAM COORDINATION & RESOLUTION
Manager will resolve issues and coordinate
activ'ties with Golf Director
m ny issues that cannot be resolved between
Manager and Golf Director will be decided upon
by the City Manager.
RESERVE FUND
A joint reserve fund of $50 , 000 shall
be established from each party's
revenue share
At termination of agreement, the
funds will be redistributed based on
the 30% - 70 % split between the City
and Manager.