Specifications include, but are not limited to: The Metropolitan Pier and Exposition Authority (“Authority”), hereinafter referred to as the “Authority” or “MPEA” is issuing this Request for Proposals (RFP) to seek convention hotel management companies capable of providing a full range of comprehensive management services for an existing convention center headquarter hotel (the “Hotel’) at the McCormick Place® Complex (MPC) in Chicago, Illinois. The Authority invites submittals from qualified convention center hotel operators that have proven experience in major market convention hotel management in North America. The Hotel is currently operated as the Hyatt Regency McCormick Place, the current QMA expires June 30, 2024. The hotel was originally completed in 1998 and the renovation and expansion was completed in 2013. At the conclusion of the RFP process described herein, the successful Proposer will be responsible for the comprehensive management and operation of the Hotel. The successful Proposer shall be an independent contractor and shall furnish all management, supervision, labor, sales/marketing, purchasing, and any or all other services; Hours of Operation: The Operator shall cause the Hotel to be operated for twenty-four (24) hours per day, seven (7) days per week for the entire calendar year, including holidays, during the term of the agreement in accordance with negotiated operating standards. Customary and Usual Tasks: Operator shall perform administrative, management, reporting, cooperation, sales, marketing, coordination, supervision and oversight tasks, as are customary and usual in the operation of a hotel of a class and standing consistent with the Hotel’s Campus facilities and the Operating Standard; including collaborating with other MPEA managers and agents in marketing, selling, and servicing of major conventions / groups to the benefit of the City, State, and the Campus. These efforts include working with the managers of the Authority-owned convention center (consisting of a facility manager and a food service manager, currently ASM Global and Savor, respectively), MPEA’s Collection Sales efforts (which includes the convention center and both Authority-owned hotels) and with Choose Chicago (the destination marketing organization for Chicago) to strategically use campus hotel rooms to drive citywide business to McCormick Place. Administrative Policies and Procedures: Subject to the other provisions of this Agreement, Operator shall establish and revise, as necessary, policies and procedures with respect to its operation of the Hotel, including policies and procedures for the control of revenue and expenditure, for the purchasing of supplies and services, for the control of credit and for the scheduling of routine repairs and maintenance, which policies and procedures shall be in accordance with brand standards. Operator agrees to respond to any questions the Authority may reasonably have regarding its policies and procedures.