Exhibit 10.5 FORM OF STRATEGIC ALLIANCE AGREEMENT By And Among HUDSON HOTELS CORPORATION, HUDSON HOTELS PROPERTIES I, INC., HUDSON HOTELS PROPERTIES II, INC., HHC MANAGEMENT CORP., HUDSON HOTELS TRUST and HUDSON HOTELS LIMITED PARTNERSHIP, L.P. dated as of July, 1998 Exhibit F - Subordination Agreement SCHEDULES Schedule 1.2(d) -- Forms of Daily Operating and Financial Reports for Leased Hotels Schedule 2.1 -- Initial Hotels and Lease Terms Schedule 4.1(a) -- The Option Hotels Schedule 5.1.3 -- HHT and OP Approvals, Consents for Transfer Schedule 5.2.3 -- HUDS and Lessee Approvals, Consents for Transfer iii HUDSON HOTELS LIMITED PARTNERSHIP, L.P. By: ----------------------------------- Name: --------------------------------- Title: -------------------------------- 47