Overview

Hotels are different from other types commercial real estate. They depend not on long-term leases but on highly transient tenants, and they are active businesses dependent on travel and tourism. Representing and advising hotels requires mastery of unique issues and legal concerns. Hotel Law provides comprehensive guidance for practitioners representing buyers, sellers, borrowers, lenders, franchisees, franchisors, and others in the hotel industry. What protections should a savvy hotel lender seek? What are the key considerations when negotiating a hotel management agreement? What requirements must be met for a hotel to qualify as a franchise under the FTC rule? This practical and insightful book answers these questions and many more. It covers hotel acquisitions and dispositions, hotel financing, management agreements, franchise agreements, troubled hotel projects, and hotel liability. Going beyond bricks and mortar, Hotel Law addresses all aspects of these complex, going concerns, not just the issues related to real property, furnishings and fixtures. Whether you counsel hotels on an ongoing basis or you are handling just one hotel-related transaction, this book will prepare you for the legal and practical issues that are bound to arise.

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9781588521736

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