Baker McKenzie

Hotels, Resorts & Tourism

Insight
30 September 2019
Another Dive into the Intricacies of Operator Performance Tests in Hotel Management Agreements
Hotel operators may be prepared to submit to a Performance Test which gives the hotel owner the option to terminate services in circumstances where performance falls below standard.
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Global hotel industry revenue is predicted to reach US$550 billion in 2016, up 20% from annual revenues just five years ago. Europe and Asia Pacific have the highest hotel occupancy rates in the world, and Millennials are expected to overtake Baby Boomers as the dominant consumer group in the tourism industry by 2017.

Insight
12 November 2019
Dispute Resolution Provisions - More Important Than You May Think
Contractual provisions by their very nature have the potential to create tension between the contracting parties, Read more.
Insight
30 September 2019
Another Dive into the Intricacies of Operator Performance Tests in Hotel Management Agreements
Hotel operators may be prepared to submit to a performance test which gives the hotel owner the option to terminate the services of the hotel operator in circumstances where actual performance of the ...
Insight
30 August 2019
Australia: Operator Financial Commitments
In this newsletter, we will focus on the more common forms of financial commitments such as key money, performance guarantee, incentive fee stand aside and cure payments in the context of performance ...
Insight
30 July 2019
The Impact of Debt on Hotel Management Agreement Negotiations - A Marriage with Three Parties
It is a curiosity of hotel management agreement negotiations that financing arrangements can be fundamentally impacted when the owner may not even know who its lender will be.
Insight
29 July 2019
Turkey: New "Tourism Share" Payment Liability on Certain Commercial Enterprises
The Law No. 7138 on the Tourism Publicity and Development Agency ("Law"), published in the Official Gazette No. 30832 dated 15 July 2019, Read more.
Insight
21 June 2019
Amnesty Opportunity for Hotel Operators
Thailand has temporarily suspended the enforcement of town planning and local building control regulations on certain buildings used for hotel business operations.
Insight
03 June 2019
10 Things to Think About When Considering Hotels in Mixed Use Developments
Mixed use developments are becoming more and more prevalent today which reflects a shift in the market to have built environments which cater for multiple uses.
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