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Insight | Legal Alert

Australia: Hotel Business Sale Agreements – Our Top Ten Insights

Our experience in the buying or selling of hotels, whether it be in Australia or overseas, is that the same issues will come up again and again when making decisions about the sale process and subsequently drafting and negotiating your transaction documents.
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As the hospitality industry continues to recover and revitalize from the impact of COVID-19, the responses by both business and consumers have accelerated significant change.

Hotel brands are developing creative approaches to reinvigorate existing business and develop new lines of business as the world lives through the pandemic. They have announced cleanliness policies and accelerated adoption of technology to offer contactless check-ins, messaging, room service, mobile room keys and more. This response to the market change has also resulted in enhanced brand standards demonstrating commitments to sustainability, alongside online marketing and increased use of technology to enhance overall customer experience.