Hotels, Resorts & Tourism
Travel Leisurely
The travel and leisure business is diverse, opportunities are great but risks are many. The market is booming as developed markets mature and emerging markets create new wealth. You have to know where consumers want to go. And what they expect when they get there.
Success in the business of financing, building, buying, selling and managing hotels, resorts and tourist attractions requires long hours and hard work. You have to know when to turn over, or tune up, high-value assets. You have to be smart, quick and careful. And while it helps to be lucky, there is no substitute for experience and planning.
At Baker & McKenzie, we have a longstanding commitment to helping investors, developers, operators and service providers turn concepts into profitable realities. With a global team in major financial and destination markets, we are always up-to-date on trends, best practices and the laws and regulations that govern your activities.
How We Can Help
- Acquisitions and divestitures - We advise on local and international acquisitions and divestments of hotel, travel and tourism real estate, businesses, trusts and companies – from the smallest hotel to the largest integrated resort development or chain of hotels.
- Management contracts - Our lawyers are experienced in providing a detailed briefing on the nature of the contractual relationship of hotel and resort management contracts from the outset. We also review existing management contracts in circumstances where the aspirations of the parties have not been realized.
- Labor - We advise on all aspects of labor and benefits issues associated with operating in single and multiple jurisdictions.
- Intellectual property - We work with our intellectual property professionals to help protect the value of brands in structuring leases and joint venture agreements, and when you begin operations in new markets.
- Banking and finance - We assist with all aspects of capital raising – locally and internationally – including transaction structuring, due diligence, document preparation, vetting and registration.
- Real estate and development - We advise on development and construction, including land acquisition, preparation and negotiation of construction contracts and finance facilities and project management contracts.
- Technology and communications - With our IT/Communications lawyers, we help negotiate agreements for software, hardware and technology and communications services, for a single facility for your global network.
- Tax - We work with our Tax professionals to advise on ways to structure and plan transactions to minimize state, national and international tax exposure.
- Environment - With our Environmental lawyers, we help you understand and manage your risks and comply with environmental regulations that affect development and operation of your properties.
- Dispute resolution - We have lawyers who are experienced in handling complex disputes, including dissolutions, insolvency and workouts, environmental matters and construction and management disputes.
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