Hotel Development

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The New Hospitality Balancing Act: Leveraging Artificial Intelligence While Showing Care for Your Guests

by Fisher Phillips in Hotel Development, Lodging, Technology. Posted December 26, 2023

Hospitality is all about people: making them feel welcome, comfortable, and appreciated. Excellent guest experiences often center around attentive service and a personal touch. So what would happen if some of that human element were augmented by artificial intelligence – or replaced by it? Would it improve service, or make it feel robotic? In this ...

Franchise business concept , businessman hand choose wood blog with franchise marketing.

Franchise Law 101: FAQs

by Marisa Rauchway in Food & Beverage, Hotel Development, Legal. Posted December 21, 2023

1. What laws govern the franchise relationship? Franchising is governed by a complex set of federal and state franchise laws. On the federal level, the FTC requires – with limited exceptions – franchisors to provide a Franchise Disclosure Document (FDD) to those seeking to purchase and open a franchise anywhere in the United States. FDDs are ...

Trends in Workouts & Restructurings – A Hotel Case Study

by Manuel Bremont in Hotel Development, Lodging. Posted June 22, 2022

It has been evident that despite the significant challenges and hurdles faced by the lodgingindustry since the onset of the pandemic, the volume of hotel restructurings and workouts has beena far cry from the volume experienced during the Great Recession. Indeed, the factors contributingto each one of these significant events are completely different; one the ...

Ensuring Suite Dreams: Trademarks & Branding in Canada in the Hospitality Industry

by Cassels Brock in Hotel Development, Legal, Lodging. Posted June 10, 2021

Expanding a hospitality or restaurant chain into Canada is an attractive option for many international businesses. While Canada tends to share many key characteristics in the hospitality industry with the United States (e.g., skilled workforce and consumer demand for hospitality and restaurant businesses), there are certain important differences that require attention. Below is a discussion ...

Challenges With Hotel Staffing Contracts

by HospitalityLawyer.com in Food & Beverage, Hotel Development, Human Resources, Legal, Risk Management. Posted May 24, 2021

The following video features Stephen Barth, Founder of HospitalityLawyer.com®, and Andria Ryan, Partner of Fisher Phillips, having a discussion on hospitality staffing company contracts. Tune in to the conversation for insights on utilizing staffing agencies, staffing contracts, and the impact they can have on hotels or restaurants.

Branded Residence in Egypt Legal Framework

by Riad & Riad Law Firm in Hotel Development, Legal, Lodging. Posted June 16, 2020

Introduction Egypt’s real estate market has been witnessing a great development during the last few years. New types of investment are increasingly evolving; among them is the branded residence associated with rental pool arrangements. In this type of investment, a luxury brand name of a hotel is licensed for use on a residential development. The ...

Co-Working Spaces: Mitigating Litigation Risks While Encouraging Innovation

by Fisher Phillips in Hotel Development, Legal, Lodging. Posted December 5, 2019

Co-working spaces are quickly becoming the Uber equivalent to office space rentals for remote-work professionals. On Monday morning, log onto an app and reserve a cubicle space down the street at a price much cheaper than a short-term office lease. On Tuesday, welcome a new client into a reserved conference room at a different co-working ...

HVS 2019 Hotel Parking Survey

by Rodney Clough in Hotel Development. Posted November 9, 2019

Most hotels in urban centers profit considerably off of available parking capacity and, depending on the garage size and operational strategy of the hotel owner, garages can be significant value drivers. Our experience reflects that parking garages can operate with departmental profit as high as 40% to 50% if managed internally, or garages can be ...

What is the Uniform System of Accounts for the Lodging Industry? (Why does It Matter?)

by Kirby Payne in Hotel Development, Lodging. Posted August 20, 2019

The Uniform System of Accounts for the Lodging Industry (USALI) was first published by a committee of the Hotel Association of New York City (HANYC) in 1926. The committee was chaired by E. M. Statler the founder of Statler Hotels. Among the other eight Proprietary Committee members were the then owners of The Waldorf Astoria, ...

How to Add Value to Your Hotel Asset

by Carrie Russell in Hotel Development, Lodging. Posted June 27, 2019

At the most basic level, the value of a hotel is based on the property’s net income divided by a capitalization rate. As such, one has two possible levers to adjust as a means of increasing a property’s value: either increase the property’s net income or decrease the capitalization rate. The capitalization rate, which is ...