Hotel Development

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 ...

Techniques to Reduce Security Claims; Crime Prevention Through Environmental Design

by Daniel Loo in Hotel Development, Insurance & Loss Prevention, Risk Management, Safety & Security. Posted June 30, 2018

Crime Prevention Through Environmental Design (CPTED) emphasizes using the structures, spaces, lighting and people around an area to prevent crime and to increase loss prevention. Accomplishing this task is not an easy one; architects attempt to beautify, and engineers attempt to increase efficiency. While all stakeholders must be responsive to meeting the objectives of the ...

Hotel and Large Venue Security: An Evolving Threat Environment Requires Innovative Practices

by Steve Cocco in Hotel Development, Lodging, Risk Management, Safety & Security. Posted May 15, 2018

Much has been said and written of late with regard to the need to address hotel and large venue security, like sports stadiums, in the aftermath of the October 1, 2017 mass shooting in the vicinity of the Mandalay Bay hotel in Las Vegas. But six months after the attack, in which 58 people were ...