Hotels
Maples Teesdale have specialist hotels counsel experienced in all aspects of hotels-related transactions and disputes.
We provide full commercial, property, planning, construction, property finance, property litigation, environmental, property tax and property-related corporate services.
We negotiate:
- asset sales and purchases of hotels, as well as M&A, corporate acquisitions and disposals where the target entity comprises hotels or other operational assets
- lettings, acting for landlords and hotel operator tenants
- management agreements, acting for owners, branded operators and unbranded white-label operators
- franchise agreements, acting for franchisors and franchisees
- the range of necessary ancillary contracts to the above – including technical services agreements, non-disturbance agreements, property owner agreements, trademarks licensing agreements, chain services contracts and many more
- financing facility agreements acting for lenders, owner investors, and hotelier borrowers
We specialise in:
- transactions involving hotels, serviced apartments, serviced residences, branded residences as part of a hotel’s inventory, restaurants and other f&b concepts
- leading negotiations of operational contracts for hotel and serviced apartment operations located all over the world: UK, East Africa, North West Europe, Middle East, the Americas – our last count was 27 countries
- assisting some of the biggest and most globally well-known names in the industry – hotel owners, operators, investors, funders, banks and other stakeholders, from all over the world
- dispute resolutions acting for landlords, tenants, owners, investors and operators
Relevant experience
- Fragrance Group – we advised Fragrance on the negotiation of franchise agreements (and land owner deeds) with Accor and management agreements with RBH for 3 Accor-branded UK hotels in the Fragrance hotels portfolio, with split propco-opco ownership.
- Salaam Properties Management EURL – we advised Salaam on the negotiation of management agreements for serviced apartments and hotels operated by a globally leading international operators for a properties in Djibouti, East Africa
- Bob W Technologies UK Limited – assistance with HMA negotiations and provision of pro-forma contracts for client’s internal onward use
- ICVC (fund managed by BMO Real Estate) – Forward commitment on a Travelodge hotel and Starbucks drive-thru development in Bury St Edmunds for £9.5m. The 80-bedroom hotel, was let to Travelodge on a 25-year lease and the site also includes a 1,800 sq ft drive-thru Starbucks. Following the pandemic and Travelodge’s CVA, BMO took back the Travelodge lease and the hotel was converted into a Premier Inn on a 30 year lease.
- Interglobe Hotels – advising Interglobe on the redevelopment of Hotel George, Kensington
Whilst you are here, please click though to our Hospitality, hotels & leisure page to look at the ways we assist our occupier clients in the food, beverage and leisure spaces and maximise the values of their occupied leasehold properties.