Hospitality
We have handled several high profile transactions in the hospitality sector on various occasions, for our clientele. The business of hospitality is a unique one it not only needs a legal mind but also requires a deep understanding of the ground realities of the business.
The foundation of entering the hospitality sector has two main facets. The first is the planning, development and construction of the hotel. The second is the management and operations of the hotel. The business of hospitality begins with a Real Estate transaction followed by the management and operation aspect.
This sector requires:
- Letter of Intent;
- Brand License Agreement and Royalty Agreement;
- Technical Services Agreement (pre-commencement agreement and post commencement agreement);
- Hotel Management and Operation Agreement.
This sector also intersects with other areas of law like intellectual property, financing, labour, taxation, dispute resolution and real estate. We have successfully managed the needs of various industry-leading clients in this sector along with their varied legal requirements.