This edition of the Baker & McKenzie's Hotels, Resorts & Tourism Newsletter focuses on Non Disturbance Agreements and the issues that account for their complexity.
This edition of the Baker & McKenzie's Hotels, Resorts and Tourism Newsletter focuses on novation of rights and obligations under a hotel management agreement.
In this newsletter, we review a decision of the Queensland Court of Appeal regarding the sale of the Hamilton Island hideaway owned by the estate of the former Beatles member, Mr George Harrison.
Baker & McKenzie's Hotels, Resorts and Tourism lawyers have collaborated with The Registry Collection, RCIs high-end exchange network, Ragatz Associates and Bergent Research to prepare the Australia and New Zealand Fractional Industry Report 2010.
In this article, we explore currently available performance tests in hotel management agreements, identify the most significant defects in these tests, outline the only viable alternative that is currently considered, without cause termination clauses, and offer an alternative approach to solving these issues, via expert determination.
Lower occupancy and rates and more competitive building contractor prices may lead some hotel owners and operators to take the opportunity to refurbish and reposition their hotels. In negotiating contracts, hotel owners and asset managers should take account of the risk of builder insolvency and its potential disruptive impact on the time, cost and quality of time-critical refurbishment projects