January 1, 2000

Workouts, Bankruptcies & Receiverships - Hotel bankruptcies, restructurings, workouts, turnarounds, receiverships and opportunistic investments

by the JMBM Global Hospitality Group®

For the most recent update on this topic, click here

Hotel receiverships, bankruptcies, restructurings, workouts, turnarounds and opportunistic investment

Restructuring distressed hotels . . . hotel debt . . . and workouts of troubled hotel loans for profit opportunities now. Hotel lawyers on hotel turnarounds, workouts, restructurings, bankruptcies and opportunistic investment.

Hotel bankruptcy? Distressed hotel loan mortgage? Restructuring hotel debt? Troubled hotel asset? Investing in bankrupt hotels or distressed debt?

CONTINUE READING

January 1, 2000

Hotel Management Agreements

by the JMBM Global Hospitality Group®

For the most recent update on this topic, click here

Keywords:

Hotel Operating Agreement, HOA, Hotel Management Agreement, HMA, Hotel Management Contract, Management Contract. Hotel Operator, Hotel Manager, Hotel Owner. RFP for Hotel Manager. RFP for Hotel Operator, How to get a great hotel operator.

Terminology

Contracts between hotel owners and managers (or operators) controlling the management of a hotel go by various names. They are called hotel management agreements, HMAs, hotel management contracts or hotel operating agreements. For convenient reference, this article will generally use the term "Hotel Management Agreement" or "HMA." However all these terms can be used interchangeably and mean the same thing, just as with hotel operator or hotel manager.

Whatever they are called, Hotel Management Agreements allocate risk between the hotel manager and the hotel owner. They are critical in determining the profitability and value of a hotel.

How to get a great hotel operator

Terminating Hotel Management Agreements &

Negotiating Hotel Management Agreements

How do I get a good hotel operator and a good hotel management agreement?

How do I get a good hotel brand and good hotel franchise or license agreement?

How can I terminate a bad hotel management agreement? Terminating a hotel management agreement.

What are important hotel management agreement terms?

  • Hotel management agreement resources at JMBM

  • Hotel Management Agreements. How to get a great hotel operator:
    • part 1 -- Hotel management agreement fundamentals, The biggest mistakes hotel owners make in pursuing hotel management agreements (and how to avoid them), and why you want an RFP to get your hotel operator.
    • part 2 -- What is an RFP for a hotel operator or brand? What critical steps should be included in every RFP? How does the process work and what do the documents look like?
    • part 3 -- 5 Factors that determine what your RFP looks like. 16 Steps to a successful RFP Process

    The 5 questions every owner should ask BEFORE selecting a hotel brand


    Hotel Management Agreements 201 -- Indemnification Provisions


    How to terminate a hotel management agreement when an operator really deserves it!


    Hospitality Lawyer: Hotel Management Agreements: SNDAs or Subordination Agreements


    Helping Owners Strike a Fair Deal: 5 Milestones Marking The Road To Success For Hotel Management Agreements


    Hotel Lawyer: Ritz-Carlton breached contractual and fiduciary duties under hotel management agreement giving rise to free termination, $10.3 million in damages plus attorneys fees. When will hotel operators "get it"?


    Hospitality Lawyer on "LIFESTYLE" hotel mixed-use development. Are Valencia and Miraval the new paradigms for "lifestyle" hotel mixed-use?


    Hospitality Lawyer on hotel brands -- How far will the pendulum swing? What's in a name? Just ask Starwood, Hilton . . . Coca-Cola or Procter & Gamble


    Hospitality Lawyer Baja Mexico -- So what's a brand? How did Trump get into this conversation?


    Troubled Hotel Loan Solution -- JMBM's SAVE® Program


    Hotel receiverships, bankruptcies and restructurings for distressed hotels and hotel loans: Helping BORROWERS create value with distressed hotels to accomplish their objectives in the middle of The Great Recession of 2008


    Terminating hotel management agreements when things don't work? Not easy, but not impossible either.



  • This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer. Please contact me at Jim Butler at jbutler@jmbm.com or 310.201.3526.


    January 1, 2000

    Timeshare

    by the JMBM Global Hospitality Group®

    Timeshare lawyer advisory for timeshare developers, owners and operators. Impact of new ADA rules on your timeshare project.

    Hotel and Timeshare Lawyer insights on special implications of "the downturn" for Vacation Ownership

    Vacation Ownership Properties 101: What are they? How do they work? How are they regulated?

    Hotel and Timeshare Lawyer -- 3 Keys to Survival for Vacation Ownership Developers as the Financial Crisis bites deeper

    Hotel & Timeshare Lawyer: Does the timeshare exit strategy or repositioning your property create ADA problems?

    January 1, 2000

    Meet the Money 2009 - Jewels and Insights

    by the JMBM Global Hospitality Group®

    For the most recent update on this topic, click here

    Hospitality Lawyers present JEWELS from Meet the Money® 2009 -- the "best ever" hotel conference

    Hospitality Lawyer Insights series from Meet the Money® 2009

    January 1, 2000

    Hotel Industry Trends

    by the JMBM Global Hospitality Group®

    Hotel Lawyers in Phoenix: What happened at the Phoenix lodging conference? Can we find a Black Swan?

    New CMBS rule insights from Hotel Lawyer -- effective immediately. Panacea or placebo?

    The Hotel Owner's and Hotel Lender's Dilemma: Sell now or sell later? How long does it take to market a hotel today?

    Hotel Lawyer: Does "End of the Recession" mean "Recovery"? Not for luxury hotels!

    Hospitality Lawyer: The "amazing relationship" between GDP and hotel room demand. When the recovery comes, what will it look like for the hotel industry?

    Hospitality Lawyers: Conditions for hotel industry "RESET" may be coming into alignment

    Hospitality Lawyer: PKF says 2009 worst year in lodging history. Robust recovery likely but years away

    January 1, 2000

    Featured Articles

    by the JMBM Global Hospitality Group®

    For the most recent update on this topic, click here

    Hotel Lawyers -- featured subjects and articles


    Meet the Money® 2013


    ADA defense and compliance


    EB-5 financing


    Workouts, bankruptcies & receiverships


    Hotel Management Agreements


    Hotel Franchise & License Agreements


    Hotel industry trends


    This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer. Please contact me at Jim Butler at jbutler@jmbm.com or 310.201.3526.