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RFP for Hotel Operator

Management Agreements are pivotal to hotel ownership and value. See the "Topic" of "Management Agreements" on www.HotelLawBlog.com. Important articles include:


How to get a great hotel operator - part 1

* Hotel management agreement & hotel operator fundamentals
* Why management agreements are so important to the value of your hotel
* The 5 biggest mistakes owners make in pursuing hotel management agreements (and how to avoid them)
* The hotel owner's best friend - the Hotel RFP

How to get a great hotel operator - part 2

* What is an RFP?
* What critical steps should be included in every RFP?
* How does the process work and what do the documents look like?
* Isn't there just some form we can see?

How to get a great hotel operator - part 3

* 5 Factors that determine what your RFP looks like. Is it just a notice to take bids? (NO!)
* How we can help you with your RFP
* Who does what?
* Why it is critical to mixed-use projects?
* The 16 Step Program -- steps to a successful RFP Process


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

Posted On: September 15, 2006 by Jim Butler

Hospitality Lawyer: Tentative Settlement with Unite Here in Monterey follows Chicago and San Francisco

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
15 September 2006

On September 15, 2006, Unite Here Local 483 reached a tentative agreement with Hyatt covering 485 workers at the Hyatt Regency Monterey and Park Hyatt at Carmel Highlands Inn according to Marie Vasari, writer for the Monterey County Herald. The proposed four year contract is expected to be ratified by rank and union members next Tuesday, September 19.

This resolution follows closely on the heels of the tentative deal reached in San Francisco between Unite Here Local 2 and 13 San Francisco hotels, and Locals 1 and 450 with various hotel chains in Chicago.

The Monterey accord means that the prospect of strike authorized on August 23 is effectively over for the Hyatt hotels, but union officials are now turning their focus on bargaining for workers at 10 other local hotels where contracts have expired, including the Quail Lodge.


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Our Perspective. We represent developers, owners and lenders. We have helped our clients as business and legal advisors on more than $50 billion of hotel transactions, involving more than 1,000 properties all over the world. For more information, please contact Jim Butler at jbutler@jmbm.com or 310.201.3526.

Jim Butler is one of the top hotel lawyers in the world. GOOGLE "hotel lawyer" or "hotel mixed-use" or "condo hotel lawyer" and you will see why.

Jim devotes 100% of his practice to hospitality, representing hotel owners, developers and lenders. Jim leads JMBM's Global Hospitality Group® - a team of 50 seasoned professionals with more than $50 billion of hotel transactional experience, involving more than 1,000 properties located around the globe.

Jim and his team are more than "just" great hotel lawyers. They are also hospitality consultants and business advisors. They are deal makers. They can help find the right operator or capital provider. They know who to call and how to reach them. They are a major gateway of hotel finance, facilitating the flow of capital with their legal skill, hospitality industry knowledge and ability to find the right "fit" for all parts of the capital stack. Because they are part of the very fabric of the hotel industry, they are able to help clients identify key business goals, assemble the right team, strategize the approach to optimize value and then get the deal done.

Jim is frequently quoted as an expert on hotel issues by national and industry publications such as The New York Times, The Wall Street Journal, Los Angeles Times, Forbes, BusinessWeek, and Hotel Business. A frequent author and speaker, Jim's books, articles and many expert panel presentations cover topics reflecting his practice, including hotel and hotel-mixed use investment and development, negotiating, re-negotiating or terminating hotel management agreements, acquisition and sale of hospitality properties, hotel finance, complex joint venture and entity structure matters, workouts, as well as many operating and strategic issues.

Jim Butler is a Founding Partner of Jeffer, Mangels, Butler & Marmaro LLP and he is Chairman of the firm's Global Hospitality Group®. If you would like to discuss any hospitality or condo hotel matters, Jim would like to hear from you. Contact him at jbutler@jmbm.com or 310.201.3526. For his views on current industry issues, visit www.HotelLawBlog.com.

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