8 March 2013
JMBM’s Global Hospitality Group® announces publication of the How to Buy a Hotel Handbook.
The Global Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP (JMBM) today announced the release of the How to Buy a Hotel Handbook, third in the “We Wrote the Book™” series of handbooks published by the Group’s hotel lawyers.
Jim Butler is the Chairman of JMBM’s Global Hospitality Group®. The How to Buy a Hotel Handbook is based on the experience Jim’s team has gained from more than $87 billion of hotel transactions involving more than 1,300 hotels all over the world. The Handbook provides a detailed overview of the hotel acquisition process, a thorough due diligence checklist, and informative articles that address some of the most important questions that arise when buying or selling a hotel.
According to Butler, unless the parties to a hotel purchase and sale are continually executing purchase and sale transactions, and unless they have a depth of hotel-specific experience, they will be at a tremendous disadvantage throughout the acquisition process. “We wrote this book to educate hotel buyers and sellers as to the value of consulting early with top hotel professionals — when such counsel can provide maximum benefit,” he said.
Bjorn Hanson Ph.D. wrote the Foreword to the How to Buy a Hotel Handbook.
In the Foreword, Dr. Hanson writes:
There have been numerous books and articles about developing and purchasing hotels, but this handbook is unique because it presents an extraordinary amount of technical, legal and transaction structuring information based on the expertise and experience of professionals with specific arbitration, litigation, structuring, negotiating, transaction and risk management perspective.”
Dr. Hanson is divisional dean of the Preston Robert Tisch Center of Hospitality, Tourism and Sports Management at New York University.
Contributing authors
Synthesizing decades of industry experience, the contributing authors from JMBM include
Jim Butler
Robert Braun
Marta Fernandez
Catherine Holmes
Guy Maisnik
David Sudeck
And our sincerest thanks to Bruce Baltin, Senior Vice President of PKF Consulting for his significant contribution to the detailed overview of the hotel acquisition process, comprising the first article in the book.
Register and download your free copy NOW!
Register and download your free copy of the How to Buy a Hotel Handbook at the Resource Center on HotelLawyer.com.
JMBM’s “We Wrote the Book™” series
As experts in virtually everything where hotels and the law intersect, JMBM’s Global Hospitality Group® has published the “We Wrote the Book™” series, which includes:
- Lenders Handbook for Troubled Hotels
- The HMA Handbook — Hotel Management Agreements
for Owners, Developers, Investors and Lenders - How to Buy a Hotel Handbook
Find these and other free publications on the Resource Center at HotelLawyer.com.
This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer, signing off. We’ve done more than $87 billion of hotel transactions and have developed innovative solutions to help investors be successful in bidding for hotel acquisitions, and helping investors and lenders to unlock value from troubled hotel transactions. Who’s your hotel lawyer?
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Our Perspective. We represent hotel owners, developers, investors and lenders. We have helped our clients find business and legal solutions for more than $125 billion of hotel transactions, involving more than 4,700 properties all over the world. For more information, please contact Jim Butler at jbutler@jmbm.com or 310.201.3526.
Jim Butler is a founding partner of JMBM, and Chairman of its Global Hospitality Group® and Chinese Investment Group®. Jim is one of the top hospitality attorneys in the world. GOOGLE “hotel lawyer” and you will see why.
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.