By Anthony Cavanaugh and Jiah Park (October 4, 2021, 5:39 p.m. EDT) – The global COVID-19 pandemic has hit the international hospitality industry particularly hard, resulting in forced shutdowns and a long, protracted recovery.
It is often the hotel owner who bears a disproportionate share of the economic risks of operating a hotel and, therefore, is particularly vulnerable to events such as the pandemic.
It is against this backdrop that hotel owners should take a close look at the agreements that govern the investment and operation of hotels to learn the lessons of the pandemic and protect themselves against such vulnerability in the future. For example, in the context of buying and selling hotel properties, the pandemic has highlighted issues that …
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
Create personalized alerts for specific case articles and topics and more!
