Legal Advice for Hotel Transactions, Operations, Development and Management
Since 1992, we have provided counsel to hotel owners and franchisors and franchisees of hotels.
Drawing on Richard Franzblau's experience as Assistant General Counsel to Prime Motor Inns, Inc./ Prime Hospitality Corp., a hotel operator and hotel developer, and Hospitality Franchise Systems, Inc. (now Cendant Inc.) a hotel franchisor, his expertise in the many areas of the lodging industry is invaluable to Hotel and Hospitality Industry clients.
Well versed in the highly Competitive Lodging Industry
We have participated in a wide range of hotel and hospitality industry transactions including:
- A variety of commercial real estate transactions
- Land Acquisitions
- Construction and development agreements for new hotel properties
- Management Agreement Negotiations
- Franchise Agreement Preparation and Negotiation
- Hotel property Finance
- Hotel Chain Acquisition and Sale
Efficient and Precise Implementation of Business Decisions
Hotel Finance, Restructuring and Workouts
We provide the legal perspective you need when you finance your hotel. We will take into account all aspects of the property for which financing is sought. If economic downturn requires restructuring of a loan or development of a workout agreement, we can help you find a solution that you can live with. We have helped our hotel clients with restructuring, litigation alternatives, bankruptcy strategies and foreclosure scenarios.
Hotel Franchise Agreements
We are available to counsel you in all aspects of starting a hotel business and hotel franchising, from review of the Uniform Franchise Offering Circular to negotiating a franchise or area development agreement. Our experience with hotel franchise agreements is extensive. Because we draft franchise agreements for hotels, time shares and vacation ownership resorts from scratch we can focusing on the unique requirements of each client. We can help you understand the importance or necessity of a particular franchise agreement clause - areas of protection, insurance, windows for termination - and help you negotiate for or against its details and inclusion.
Once you have entered a franchise agreement, whether we helped you with it or not, we can represent you in franchiser / franchisee disputes and in negotiations involving the termination of your franchise agreement.
Hotel Acquisition, Sale and Development
We have handled the purchase and sale of hotels and vacant land throughout the United States, including Florida, Illinois, Louisiana, Oregon, Texas and Virginia. We will be there to represent you from the negotiation of the purchase and sale agreement through the closing, including the preparation and review of loan documents, sales agreements, and the completion of title work.
In addition to assisting you with the real estate aspects of the transaction, we are available to provide counsel and representation regarding business operations, including construction finance and the drafting and negotiation of:
- Land acquisition agreements
- Declaration of rights and restrictions
- Construction contracts
- Design service contracts
Representative Hotel Construction and Development Experience
- We negotiated the acquisition of land in Portland, Oregon for the construction and development of the Howard Johnson Plaza-Hotel, as well as the development agreement for the property, a $10 million dollar transaction. Collateral transactions included negotiation of easements, review of title work and documents.
- We drafted loan agreements and documents for the construction and development of the Park Square Inn located in Lake Buena Vista, Florida.
Hotel Management and Operation
We provide counsel and representation in all business and commercial law aspects of hotel management and operations, from the negotiation of management agreements to employment matters. When negotiating your management agreements, we will focus on issues of termination and transferability, subordination of fees, treatment of accounts and remittances and conformity of the management agreement to loan document provisions. We negotiated numerous management agreements on behalf of Prime Motor Inns, Inc. and its affiliates and can use our broad experience on your behalf.
When you need counsel for matters involving the everyday operations of your hotel or resort- guest disputes, police matters, employment matters - we will put our years of experience in hotel business law to work in your favor. Additionally, we provide services related to nationwide sweepstakes, trademark and service mark infringement.
Hotel and Hospitality Industry Representative Clients
- Howard Johnson
- Days Inn
- Wellesley Inn and Suites
- Prime Motor Inns, Inc. / Prime Hospitality Corp.
- Hospitality Franchise Systems, Inc. (now Cendant Inc.)
Whether you are interested in hiring a Pennsylvania business lawyer to help you start a business; a franchise lawyer to assist your start up of a franchise system, we are here to assist you. Contact us today to learn more.