A Quiet Revolution

In this article for the Westminster and Holborn Law Society, Joanne McIvor discusses the quiet revolution that seems to be taking place in the real estate sector.

There seems to be a quiet revolution taking place in the real estate sector. For many years, hotel operators have leveraged off their reputation and have monetised their branding. In the hotel sector, to be a successful hotelier you need to be first class at running hotels but you do not necessarily have to own or even have a long lease of the underlying hotel real estate asset. A welldrawn management agreement will usually provide adequate security and the mutual financial benefit sought by the owner of the property and the operator.

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