Course Description
This webinar covers essential aspects of hotel purchase and sale agreements, beginning with the letter of intent, due diligence process, and property evaluation. It examines the evaluation of hotel management and franchise agreements, including the complexities surrounding the retention or termination of these affiliations. The discussion also delves into the financing and structuring of hotel transactions, focusing on key provisions in purchase and sale agreements and closing contingencies. Additionally, the session addresses important regulatory considerations that must be navigated to ensure it covers key seller representations and warranties, and smooth execution in hotel transactions.
Syllabus
- Due diligence and property evaluation
- Seller representations and warranties in hotel purchase and sale agreements
- Evaluating hotel management and franchise agreements
- Retaining or terminating the hotel management/franchise affiliation
- Closing contingencies and key provisions in the purchase and sale agreement
- Addressing regulatory considerations in hotel transactions
- Letter of intent, financing and structural issues
- Key issues with employee retention and transitions, intellectual property and hidden lines and taxes