Editorial Board   Guest Author

Mr. Shuster

Marc Stephen Shuster

Partner, Berger Singerman

Marc Stephen Shuster is a partner in the Miami office of Berger Singerman, Florida's business law firm. Mr. Shuster is a business attorney with extensive experience in commercial real estate transactions, both healthy and distressed, and corporate M&A deal work, with an emphasis on the hotel and hospitality industry. He advises both traditional hospitality conglomerates and Internet advertising sites serving the industry. He has extensive experience in serving as local counsel for international law firms on real estate issues, and in representing out-of-state funds and companies in their opportunistic acquisitions or sales of real property, as well as in working on Caribbean and other cross-border transactions, including representing clients involved in hotel, port, retail, restaurant, and marina development. Representative clients for whom Mr. Shuster has had extensive involvement include Starwood, P&M Management, and Royal Caribbean Cruise Lines. Mr. Shuster has represented Banco Inbursa in acquisitions and loans for development of resorts and hotels including the Four Seasons and the Gansevoort Hotel in Miami Beach. He has served as counsel to numerous international law firms, banks, and hedge funds in evaluating Florida issues pertaining to the acquisition and financing of hotel properties. Mr. Shuster is a former Director & Associate Counsel for Royal Caribbean Cruises. In the outside counsel role he now fulfills for the cruise line, he has represented Royal Caribbean in: a $200 million development of new cruise port in Falmouth, Jamaica. Acquiring development and long-term lease rights in St. Maarten port valued at over $50 million, and negotiating with ports of Galveston, Texas, Ketchikan, Alaska, Colon, Panama, Marseilles, France, and Cozumel, Mexico in connection with securing various preferential berthing rights He has also represented an international client in negotiating a $200 million transaction with Port Everglades County Government to deliver berthing of the world's largest passenger vessel. As a part of the transaction, Mr. Shuster negotiated the construction of a new, state-of-the-art 150,000 square foot terminal. In addition, he has served as counsel to a Florida-based emergency management/services conglomerate in negotiating for disaster relief work throughout the Caribbean. Mr. Shuster speaks and writes on novel issues affecting the hotel and hospitality space, serves on various community boards, and has been recognized with numerous awards and accolades, such as his recognition by Chambers & Partners USA (Real Estate), Super Lawyers, and the South Florida Business Journal. He was nominated by the Daily Business Review as one of three finalists for their 2013 Top Dealmakers of the Year Award. A summa cum laude graduate of The George Washington University, with a BA in Religion, Mr. Shuster earned his J.D., with honors, from the University of Florida.

Mr. Shuster can be contacted at 305-982-4080 or mshuster@bergersingerman.com

Coming up in May 2020...

Eco-Friendly Practices: Creative Innovation

Being eco-friendly is no longer a fad. It is an urgent planetary need and hotels are actively doing their part to reduce their carbon footprint by implementing sustainable, green practices. In addition to the goodwill derived from doing the right thing, hotels are also realizing the benefits to their business. A large percentage of Millennials expect hotels to be eco-friendly and will only patronize those properties that are proudly conforming. Consequently, more hotels are realizing that sustainability is a key element in a successful branding strategy. In addition, going green can lead to a more profitable bottom line, as savings on electricity, water and cleaning materials can add up. Also, there are other advantages that come with being an eco-friendly business, such as government subsidies and tax and loan incentives. As a result, many hotels are finding innovative ways to integrate eco-friendly practices into their business. Geo-thermal energy systems, along with energy-from-waste systems, are being used to heat and cool the property. Passive solar panels, green roofs, natural lighting and natural ventilation strategies also assist in energy conservation. Low-flow water systems and plumbing fixtures make a contribution, as does eco-friendly hardwood flooring, and energy efficient televisions and appliances throughout the property. In addition, some hotels have implemented in-room recycling programs, and only provide all-natural, personal care items. One hotel has actually constructed a bee-keeping operation on their grounds. Not only is this good for the bees but the hotel also produces products from the operation which they sell. This kind of creative innovation also holds enormous appeal to guests. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.