

With the constant flow of hotel acquisitions and investments, global conglomerates, private equity funds, and venture capitalists regularly find themselves navigating alcohol beverage laws and regulations enacted from a bygone era and drafted in response to societal abuses and evils at that time. Alcohol beverage tied-house laws serve to prevent manufacturers and distributors from holding interests in or exercising control over retailers and prevent cross-ownership or investment in different tiers in the alcohol beverage industry. While some may question their relevancy today, "tied-house laws" separating the three tiers of the industry remain a legal hurdle to acquisitions of, or investments in, hotel businesses to be reckoned with. READ MORE