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HOTEL BUSINESS REVIEW

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Lisa Devlin

High profile events and trends in the last year have made customers planning future events at hotels nervous. Things like the "#MeToo" movement, the Las Vegas shootings, and political and economic volatility have led meeting planners to request new terms in their event contracts. Many of these new clauses, some of which are being recommended by meeting industry groups, are poorly drafted, don't solve the problem that they seek to address, and put the hotel at risk for claims or lost business. READ MORE

John Tess

In a marketplace that increasingly places a premium on authenticity and extraordinary, historic hotels offer a spectrum of event venues, from elegant to quirky, but typically unique. There is always a temptation to concentrate on operational efficiency and standardization in designing new space, and certainly, flawless service is a key to a successful event. But whether a grand dame hotel or an adapted vintage building, there is value in embracing the special places and unusual character of older buildings, capitalizing on historic architecture to create memorable venues – which in turn feed the bottom line. READ MORE

Arthur Tacchino

Despite confusing rhetoric from Capitol Hill, the Affordable Care Act (ACA) and its employer mandate is alive and well. Not only that, the IRS is serious about enforcing the mandate and is collecting penalties from employers for noncompliance. Many companies fall short of ACA compliance because they fail to accurately track full-time employees throughout the year. Constant turnover, variable-hour shifts, and seasonality make it increasingly difficult for hospitality businesses to track employees' hours. This article will cover the nuances of ACA reporting and how to stay on top of all the day-to-day change with shift workers. READ MORE

Robert J. O'Hara III

In the context of a hotel acquisition or new hotel construction, there are a myriad of issues that must be addressed, including a tangled web of permits and licenses that must be obtained prior to opening. Perhaps the most challenging license or permit that must be obtained is the liquor license. The difficulty, obstacles and puzzles that must be solved when obtaining a liquor license vary in complexity and intensity depending on the state in which the hotel is located, and in some cases depending further on which county and / or municipality within the state. It can be easy for outside transaction lawyers working on a hotel acquisition for the owner or management company client to overlook the difficulty and potential for delay that obtaining liquor licenses can present. READ MORE

Gerard Hickel

The contractual relationship between an owner and an operator is begins with the negotiation of the underlying management agreement. The tone and evolution of that owner/operator relationship will hinge upon the resolution of the most important issues arising during the negotiation of the management agreement, with the commercial terms establishing the foundation of the financial relationship, and the allocation of liability terms establishing the parameters of the risk relationship. Determining who is responsible for the consequences and liabilities of the hospitality business is, more often than not, the most heated and highly negotiated part of a management agreement. READ MORE

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