Challenging Dated Language in Operating Agreements
The language in today’s hotel operating agreements creates a gap and falls short of aligning owners’ interests with operators’ performance.
Hotel operating agreements today fall short of aligning owners’ interests with operators’ performance. This gap is widening as the industry continues to rely on legacy contract lan...
Hotel Operating Agreements: The Modern-day Dinosaur
Hotel operating agreements have failed to keep pace with operating realities and industry landscape, creating misalignment between owners and operators.
Everyone loves a summer blockbuster, particularly one featuring dinosaurs (… and well, Chris Pratt too). While this story doesn’t include any A-list celebrities, it does revolve ar...
Jockeying for Profits: Owner Vs. Brand
Growing revenue at the property level requires an alignment of brand/operator interests with ownership objectives.
A headline from a recent investment report published by Baird Equity Research caught my eye: “Hotel brand stocks hit year-to-date highs, as hotel REITs make new lows.” The article ...
8 Pre-opening Priorities for Owners
Developing a hotel? Don’t leave home without this checklist of key issues that will ensure operational success.
In the aggregate, national hotel supply growth continues to trend at historically low levels. However, signs suggest an uptick in development might soon be on the horizon.
In...