Ray Iwamoto Charlie Menges Bill Weber

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Presentation transcript:

Ray Iwamoto Charlie Menges Bill Weber FAULT LINES IN HOTELS Ray Iwamoto Charlie Menges Bill Weber

FAULT LINES IN HOTELS

OWNER, MANAGER AND LENDER RELATIONS Manager Performance Tests Maintenance of Manager Brand Standards Termination of Management Agreement on Sale

STRADDLING CONTRACT AND AGENCY LAW Termination Disputes Contract Law Principal and Agency Law Power v. Right to Terminate

FINANCING ISSUES Fundamental Differences between Hotel and Other Asset Classes Franchise Agreement and Comfort Letters Management Agreements and SNDA’s Loan Documentation Issues Ownership Transition Issues

CONCLUSION