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Ray Iwamoto Charlie Menges Bill Weber

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Presentation on theme: "Ray Iwamoto Charlie Menges Bill Weber"— Presentation transcript:

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

2 FAULT LINES IN HOTELS

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

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

5 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

6 CONCLUSION


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