Under the agreement, Ovolo retains brand and operational control of the hotels whilst exclusively partnering with Wyndham for distribution and to pursue franchised growth opportunities throughout the Asia Pacific region.
The short and medium stay apartments are already operational with a valid license.
In a first-of-its kind ruling, an ICSID ad hoc committee has annulled an investment treaty arbitration award issued under Rule 41(5), which allows expedited dismissal of claims that manifestly lack legal merit. We examine the rulings and consider the implications for the hotel and hospitality sector at large.
The HICAP Deal of the Year Awards highlight the most dynamic deals and developments and honour the ongoing achievements of the industry’s leaders.
With the Covid-related restrictions of the last fifteen months easing for many in the hotel and hospitality industry, we consider whether any of the existing stress will turn into distress?
The pandemic has outlined some of the current inequalities within the hotel and hospitality industry – namely the risk and reward balance between investors and owners – and the need for transparency and experience.
Alex Slade was a trainee at the firm from 1999 to 2001. He is now General Counsel of Arena Racing Company (ARC) which owns and operates 16 racecourses and four greyhound tracks in the UK as well as several hotels and golf courses.
This article considers which pandemic-induced changes are here to stay as investors took the opportunity to examine the operations of their assets and their participation in the sector.
This article explores the outlook for M&A in the hotel sector, as it lined up to be the fastest-recovering of the real estate segments.
In a feature article for EG, Barry Hembling discusses the recent changes to the quarantine measures put in place by the UK Government and the measures travellers should take.
