Articles on Arbitration in Dubai & UAE, Banking, UAE Criminal Law & Extradition, Dubai Property Law, Trademarks and IP, Aviation by Hospitality Lawyers in Dubai – STA
Sourced through Scoop.it from: www.stalawfirm.com
Negotiating HMAs in Dubai and the UAE
As the owner of land and hotel building, you decide to appoint an operator. Of all the operators, you decided to appoint JKL who have decades of experience in operating hotels globally.
What should you consider while negotiating your hotel management agreement? What kind of exclusivity should be granted? How should the payment of revenue share to operator be structured? Should feasibility studies be undertaken? What happens if the hotel goes under maintenance? What about your employees? More? Continue reading