18 Apr 2023
Special Considerations for Hotel Acquisitions
A hotel purchase and sale agreement must reflect the sale of an operating business which delivers daily services and amenities to guests. It also must account for operational concerns such as employee transitions, food and beverage operations, inventory turnover, and, oftentimes, franchise relationships. Check out these clauses that may be included in a hotel commercial real estate purchase and sale agreement.
Related Content
- Hotel Purchase and Sale Agreements
Study this practice note discussing key provisions of a hotel purchase and sale agreement and the documents typically included in a hotel acquisition and disposition, such as existing management agreements; franchise agreements; subordination, non-disturbance, and attornment agreements (SNDAs); technical services agreement; and all licenses and permits relating to hotel operations.
- Purchase and Sale Agreement (Hotel)
Use this hotel purchase and sale agreement template that can be tailored to suit your transaction.
- Hotel Acquisition Due Diligence Request List
Use this hotel acquisition due diligence request list for requesting diligence information from the seller.
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