Whether your needs are local or international, our global team is optimally placed to provide you with a seamless service in this ever-changing market.
Our clients include industry-leading owners, investors, operators, and developers across a variety of hospitality asset classes, including hotels and resorts; restaurants and bars; golf courses; theme/amusement parks; caravan/trailer parks; marinas; music, theatre, and sports venues. We help them achieve success in their acquisition and development projects across the globe, from single plots to complex mixed-use projects.
We are highly capable at helping clients handle:
- Commercial contracts
- Construction financing
- Development risks
- ESG
- Management agreements and operational issues
- Property sales and purchases
- Real estate holding companies, partnerships and trusts
- Strategic decisions and project evaluations
- Tax planning
- Transactions in foreign countries
We solve problems such as pre-letting and agreements for lease; options; coverage arrangements; conditional contracts; planning promotion agreements; planning and highways agreements; procurement; forward sales, and geared leasing.
Our cross-disciplinary team brings together all the competencies players in the hospitality industry require, including real estate transactions, development, M&A, contractor relations, labor and employment, regulations, new technology, sustainability, changing market conditions, and more.
The COVID pandemic’s slowing effect includes a drop-off in business travel. High inflation and interest rates are denting occupancy rates. In response, the industry is considering new strategies for capturing demand, shifting toward on-line and contactless hospitality environments.
The Reed Smith team understands the importance of these and other trends and will find strategies to maximize your opportunities and make the most of the current business climate.
