Tag Archives: gt_law

Nevada Gaming Regulators Begin Overseeing Las Vegas Nightclubs and Dayclubs

The nightclub and dayclub industry has become big business for casinos along the Las Vegas Strip. State gaming regulators are now requiring resort operators to take a more stringent approach in monitoring activity inside club venues. These new regulations came out of the 2015 Nevada Legislative session and were approved by the Nevada Gaming Commission. … Continue Reading

STR Making Changes

STR is making changes to the highly regarded and widely used STAR Report.  Those of us who spend time drafting, reviewing, negotiating, and understanding hotel management agreements know that an important element of a management agreement is the Performance Test, and that a critical element of the typical two pronged performance test is the RevPAR … Continue Reading

Case Law Update: Membership Deposit Refund Amendment Overturned

Verandah Development v. Gualtieri, Florida 2nd District Court of Appeals (February 17, 2016) http://law.justia.com/cases/florida/second-district-court-of-appeal/2016/2d15-2250.html This case provides insight to clubs with refundable memberships who want to amend a membership document provision related to refunds or resigned membership resale. The plaintiff member’s Membership Agreement provided that members who “resign their membership will be refunded their initiation … Continue Reading

Guest Privacy, Safety and Security

A jury’s decision to award sportscaster Erin Andrews $55 million as a result of a hotel’s failure to reasonably safeguard her privacy, safety and security is a forceful and important reminder to hotel owners and operators: A guest’s privacy and safety are paramount.  Certainly this jury saw it that way, and other juries might reach … Continue Reading

Collections Continue to Thrive

Owners of strong, unique independent hotels are finding that they can gain many of the advantages of an affiliation with a branded hotel management company without entering into a management contract and relinquishing control of the hotel.  This is indeed the case and much has been written about the many collections of hotels now available … Continue Reading

Competing Interests at Equity Club Turnover

Equity club developers and equity club members often view turnover and member due diligence completely differently. The typical developer position is: “The Club will be turned over to the members ‘where is, as is’ in accordance with the club documents.” The typical equity member view is: “We want to find out if there is any … Continue Reading

Franchise Agreement Transfer Provisions

The number of hotels, particularly limited service hotels, operating under franchise agreements has exploded in recent years, and this trend is expected to continue in the near term.  Franchise agreements, including those in the hospitality industry, are personal contracts for the benefit of the named franchisee only, and are further limited by the franchisee’s ownership … Continue Reading

Hospitality Sector Leads the Way

It is difficult, if not impossible, to miss all of the positive indicators pointing to a robust and exceedingly vibrant hospitality sector. Whether it is the acquisition, financing, construction or opening of a limited service hotel in a suburban location or a non-NFL city, or the awe inspiring deals like the sale of the Waldorf … Continue Reading

Considerations for the Boat Slip Sales Re-Emergence

The long dormant boat slip and storage unit sales market is re-emerging after years of dismal sales. Marinas such as Sunset Harbour Yacht Club in Miami Beach, which had long slip sell lists a few years ago, now have waiting lists to buy slips, according to Ginger Hornaday of AquaMarine Global Group. The Sun-Sentinel recently … Continue Reading
LexBlog