In an article published on Feb. 24, 2015, Jill R. Johnson discusses some of the top issues to watch for when negotiating hotel lease agreements. “Hotel operator tenants must be careful when negotiating lease agreements, because property owners and leasing operators have different goals arising out of the relationship,” Johnson explains. Some of the most problematic lease provisions from a hotel operator’s perspective relate to expansion and construction, capital expenditures and repairs, furniture and other equipment, and insurance products. While it can be tedious, it is important for hotel operators to assess these issues on the front-end of a lease agreement. For more information, please see the full article here.
- News & Analysis