03.Nov.2008 Hotel Law: Thinking about Buying an Island or Remote Resort?
After a relatively quiet 10 months in hotel and resort property deals, Baker & McKenzie’s global hotels team is starting to see an upturn in activity. Whether this new transaction flow reflects balance sheet driven disposals, or opportunistic buyers taking advantage of price reductions (or corrections), it is a certainty that buyers and their lenders operating in the hotel and resort industry will be more cautious in the way they conduct transactions.