Hotel Agreements
According to the World Travel and Tourism Council Repot 2015, the travel and tourism industry contributed 14.9% to the Malaysia Gross Domestic Product. It is not surprising that there is a surge of interest in hotel building and hotel business in Malaysia in the recent years.
Hotel operatorsWe help building owners and hotel operators to negotiate and review hotel management agreements. If necessary, existing management agreement may need to be renegotiated or even be terminated.
Acquisition of hotel businessJust like any other business, hotel business can be bought and sold. However in the hospitality industry, acquisition and sale of hotel business has its unique angle. In the process of acquisition, we also help clients to deal with the operator, brand licensing, human resource issues and financing options.