
- Hospitality Law
- Understanding the Rights and Responsibilities of Hotel Owners and Managers Involved in a Hotel Takeover
As Hyatt Corporation experienced last month in the Caribbean island of Curaçao, and hotel managers in general have been experiencing with increasing frequency, hotel owners have the unfettered power to terminate their managers for any reason or no reason at all - even if the management agreement between the parties states otherwise. This means that owners may “take over” their hotels by installing new management at any time before the stated term of the management agreement has expired. Understanding agency law is critical to the relationship between hotel owners and managers, because it impacts the rights and responsibilities of owners and managers during a hotel takeover. READ MORE