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Thomas Page

Thomas Page

Head of the CMS Hotels & Leisure Group

CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
United Kingdom
Languages English

Thomas Page is Head of the CMS Hotels & Leisure Group. In this position, he leads an international team of over 100 specialists.

With experience across Europe, Middle East, South East Asia and Africa, Tom advises a range of international clients, including investors, developers, operators, fund managers and banks on corporate transactions such as M&A, joint ventures and corporate finance, in the hotels, leisure, real estate and technology sectors.

As developers, investors and banks need specialist advice on hotel management agreements with operators, he has developed a particular expertise in this area, publishing “The Little Blue Book Guide to Hotel Management Agreements”.

Operators have asked him to advise on their standard form management agreements. Tom is recognised as a leading expert in the hotels sector, regularly speaks at international industry events and is on the Advisory Board of the International Hotel Investment Forum and the Investment Committee of Global Hotel Network.

He is a top ranked individual for Hotels & Leisure by legal directory Chambers and recommended as a Leading Individual by Legal 500. He leads a team that is top ranked by both publications.

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Top ranked individual. “Highly regarded for his expertise in the hotel sector and praised for his commercial approach”

Chambers, 2015

Top ranked individual. “Extremely knowledgeable in his field”

Chambers, 2016

Hospitality 250 Leading Individual in the global hotel industry

Hospitality Channel

Relevant experience

  • Oaktree Capital on the acquisition, joint venture, financing and subsequent disposal of the Hilton Wembley Hotel, London.
  • Limulus, advised by the Deerbrook Group, on the GBP 150m acquisition of the Ace Hotel Shoreditch, London from Starwood Capital (Winner, Hot.E Single Asset Deal of the Year 2015).
  • Sunrider International on the GBP 184m acquisition of St Ermins Hotel London, an Autograph Collection Hotel (Runner-up, Hot.E Single Asset Deal of the Year 2015).
  • Algonquin on the joint venture and asset management arrangements with Benson Elliot and Walton Street Capital for the EUR 420m acquisition of seven European hotels from Host Hotels and Resorts
  • Fawkes Holdings and Ernst & Young as administrators on the sale of 42 UK Marriott Hotels.
  • Calton Hill LLP on the hotel management agreement with Rosewood for the proposed Rosewood, Edinburgh Hotel at the Old Royal High School, Edinburgh
  • Battersea Power Station on the art’otel hotel management agreement with PPHE Group
  • RREEF on its disposal of interests in seven retail projects in Germany, Spain, France, Italy and Belgium to Hammerson plc.
  • Quinn Property Holdings on the separate sales of the Cambridge Crowne Plaza hotel, the Sheraton Krakow Hotel, Poland and the Hilton Sofia Hotel, Romania.
  • Corinthia, Malmaison and CitizenM and other operators on their standard form hotel management agreements.
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  • 1996 – LPC, College of Law
  • 1995 – MA(Hons) Law, Clare College, Cambridge 
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  • Investment Committee, Global Hotel Network
  • Member, Leisure Property Forum
  • Member, Hotel Property Network
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An­nu­al Re­view 2018 – 2019
The rise of the new lux­ury eco­nomy
Travel has al­ways played host to dra­mat­ic and of­ten dis­rupt­ive changes. At CMS’s an­nu­al tech­no­logy con­fer­ence, In­nov­ate to Sur­vive, onefinestay’s CEO, Javi­er Ce­dillo-Es­pin de­livered a key­note, sum­mar­ised in this art­icle.
Spring/Summer 2019
Hos­pit­al­ity Mat­ters - Spring/Sum­mer 2019
Cur­rent top­ics in the hotel in­dustry
CMA an­nounces new EU-wide pro­ject to mon­it­or on­line hotel book­ing...
On 13 Ju­ly 2016, the Com­pet­i­tion and Mar­kets Au­thor­ity (CMA) an­nounced the launch of a pro­ject to mon­it­or how changes to room pri­cing terms, in­tro­duced largely as a res­ult of its re­cent en­force­ment activ­ity, are af­fect­ing the on­line hotel book­ing sec­tor.
Autumn/Winter 2018
Hos­pit­al­ity Mat­ters - Au­tumn/Winter 2018
Cur­rent top­ics in the hotel in­dustry
ECM Mar­ket Re­view June 2018
July 2018
Find­ing the bal­ance: hu­man touch versus high tech
Mil­len­ni­als and the fu­ture of the hotel and res­taur­ant...
Autumn 2017
Hos­pit­al­ity Mat­ters - Au­tumn/Winter 2017
Cur­rent top­ics in the hotel in­dustry
Spring 2017
Hos­pit­al­ity Mat­ters - Spring 2017
Cur­rent top­ics in the hotel in­dustry
Spring 2016
Hos­pit­al­ity Mat­ters - Spring 2016
Cur­rent top­ics in the hotel in­dustry
Mar­ri­ott In­ter­na­tion­al’s sur­prise an­nounce­ment of $12.2bn...
CMS ad­vises Al­gon­quin on €420 mil­lion hotel port­fo­lio...