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Hotels & Leisure

Austria

As an owner, investor, lender or operator in the hotels and leisure sector, you encounter complex business issues. In addition to managing real estate assets, your issues may include corporate, tax, financing, construction, environment, litigation and employment matters, often across borders. With over 100 specialists in 42 countries, we can advise you on M&A, financing, development & construction, leases, management and franchise agreements and tax structuring. In addition to our core client base of investors and lenders, we also advise operators, brand owners, administrators, construction companies and technology providers.

CMS lawyers lead strategically in the sector, advising the top investors, funds and lenders in the market. We consistently advise on more transactions in this sector in Europe than any other law firm. This means you get access to the latest information, ideas and opportunities.

We can introduce you to other sector players, including operators, purchasers, vendors, construction firms, financiers and investors. Such contacts can prove invaluable to your business. If you are involved in a distressed situation, our real estate restructuring lawyers can help sell your hotel or leisure asset out of insolvency. In the event of a dispute, our industry experts can guide you through the litigation process.

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27/05/2020
Get fin­an­cial sup­port from the state
Loss in in­come un­der the Aus­tri­an Epi­dem­ics Act Many com­pan­ies com­plain that the emer­gency aid from hard­ship funds, short-time work and bridging loans is too low, comes too late and is as­so­ci­ated with...
13 February 2018
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...
03/04/2020
Ho­tels and COV­ID-19
The CMS Vi­enna hotel ex­pert, Gregor Famira, to­geth­er with his col­leagues, has col­lec­ted in­form­a­tion on the most im­port­ant COV­ID-19 is­sues for hotel op­er­at­ors: •    La­bour law •    Lease law/ten­ancy...
20/03/2020
COV­ID-19 - Waiv­ing the ob­lig­a­tion to pay rent?
1. gen­er­al in­form­a­tion on the can­cel­la­tion of the ob­lig­a­tion to pay rent Ac­cord­ing to § 1104 of the Aus­tri­an Civil Code (Allge­meines Bür­ger­liches Ge­set­zbuch, "ABGB"), the ob­lig­a­tion to pay in­terest...
19 February 2020
Es­tab­lish­ing nurs­ing care fa­cil­it­ies in Aus­tria and SEE: new CMS guide...
Europe's pop­u­la­tion is age­ing dra­mat­ic­ally. This de­vel­op­ment has - for quite some time now - not been af­fect­ing only West­ern Europe but South­east Europe as well. As a res­ult, the de­mand for re­tire­ment...
16 August 2019
Not just a logo on a t-shirt - spon­sor­ing es­ports
Es­ports spon­sor­ship agree­ments have all the hall­marks of tra­di­tion­al sports busi­ness deals. Rights hold­ers – wheth­er play­ers, teams, tour­na­ment or­gan­isers or games pub­lish­ers – and spon­sors face the...
13/08/2018
30% of Hotel and Res­taur­ant rev­en­ue now comes from the mil­len­ni­al gen­er­a­tion
30% of Hotel and Res­taur­ant rev­en­ue now comes from the mil­len­ni­al gen­er­a­tion The key find­ings of the CMS re­port “Find­ing the Bal­ance: Hu­man touch vs High Tech”: 13% of mil­len­ni­al in­come is spent on...
July 2018
Find­ing the bal­ance: hu­man touch versus high tech
Ho­tels and res­taur­ants are in­creas­ingly ex­pec­ted to de­liv­er a new and dif­fer­ent ex­per­i­ence; one that leaves a last­ing memory, dis­tin­guishes them from their com­pet­it­ors and em­braces not just tech­no­logy...
28/03/2018
CMS ad­vises Hirmer Group on suc­cess­ful ac­quis­i­tion of Travel Charme Ho­tels...
The Hirmer Group has ac­quired Travel Charme Ho­tels & Re­sorts, one the lead­ing re­sort and hol­i­day hotel chains in Ger­many and Aus­tria. The trans­ac­tion sees the Mu­nich-based fam­ily-owned busi­ness ex­tend­ing...
01/01/2018
Five-Star ad­vice
Run­ning ho­tels and leis­ure fa­cil­it­ies as well as pur­chas­ing or selling such as­sets can raise a host of com­plex leg­al ques­tions. Truly sound ad­vice in this field not only needs to cov­er is­sues of real...
19/09/2016
CMS and DLA Piper Ad­vise Er­ste Group Im­mor­ent on the Sale of a Croa­tian...
The five-star hotel and apart­ment com­plex Ra­dis­son Blu Re­sort & Spa, Dubrovnik Sun Gar­dens is one of the largest ho­tels in Croa­tia. The seller in what is the largest hotel trans­ac­tion in CEE this year...