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Hotels & Leisure

International

As an owner, investor, lender or operator in the hotels and leisure sector, you encounter complex business issues that require expert solutions. 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 39 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, ensuring you the best outcome.

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June 2019
CMS Ho­tels & Leis­ure Glob­al Bro­chure
At CMS, we un­der­stand the Hotel & Leis­ure busi­ness en­vir­on­ment. Our ex­per­i­ence cov­ers all as­pects of the in­dustry – we are there to guide you and help you grow and stay com­pet­it­ive in crowded mar­kets...
Spring/Summer 2019
Hos­pit­al­ity Mat­ters - Spring/Sum­mer 2019
CMS is de­lighted to provide you with the latest edi­tion of Hos­pit­al­ity Mat­ters, our bul­let­in for the ho­tels and leis­ure in­dustry. This pub­lic­a­tion ex­plores re­cent de­vel­op­ments in the ho­tels and leis­ure...
CMS Ex­pert Guides
Easy ac­cess to ex­pert ad­vice that’s rel­ev­ant to you

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14 January 2021
Belt and Road videocasts
Go to BRI homepage Wel­come to the CMS videocasts on Belt and Road The series ex­plores the top­ics that have been iden­ti­fied in our glob­al re­search study as be­ing top of mind for par­ti­cipants in BRI pro­jects...
13 November 2020
BRI - View from CEE
China’s Belt and Road ini­ti­at­ive has the po­ten­tial to help na­tions across Cent­ral and East­ern Europe meet their di­verse and grow­ing in­fra­struc­ture needs. Nearly every coun­try in the re­gion has signed a Belt and Road agree­ment with China, and most are on the trade routes that China plans to en­hance. But after ini­tial op­tim­ism the re­gion has lagged be­hind oth­ers in de­vel­op­ing Belt and Road pro­jects, with vari­ous polit­ic­al, eco­nom­ic and op­er­a­tion­al is­sues slow­ing pro­gress.The latest in a series of Belt and Road re­ports from CMS ex­am­ines the sen­ti­ment in the re­gion to­wards BRI, the chal­lenges that ex­ist, and the steps Belt and Road par­ti­cipants can take to achieve suc­cess. ht­tp://view.cer­os.com/cms-em­bed/bri-cee-sec­tor-high­lights/p/1750560left­fal­seTop­ics covered in the re­port in­clude:Belt and Road 2.0 – a more sus­tain­able ap­proach to de­vel­op­mentThe sec­tors at­tract­ing most in­terest among Belt and Road par­ti­cipant­sThe ef­fects of Cov­id-19 on Belt and Ro­ad­Mit­ig­at­ing Belt and Road risk and man­aging dis­pute­sAs well as look­ing at Belt and Road across CEE, we ex­am­ine at its im­pact to date in Ukraine and Rus­sia, and their po­ten­tial for fu­ture in­vest­ment.
02 October 2020
Belt and Road Ini­ti­at­ive
China’s Belt and Road Ini­ti­at­ive (BRI) con­tin­ues to evolve, of­fer­ing new op­por­tun­it­ies for na­tions, com­munit­ies and busi­nessesIt is now ex­pli­citly aligned with many areas that are in­creas­ing pri­or­it­ies for in­ter­na­tion­al busi­nesses, such as ESG prin­ciples and sus­tain­ab­il­ity. But in 2020 it faces un­pre­ced­en­ted head­winds, in­clud­ing the glob­al pan­dem­ic and trade dis­putes.As a lead­er in many Belt and Road sec­tors, CMS has polled and in­ter­viewed over 500 BRI par­ti­cipants around the world, about their cur­rent think­ing on BRI and the pro­spects they see for it. Our find­ings from China, Asia Pa­cific, Cent­ral and East­ern Europe, Middle East and North Africa re­gion are avail­able now.Re­ports on the Africa and Lat­in Amer­ica will be pub­lished in the com­ing months.me­di­um­me­di­um­me­di­um­me­di­um­me­di­um­me­di­um
02 October 2020
BRI - View from APAC
The Asia-Pa­cific re­gion (APAC) has seen ex­tens­ive Belt and Road (BRI) in­vest­ment already, and prom­ises much more.But our sur­vey of BRI par­ti­cipants in APAC re­veals un­ex­pec­ted levels of am­bi­val­ence about some as­pects of BRI pro­jects.Can these po­ten­tial dif­fi­culties be tackled in a way that will ad­dress con­cerns about is­sues such as trans­par­ency and sus­tain­ab­il­ity, and en­cour­age the great­er in­volve­ment of in­ter­na­tion­al busi­nesses that China hopes to see? And how are the un­pre­ced­en­ted prob­lems of 2020, in­clud­ing the glob­al pan­dem­ic and trade dis­putes, af­fect­ing the pro­spects of BRI?Our APAC re­port looks at is­sues in­clud­ing:Dif­fi­culties in BRI pro­jects ex­per­i­enced by APAC par­ti­cipants, and the po­ten­tial for resolv­ing these.The ef­fects of Cov­id-19 on BRI.Mit­ig­at­ing BRI risk and man­aging dis­putes.Po­ten­tial trends in the fin­an­cing of BRI pro­jects.The sec­tors at­tract­ing the most in­terest among BRI par­ti­cipants.The im­pact of BRI 2.0.
28 September 2020
GDPR En­force­ment Track­er Re­port
1st edi­tion 2020All EU Mem­ber States have been re­quired to ap­ply the Gen­er­al Data Pro­tec­tion Reg­u­la­tion ("GDPR", Reg­u­la­tion (EU) 2016/679) since 25 May 2018. After a cau­tious ini­tial peri­od, the EU data pro­tec­tion au­thor­it­ies ("DPA") have in­creased their fin­ing activ­ity sig­ni­fic­antly. This GDPR En­force­ment Track­er Re­port aims to provide you with valu­able in­sights in­to the fin­ing activ­it­ies of all EU DPAs un­der the GDPR, as well as the ICO's prac­tice in the United King­dom. Our ana­lys­is is based on the pub­licly avail­able data on fines that we col­lect and com­pile at www.en­force­ment­track­er.com. We in­tend to pub­lish an­nu­al edi­tions of this re­port, and we ex­pect that the rel­ev­ance of in­sights will stead­ily in­crease as more data on fines be­comes avail­able.Over­view, coun­try and sec­tor ap­proachIn search of guid­ance on how to op­tim­ise its own data pro­tec­tion strategy and pri­or­it­ise data pro­tec­tion meas­ures, a com­pany will nat­ur­ally want to look at its peers and the com­pet­ent au­thor­it­ies' prac­tice. This holds true both in terms of busi­ness sec­tors and jur­is­dic­tion. Kick­ing off with an over­all sum­mary on the ex­ist­ing fines ("Num­bers and Fig­ures"), we have cor­res­pond­ingly di­vided the fines in­to the fol­low­ing busi­ness sec­tors and con­sidered the re­spect­ive fines' ori­gins:Fin­ance, in­sur­ance and con­sultingAc­com­mod­a­tion and hos­pit­al­ity­Health careIn­dustry, com­merce and real es­tate­Media, tele­coms and broad­cast­ing­Pub­lic sec­tor­Trans­port­a­tion and en­ergy­In­di­vidu­als and private as­so­ci­ation­sEm­ploy­er­sY­our takeawaysThe in-depth ana­lys­is per­mits first con­clu­sions to be drawn as to which busi­ness sec­tors at­trac­ted par­tic­u­larly hefty fines. We have also ana­lysed the DPAs' reas­on­ings for the fines. These as­pects to­geth­er al­low us to provide you with key takeaways for each busi­ness sec­tor. Apart from the law­ful­ness of each data pro­cessing op­er­a­tion, bol­ster­ing data se­cur­ity should re­main in the spot­light for every or­gan­isa­tion. Lit­ig­a­tion in data pro­tec­tion is set to in­crease in the near fu­ture. Or­gan­isa­tions that main­tain up-to-date se­cur­ity meas­ures will be best pre­pared for the fu­ture and for po­ten­tial lit­ig­a­tion.
28 September 2020
BRI - View from China
The Belt and Road Ini­ti­at­ive (BRI) con­tin­ues to evolve. Its par­ti­cipants are in­creas­ingly look­ing to meet the trends of the fu­ture. Af­ford­able pro­jects, em­bra­cing mod­ern tech­no­lo­gies and meth­ods, as well the “open, green and clean” ap­proach of BRI 2.0, will of­ten be those that stand the greatest chance of suc­cess – a point un­der­lined by China’s re­cently an­nounced tar­get for car­bon neut­ral­ity and Pres­id­ent Xi Jin­ping’s call for a green re­cov­ery of the world eco­nomy.But how are the un­pre­ced­en­ted dif­fi­culties of 2020, in­clud­ing the glob­al pan­dem­ic and trade dis­putes, af­fect­ing the pro­spects of BRI?Wel­come to the first of a series of re­ports that as­sess the chal­lenges for BRI and the steps that BRI par­ti­cipants can take to achieve both suc­cess for them­selves and a pos­it­ive fu­ture for BRI. This re­port is in­ten­ded primar­ily for a Chinese read­er­ship and is there­fore avail­able in both Eng­lish and Chinese.The re­port ex­am­ines:Why Chinese par­ti­cipants in BRI are more gen­er­ally pos­it­ive about it than non-Chinese par­ti­cipants, and how this may be re­solved.The ef­fects of Cov­id-19 on BRI, and new en­thu­si­asm for the Health Silk Road.How to mit­ig­ate BRI risk and man­age dis­putes.Po­ten­tial trends in the fin­an­cing of BRI pro­jects.The im­pact of BRI 2.0.
31 July 2020
An­nu­al Re­view 2019 – 2020
We are liv­ing in tur­bu­lent times, char­ac­ter­ised by polit­ic­al, cli­mate and health crises. The most acute of these – the COV­ID-19 pan­dem­ic – has clearly shown how in­ter­con­nec­ted our eco­nom­ies are: travel, com­merce and sup­ply chains world­wide have been im­pacted. No in­di­vidu­al or busi­ness has re­mained totally un­af­fected by it.As a glob­al or­gan­isa­tion, with a pres­ence in key busi­ness hubs around the world, we are wit­ness­ing the im­pact of the pan­dem­ic firsthand. Our teams in Asia, Europe, Africa and Lat­in Amer­ica are help­ing cli­ents deal with this un­pre­ced­en­ted situ­ation. Un­fold­ing in dif­fer­ent in­tens­it­ies in dif­fer­ent parts of the world at dif­fer­ent times, our teams are in the for­tu­nate po­s­i­tion of be­ing able to con­nect with and learn from each oth­er. This en­ables us to sup­port our cli­ents in a mean­ing­ful way, listen­ing to and un­der­stand­ing their con­cerns and provid­ing them with busi­ness-rel­ev­ant ad­vice that draws on in­sights from our ex­perts world­wide.In this crisis, we, as a so­ci­ety, are at a cross­roads. What is cer­tain is that for in­di­vidu­als and busi­nesses (ours in­cluded) there will be no ‘back to busi­ness as usu­al’. Things need to (and will) change. How we shape the ‘new nor­mal’ is up to us. In this An­nu­al Re­view, we look at some key de­vel­op­ments that are in­creas­ingly im­pact­ing busi­ness suc­cess. Com­pan­ies need to take these in­to con­sid­er­a­tion when ad­apt­ing their op­er­a­tions to the new busi­ness en­vir­on­ment.The months ahead will be chal­len­ging for us all. Busi­nesses will need to think stra­tegic­ally and po­s­i­tion them­selves for suc­cess in the new nor­mal. We at CMS see it as our task to guide our cli­ents through this chan­ging busi­ness land­scape.Mat­thi­as Licht­blau (Ex­ec­ut­ive Dir­ect­or) Pierre-Sé­bas­tien Thill (Chair­man) Duncan We­st­on (Ex­ec­ut­ive Part­ner) CMS Ex­ec­ut­ive Team
1 July 2020
Sign­ing with e-sig­na­ture in CEE
Di­git­al­isa­tion af­fects all as­pects of a busi­ness’s op­er­a­tions, in­clud­ing con­tracts, in­tern­al doc­u­ment­a­tion and em­ploy­ment re­la­tion­ships. The COV­ID-19 pan­dem­ic has cre­ated the need for con­tact­less and...
31 March 2020
CMS Ex­pert Guide to COV­ID-19 im­pact on lease agree­ments
COV­ID-19 is dom­in­at­ing the glob­al news and af­fect­ing all areas of busi­ness life. For both land­lords and ten­ants, the ques­tion arises as to the im­pact of the COV­ID-19 pan­dem­ic on their lease re­la­tion­ships. Can...
26 March 2020
Out­look un­cer­tain for hotel in­vest­ment in CEE des­pite un­pre­ced­en­ted boom...
In the last five years (2015-2019) CEE has ex­per­i­enced EUR 4.2 bil­lion worth of trans­ac­tions – nearly half of the total hotel trans­ac­tion volume (EUR 9.4 bil­lion) achieved by the re­gion in the last...
18 March 2020
#1ex­pert1minute – CMS ex­perts on the im­pact of Cov­id-19
In our series #1ex­pert1minute, CMS ex­perts talk about the im­pact of COV­ID-19 on busi­ness and what busi­ness lead­ers should do at the mo­ment. Find the videos be­low.
5 March 2020
Nov­el coronavir­us and the hotel sec­tor
Glob­al tour­ism and hotel rev­en­ues are cur­rently be­ing severely af­fected as a res­ult of the out­break of the nov­el coronavir­us (Cov­id-19) in late 2019. Pro­tect­ing staff and guests The World Health Or­gan­iz­a­tion...