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Hotels & Leisure

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.

25/07/2019
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...
05/06/2019
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...
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03/2022
Ex­perts in Gambling Law
The gambling in­dustry is con­stantly in a state of change. While reg­u­lat­ory lib­er­al­isa­tion is cre­at­ing new op­por­tun­it­ies in some jur­is­dic­tions, tight­en­ing le­gis­la­tion is clos­ing down av­en­ues in oth­ers...
25/08/2021
CMS Real Es­tate Glob­al Bro­chure
Glob­al­isa­tion, polit­ic­al tur­bu­lence, changes in urb­an liv­ing pat­terns, in­creased di­git­isa­tion, shift­ing con­sumer be­ha­viour and flex­ible work­ing are just some of the is­sues that are trans­form­ing the de­mands...
21/09/2021
Mind the gap - Mak­ing equal pay a real­ity
This year, 18 Septem­ber is UN Equal Pay Day. This is the day on which wo­men ef­fect­ively stop earn­ing be­cause of the 23% glob­al dis­par­ity in pay between men and wo­men.To mark this event, we warmly in­vite...
07/07/2021
CMS Ex­pert Guide to travel re­stric­tions for non-EU cit­izens
With the European Uni­on plan­ning to cre­ate vac­cin­a­tion pass­ports, which would en­able EU cit­izens em­bark­ing on busi­ness or tour­ist travel with­in the EU to prove their vac­cin­a­tion status, the ques­tion arises:...
16/06/2021
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...
27/05/2021
GDPR En­force­ment Track­er Re­port
When the GDPR was already in force, but not yet ap­plic­able (and not a single fine had been im­posed yet), much at­ten­tion was paid to the for­mid­able fine frame­work. For many com­pany of­ficers, this caused fear: if I vi­ol­ate the GDPR, I have one foot in jail (or at least my or­gan­isa­tion has to pay EUR 20 mil­lion or 4% of its glob­al an­nu­al turnover, cal­cu­lated for the whole group, if the com­pany is part of one).We be­lieve that facts are bet­ter than fear.The con­tinu­ously up­dated list of pub­licly known GDPR fines in the GDPR En­force­ment Track­er is our 24/7 rem­edy against fear, while the an­nu­al En­force­ment Track­er Re­port is our deep dive and per­mits more in­sights in­to the world of GDPR fines. We are pleased that our ana­lys­is for this second edi­tion of the ET Re­port is based on a lar­ger over­all data set of more than 570 fine cases, 526 of which made it in­to the ed­it­or­i­al team's work­sheet.More in­ter­na­tion­al­We are even more pleased that more in­ter­na­tion­al col­leagues sup­por­ted us this time and provided de­tailed in­put on en­force­ment prac­tice, in par­tic­u­lar for EU mem­ber states in the new mem­ber state in­ter­views (Ed­it­or­'s note: the United King­dom re­mains part of the En­force­ment Track­er Re­port and the En­force­ment Track­er as the UK Gen­er­al Data Pro­tec­tion Reg­u­la­tion en­sures reg­u­lat­ory con­sist­ency re­gard­less of Brexit).Loc­al law and prac­tice mat­ter­After al­most three years of GDPR ap­plic­a­tion, we are not the only ones to have learned one thing: des­pite the GDPR's full har­mon­isa­tion ap­proach, hardly any oth­er area is shaped more by na­tion­al laws and of­fi­cial prac­tice than GDPR fines. This may be a reas­on why Spain still tops the list of coun­tries with the most fines this year.Ex­ec­ut­ive Sum­mary­As we are aware that pri­vacy pro­fes­sion­als are un­likely to have a peace­ful job in these chal­len­ging times, the second edi­tion kicks off with an ex­ec­ut­ive sum­mary for the quick read­er (in­clud­ing over­all takeaways, in ad­di­tion to sec­tor-spe­cif­ic ob­ser­va­tions). Hav­ing in­ten­tion­ally op­ted for an on­line-only pub­lic­a­tion, the ET Re­port's Ex­ec­Sum is the only part that you can con­veni­ently down­load (or even print out for bed­time read­ing without a di­git­al device).Num­bers & fig­ures and sec­tor ap­proach­We have put to­geth­er an over­all sum­mary of the ex­ist­ing fines in the "Num­bers and Fig­ures" sec­tion, fol­lowed by tried-and-tested ana­lys­is for the fol­low­ing busi­ness sec­tors:Fin­ance, in­sur­ance and con­sultingAc­com­mod­a­tion and hos­pit­al­ity­Health careIn­dustry and com­mer­ceR­eal es­tate­Media, tele­coms and broad­cast­ing­Pub­lic sec­tor and edu­ca­tion­Trans­port­a­tion and en­ergy­In­di­vidu­als and private as­so­ci­ations plus the over­arch­ing cat­egoryEm­ploy­mentY­our takeawaysThis in-depth ana­lys­is per­mits first con­clu­sions to be drawn as to which busi­ness sec­tors at­trac­ted par­tic­u­larly hefty fines. We 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. There are already rel­ev­ant in­dic­a­tions in terms of data pro­tec­tion lit­ig­a­tion – in par­tic­u­lar, data sub­ject­s' claims for ma­ter­i­al or im­ma­ter­i­al dam­ages un­der Art. 82 of the GDPR are on the rise. This trend is un­likely to stop, be­ing in par­tic­u­lar sup­por­ted by col­lect­ive re­dress mech­an­isms and leg­al tech of­fer­ings that are already in­creas­ing the risks of and re­sources needed for data pro­tec­tion claims man­age­ment.Meth­od­o­logy­We do not re­sort to witch­craft nor do we have pref­er­en­tial ac­cess to GDPR fine in­form­a­tion (at least in most cases, but we are still work­ing on that…) when work­ing in the En­force­ment Track­er en­gine room and pre­par­ing the En­force­ment Track­er Re­port. In ad­di­tion to our ne­ces­sary fo­cus on pub­licly avail­able fines, there are some oth­er in­her­ent lim­its to the data be­hind this whole ex­er­cise. For the "small print", please see our more de­tailed re­marks on meth­od­o­logy. On a more gen­er­al level, al­though we have done our best to break down a com­plex top­ic in­to neat pieces, we have res­isted the tempta­tion to fol­low SEO re­com­mend­a­tions for the whole con­tent pack­age and would ask you to con­sider it a "long read" format if you de­cide to read it in full.What's next?The En­force­ment Track­er Re­port and the En­force­ment Track­er are a work in pro­gress. We highly ap­pre­ci­ate any form of feed­back (prefer­ably con­struct­ive…) and would like to thank every­body who has reached out over the last year. We re­ceived in­ter­est­ing ideas, in­form­a­tion about for­got­ten fines (hid­den deeply in re­mote corners of a sup­posedly com­pletely cap­tured world) and re­com­mend­a­tions for ad­di­tion­al fea­tures (our buck­et list is grow­ing stead­ily), as well as rel­ev­ant con­tri­bu­tions from stake­hold­ers out­side the EU – demon­strat­ing that the data pro­tec­tion land­scape is evolving rap­idly on a glob­al scale and in­ter­faces between na­tion­al/re­gion­al con­cepts are de­vel­op­ing even in the ab­sence of a glob­al data pro­tec­tion law. We have en­gaged with peers from the leg­al pro­fes­sion, pri­vacy pro­fes­sion­als with a more ad­vanced tech back­ground as well as re­search­ers from vari­ous dis­cip­lines. We strongly en­cour­age you to con­tin­ue en­ga­ging with us. And we apo­lo­gise in ad­vance if our feed­back may take some time; the data pro­tec­tion world is not a quiet one right now.Stay safe – and keep on fight­ing, Chris­ti­an Runte, Mi­chael Kamps, ed­it­ors and the en­force­ment track­ing and re­port­ing team
13/11/2020
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.
02/10/2020
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.
28/09/2020
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.
31/07/2020
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
01/07/2020
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...
17/06/2020
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...