Lessons Learned: Important Considerations for Hotel Management Agreements in the Post-Pandemic Era
In their Hospitality Law column, Todd oloway and Bryan Mohler discuss key negotiating points in hotel management agreements.
September 06, 2022 at 11:46 AM
8 minute read
ContractsThe first half of 2022 has seen the hotel industry stage a remarkable recovery from the pandemic-triggered downturn of the last two years. According to recently released data from STR, a hotel industry analytics firm, in July 2022 the U.S. hotel industry reported record-high monthly room rates on a nominal basis, while also reporting an all-time high revenue per available room (RevPAR).
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