It is a little mentioned fact in the hotel and lodging industry that hotels are permanent residences of some number of guests. This has long been true across market segments. New York’s iconic Waldorf Astoria Hotel was famously home to both General Douglas MacArthur and President Herbert Hoover in retirement. In today’s market, residency inContinue Reading
This year may bring the most predicted recession in memory. The Wall Street Journal reported last week that economists place the probability of a recession this year at 61%. “On average, they expect gross domestic product to expand at a 0.1% annual rate in the first quarter of 2023 and contract 0.4% in the second.Continue Reading
Last month, the U.S. Court of Appeals for the Eleventh Circuit issued a decision that will make it difficult for international online travel agencies (OTAs) like Expedia and Orbitz to book guestrooms at many hotels and resorts in Cuba, and may result in OTAs that do business in the United States abandoning Cuba entirely. Continue Reading
The most rewarding project I worked on this year was representing a business owner in dispute resolution proceedings against its lender, followed by prolonged but successful negotiation of a restructuring of the loan. My client owns a business property that it had planned to substantially renovate and begin operating under a new consumer brand. Continue Reading
This fall, the Georgetown University Law Center’s Hotel & Lodging Legal Summit hosted a webinar titled, “Confronting the New SEC Climate Disclosure Rule.” The webinar explored issues related to the SEC’s proposed rule on “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” It began with remarks by SEC Commissioner Mark T. Uyeda, and continuedContinue Reading
Please join us virtually on October 25, 2022 from 2:00-3:30 p.m. ET for “Confronting The New SEC Climate Disclosure Rule,” a Georgetown Law Hotel & Lodging Legal Summit Webinar. SEC Commissioner Mark T. Uyeda and a panel of the nation’s leading environmental, securities, and governance attorneys will address the SEC’s new rule on “The Enhancement and Standardization ofContinue Reading
The 10th annual Georgetown Law Hotel & Lodging Legal Summit will take place March 2-3, 2022 at the Renaissance Washington, D.C. Downtown and on-line. Visit the conference website for more information and to register.
I will attend the ALIS and ALIS Law conferences in Los Angeles this July. Please let me know if you plan to attend either conference and would like to meet. Bob Lannan
It is again my honor to co-chair Georgetown University Law Center’s Hotel and Lodging Legal Summit. This year’s conference will be entirely on-line, October 21-23, and will focus on legal challenges presented by COVID-19. Georgetown Law has made significant adjustments to pricing to make this year’s conference financially accessible. Notably, past attendees who have beenContinue Reading
Congratulations to my friend Mike Parent on the commencement of his new consulting business. Mike is a seasoned hospitality sales and marketing expert, with experience at senior management levels with Potomac Hotel Group TAJ International Hotels, Choice Hotels International and Coakley & Williams Hotel Management Company. For more information visit MikeParent.com.
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