Hospitality & Recreation
The Goulston & Storrs Hospitality and Recreation group draws from many different disciplines within the firm to represent developers, management companies, lenders, franchisors, franchisees and equity investors in hotel, resort and golf course developments. Our attorneys also represent numerous financial institutions in making both construction and permanent loans on hotels and other recreational projects. Since tax and transactional attorneys work together as members of this group, we are frequently involved in structuring sophisticated transactions that maximize the tax planning opportunities of our clients.
We assist all players in the hotel and recreation services industry. For our developer clients, we provide all services necessary in a hotel, resort or golf course development. We routinely represent owners, both domestically and internationally, in all aspects of site acquisition (including ground leases), development, construction, finance, joint venture, equity placement, investor relations, purchasing of FF&E, management and franchise agreements, creation of hotel condominiums and related offering documents. Our representation of hotel management companies includes preparation and negotiation of hotel management agreements, franchise agreements, leases with owners, mezzanine loans, equity investments, technical services agreements, construction agreements and purchasing agreements for national buying programs. Our long term experience spans all relevant industry cycles and trends, including ground-up development, acquisition and repositioning, conversion to or from hotel use, eco-tourism, interval ownership, extended-stay, hotel condominiums, workout and sale.
Members of our Hospitality and Recreation group have considerable experience in all aspects of ownership structuring and tax planning, and we regularly counsel both public and private investors in hotel and other recreational projects, including pension and opportunity funds. Chambers USA sources recognize the group’s client service, “they really understand us which enables us to move expeditiously and not have to bring them up to speed on deals.”
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About Goulston & Storrs
Goulston & Storrs is an Am Law 200 law firm, with offices in Boston, New York, Washington, DC and Beijing. With nearly 200 lawyers across multiple disciplines, Goulston & Storrs is a real estate powerhouse with leading-edge corporate, capital markets and finance, and litigation practices. Our lawyers employ a proven team approach that values client outcomes over individual recognition. The firm’s dedication to providing prompt, practical legal advice, cost-efficiently and tailored to our clients’ business needs, has resulted in Goulston & Storrs being acknowledged for excellence by Chambers USA, BTI’s A-Team for Client Service, Best Lawyers in America and other leading industry rankings. For more information, visit , follow us on Twitter and , Like us on Facebook, or see us on .
Contact: Elyse Desmarais