The hotel sector has evolved. A lot. It is now a far cry from the coaching inn and the ‘Mom and Pop’ motel, and those who wish to own a hotel no longer have to be involved in its operation. There is no need to put a mint on the pillow, fill the ice buckets or even visit the property. If an investor so chooses, a hotel can remain a line on a balance sheet and no more. This apparent cut in complexity is not, however, reflected in the sector’s legal demands.
.jpg?1680780797)