STR Reports Canada Hotel Pipeline for June 2010

The Canadian hotel development pipeline comprises 211 projects totaling 22,276 rooms, according to the June 2010 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 14.9-percent decrease in the number of rooms in the pipeline compared to June 2009.

Hotel Management Agreement Performance Standards – The Owner’s Return Test – By Jim Butler, Author of Www.HotelLawBlog.com

The hotel management agreement or HMA is one of the most important factors in the financial success or failure of a hotel, and the value of an owner’s or lender’s interests in the property. One of the many important provisions in the HMA can be the performance standard the Operator is required to meet, and the consequences of such a failure. This is the third article in the series on this subject.

Hotels Beware: Do Not Check-in Corruption

As U.S. based hotel franchise, management and investment companies recover from the recent economic recession and seek growth in international markets, operators should be aware of certain regulatory risks associated with international expansion.