News & Analysis as of

Acquisitions Hospitality Industry

Tucker Arensberg, P.C.

Tax Shock: Restaurant Sale Sparks Buyer’s Liability Without Bulk Sale Certificate

Tucker Arensberg, P.C. on

In HUF Rest., Inc. v. Commonwealth, No. 394, 2024 Pa. Commw. LEXIS 105, at *1 (Pa. Commw. Ct. Apr. 24, 2024) the Commonwealth Court ruled that a buyer’s failure to obtain a bulk sale certificate made it liable for the...more

Fisher Phillips

Workplace Law Forecast 2024 - Your workplace law recap for 2023 and predictions for 2024 to help you prepare for the coming year.

Fisher Phillips on

When I reflect on the relationship that our firm has with our clients, I’m most proud of the fact that you can always count on us. That often means defending complex litigation, steering you through regulatory threats,...more

Foster Garvey PC

EU Blocks Booking's eTraveli Deal, Sonesta Faces Resort Fee Lawsuit, and Hungary Probes Online Booking Payments

Foster Garvey PC on

This past week (the unofficial end to summer for many of you) was a relatively busy one in the world of online travel. Highlights include: - EU (Unofficially) Kills Booking Holdings’ Planned Purchase of eTraveli. For...more

Foster Garvey PC

Online Travel Update: A Growing Influence of Fintech Products and Their Suppliers

Foster Garvey PC on

This week’s Update features a wide variety of stories, including two on the growing influence of fintech products and their suppliers...more

Foster Garvey PC

Online Travel Update: Regulatory Objections Stall Booking.com's Acquisition of Etraveli, JP Morgan Chase Expands Travel Platform,...

Foster Garvey PC on

For those of you in the United States, I hope you enjoyed your long holiday weekend – the unofficial kickoff to summer. Our weekly Online Travel Update is below. It’s been a few weeks since we featured a story on banks’...more

Foster Garvey PC

Online Travel Update: Online Group Booking Platforms Evolve, Travel Influencers Effect on Social Commerce

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This week’s Update features a heavy dose of online group booking platforms and an interesting report on the growing importance of social media and in particular, travel influencers. Enjoy....more

Foster Garvey PC

Online Travel Update: India’s MakeMyTrip Fined for Anti-Competitive Behavior

Foster Garvey PC on

Three of the four stories we feature in this week’s Update detail recent or ongoing examinations by competition regulators of the trade practices of several online travel platforms. Relatedly, we also include again a link to...more

Foster Garvey PC

Online Travel Update: Booking Holdings Presses Ahead With Etraveli Acquisition

Foster Garvey PC on

It was another relatively quiet week in the online travel world, as evidenced by the stories below. The one obvious exception was the European Commission’s final publishing of the much-discussed Digital Markets Act (DMA),...more

BCLP

Distressed Hotels in France

BCLP on

In 2019, the French hospitality industry reached an unprecedented amount of transactions with a total volume of 4.4 billion euros compared to 1.8 billion euros in 2018, which included a large distress transaction completed by...more

Foster Garvey PC

Online Travel Update: An Update on Hotel Distribution and Vacasa’s Change in Leadership

Foster Garvey PC on

The last unofficial week of summer was relatively slow in the online travel world, though last week did see the release of the European Commission’s report on its recent study into the current status of hotel room...more

Foster Garvey PC

Online Travel Update: Summer Vacation Edition

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Our “vacation edition” of our weekly Online Travel Update is below. Our regular Updates will resume next week. Have a great week everyone....more

Foster Garvey PC

Online Travel Update: Vacation Edition

Foster Garvey PC on

The “vacation edition” of our weekly Online Travel Update is below. Our regular Online Travel Update will be back next week....more

Foster Garvey PC

Online Travel Update: Expedia Partner Solutions offers carbon neutral hotel stays; traditional offline travel management companies...

Foster Garvey PC on

For those of you celebrating Thanksgiving this week, happy holidays. This week’s Update features a wide variety of stories, including PhocusWire’s annual list of the 25 hot travel startups. Enjoy....more

Foster Garvey PC

Online Travel Update: Hopper continues its meteoric rise; Accor moves group bookings online; Capital One grows its travel...

Foster Garvey PC on

This week’s Update again features a number of stories on fintech and its emerging influence on the travel and lodging industries. Enjoy....more

Latham & Watkins LLP

Delaware Court Nixes Deal Due to Seller’s Failure to Operate in “Ordinary Course” During COVID-19

Latham & Watkins LLP on

The decision leaves the door open for buyers to argue that inflexible ordinary course covenants can provide a basis to terminate a transaction in which a seller does not suffer an MAE. Key Points: ..The Delaware Court...more

White & Case LLP

Hospitality/Leisure M&A finds flourishing niches in 2020

White & Case LLP on

The effect of the COVID-19 pandemic on the hospitality industry has been especially severe, the face-to-face nature of commercial activity in the space making it especially susceptible to social distancing and lockdown...more

White & Case LLP

Leisure sector M&A awaits delayed reaction - COVID-19 is hammering leisure sector M&A—but not so much that opportunities have...

White & Case LLP on

Leisure M&A deal value totaled US$13.5 billion in Q1 2020, which, although higher than figures recorded for Q1 2019, was more than 50% below Q4 2019 levels. Deal volume dropped to 117 transactions, the lowest quarterly total...more

Foster Garvey PC

OTA & Travel Distribution Update: Marketing investments by OTAs increase again; short-term rentals platforms' landmark...

Foster Garvey PC on

While this week’s Update does not include stories about Coronavirus and its potentially disastrous effects on the lodging and travel industries, I’m sure it will only be a matter of time. We are already hearing stories of...more

Foster Garvey PC

OTA & Travel Distribution Update: Blackrock leads funding round for guest acquisition platform SiteMinder; CheapAir transforms...

Foster Garvey PC on

This week’s Update features a number of stories on growing online travel platforms – including the launch of an entirely new travel application and the possible resurrection of an old familiar travel application....more

Foster Garvey PC

Short-Term Rental Update: Vacasa nearly doubles real estate footprint with the acquisition of Wyndham vacation rentals;...

Foster Garvey PC on

Vacasa Nearly Doubles Real Estate Footprint - ("Vacation rental platform Vacasa will pay $162M to acquire Wyndham Vacation Rentals," GeekWire on Jul 30, 2019) We learned last week that Portland-based Vacasa plans to...more

Foster Garvey PC

OTA & Travel Distribution Update: Sabre's previously announced acquisition runs into regulatory trouble; enforceability of...

Foster Garvey PC on

This week’s Update features a number of stories on important developments in the EU. Enjoy....more

Robinson+Cole Data Privacy + Security Insider

Marriott Announces Massive Data Breach—Illustrates the Importance of Cybersecurity in M&A Due Diligence

Marriott announced a major data breach, perhaps one of the largest in history. This breach illustrates the often made point that breaches and intrusions happen and go unnoticed for months or years....more

Foster Garvey PC

OTA & Travel Distribution Update - June 16th, 2017

Foster Garvey PC on

Our weekly client OTA & Travel Distribution Update for the week ending June 16, 2017 is below. Several interesting stories this week... Price-Fixing Technology the Subject of EU Regulators [PARITY] - ("Enforcers Must...more

Foster Garvey PC

OTA & Travel Distribution Update - May 12th, 2017

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This week’s GSB weekly client OTA & Travel Distribution Update for the week ending May 12, 2017 is below. Rhetoric Over AHLA’s Planned Lobbying Efforts Ramps Up [OTA]. Not surprisingly, Priceline Group CEO Glenn Fogel...more

Buchalter

Hospitality Industry Law Newsletter

Buchalter on

New Labor Code Section Prevents Employers from Using Out-of-State Choice of Laws Provisions in Contracts with California Employees - On September 27, 2016 Governor Jerry Brown signed a new law impacting the contract...more

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