News & Analysis as of

Hotels Relief Measures

Womble Bond Dickinson

Service industry survivors and thrivers: A look at how some hotels and restaurants weathered the pandemic and what that means for...

Womble Bond Dickinson on

This article discusses which areas of the hotel and restaurant industries minimized the impacts of the COVID-19 pandemic, and in some cases beat predictions. It also looks at how those efforts and other factors of the last...more

Saul Ewing LLP

Philadelphia City Council Passes Recovery Package Targeting Hospitality Workers

Saul Ewing LLP on

Last month, the Philadelphia City Council and Mayor Jim Kenney passed a large economic recovery package aimed at protecting hospitality industry workers by granting them a right of recall if they are laid off due to...more

Hogan Lovells

New judgement on § 313 of the German Civil Code (BGB) in connection with COVID-19

Hogan Lovells on

Consequences for the hotel industry - According to a recent judgement of the Regional Court of Munich, the circumstances of the specific individual case must still be taken into account when determining the amount of rent...more

Hogan Lovells

Compensation claims for hotel operators

Hogan Lovells on

The prohibition of the use of certain hotel facilities ordered by the countries responsible for the enforcement of the German Infection Protection Act ("IfSG") can have serious economic consequences. Already with the...more

Hogan Lovells

Court decides on the provisional deferral of rent for the hotel W Amsterdam – A trend for the jurisdiction in the Netherlands?

Hogan Lovells on

In summary proceedings (kort geding) the tenant of the hotel W Amsterdam has obtained an injunction in the form of a provisional order pending a final decision. The provisional order provides that the tenant may postpone its...more

Hogan Lovells

COVID-19 pandemic update on lease law in The Netherlands

Hogan Lovells on

As an introductory comment, the Dutch district courts and courts of appeal have judged exclusively in interlocutory proceedings (kort gedingen) in disputes concerning the tenants’ obligation to pay the contractual rent during...more

Ervin Cohen & Jessup LLP

What the $900 Billion Stimulus Bill Means for the Food, Beverage and Hospitality Industry

Ervin Cohen & Jessup LLP on

On December 21, 2020, Congress agreed to a $900 billion stimulus bill, passed as The Consolidated Appropriations Act, 2021 (“the Act”). The 5,593-page Act includes funds designated for direct relief, additional money for...more

Best Best & Krieger LLP

Project Roomkey Applications for COVID-19 Homeless Housing Available Soon

California Providing $100 Million to Local Governments - Project Roomkey provides $100 million directly to California local governments for emergency shelter support and emergency housing, such as motel or hotel rooms, for...more

Schwabe, Williamson & Wyatt PC

CARES Act Questions for the Real Estate and Construction Industry - Update #5

Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act1”), the Paycheck Protection Program and Health Care Enhancement Act (“PPPHCE Act”),...more

ArentFox Schiff

Fed Once Again Expands Main Street Lending Program for Hotel Owners and Operators

ArentFox Schiff on

Effective June 20, 2020, the Federal Reserve updated its Term Sheet and Frequently Asked Questions (the “Updated FAQs”) describing the Main Street Lending Program (the “Program”) to expand the number of businesses that may be...more

Lowndes

Florida 5th DCA Says No More to Rushmore

Lowndes on

In a decision that will potentially have far-reaching implications in the property tax world, Florida’s Fifth District Court of Appeal issued an opinion today in Singh vs. Walt Disney Parks and Resorts, a tax appeal involving...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need to Know

Lowenstein Sandler LLP on

LOCKOUTS Can I be locked out of my home during the COVID-19 emergency? No. On March 19, 2020, New Jersey Governor Philip Murphy issued Executive Order 106, which immediately suspends evictions throughout the state. This...more

Foster Garvey PC

OTA & Travel Distribution Update: Despegar moves forward with Best Day acquisition; Roomkey suspends operations; Booking.com...

Foster Garvey PC on

After weeks of Updates detailing the disastrous effects of COVID-19 on the lodging industry, this week’s Update includes stories on (potential) signs of an industry recovery. I hope you enjoy....more

Cozen O'Connor

SBA Issues Additional Guidance On Affiliation Rules Under The Paycheck Protection Program

Cozen O'Connor on

As previously reported, the Small Business Administration (SBA), in consultation with the Department of Treasury, has separately issued an interim rule on its affiliation rules and Frequently Asked Questions (FAQs) on the...more

ArentFox Schiff

Hotel Operators: Here's How the Main Street Lending Program Can Help

ArentFox Schiff on

Payroll Protection Program loans may not be sufficient to bail out cash-strapped hotel operators. The current limits hold that PPP loans will only fund payroll and other expenses for up to eight weeks (depending on the loan...more

Foster Garvey PC

OTA & Travel Distribution Update: Trip.com's CEO discusses COVID-19 & the China travel market; some U.S. hotels transform vacant...

Foster Garvey PC on

In this week’s Update, I’ve again included a larger than normal number of stories given the interesting updates we are seeing. Not all the updates may be directly related to traditional distribution, but there is a...more

Epstein Becker & Green

[Webinar] COVID-19’s Impact on the Hospitality Industry - April 9th, 10:00 am - 11:00 am ET

The hospitality industry faces tremendous challenges as cafés, bars, restaurants, hotels, and other establishments are forced to close or pursue delivery-based operations. During this virtual panel, Epstein Becker Green and...more

Goulston & Storrs PC

SBA PPP Loan Applications for Hotels

Goulston & Storrs PC on

Applying for a PPP (Paycheck Protection Program) loan for your hotel? First, reach out to your lender to confirm that it is accepting applications and submitting them to the Small Business Administration (SBA) on the same...more

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