Finance Update — March 2014: hotel financing
Rodney Dukes, head of the finance group, and Richard Bursby, head of the hotels group, discuss the hotels market and some basic issues that borrowers and lenders in this sector typically need to address.
The hotel sector is regarded by some as niche — is that right?
Bursby: ‘In the sense few people know it well — yes. But there is a lot of activity in the sector and that looks set to increase in 2014 and beyond. It is a market that many different types of investor realise has the potential for good returns.
‘Taylor Wessing’s hotel group acts for owners, operators, developers, funders, franchisees, brand owners, contractors, funds and asset managers so we know the business inside out. We act for some of the largest participants in this market.’ …
Click on the link below to read the rest of the Taylor Wessing briefing.
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