Management Contract Negotiations
Fairmont Battery Wharf
- On behalf of owner, developed an alternative branding strategy to replace a proposed Regent management contract negotiated by the Borrower.
- Selected Fairmont from a field of 7 potential 4 - 5 star luxury hotel operators.
- Obtained extremely favorable financial terms which had a significant positive impact on the future performance of the hotel.
- Provided support to the lender in the late stages of development and pre-opening.
- Monitored all pre-opening activities of Operator.
- Stepped in to manage the asset on an interim basis between management companies.
Learn more about hotelAVE's Contract Negotiation services.