Client feedback, leading legal directory
They know how hotels are owned, branded and financed, and that saved us weeks.
Client feedback, leading legal directory
Sharp on fee disclosure rules and practical for our revenue teams.
Client feedback, leading legal directory
A clear, commercial approach to a complicated refinancing.
Client feedback, leading legal directory
They understood gaming licensing and our timetable at the same time.
Client feedback, leading legal directory
Strong on loyalty program issues and customer data.
Client feedback, leading legal directory
Reliable through a difficult guest data incident.
Overview
Corvane Ryle advises owners, operators, brands, lenders and investors across hotels, resorts, casinos and gaming, restaurants, cruise and travel, theme parks, fitness and live events. Clients include hotel groups such as Castellan Hotels, and our work covers the full structure of the sector, from asset ownership and management agreements to franchising, loyalty and financing.
The sector is shaped by consumer regulation as much as by commercial cycles. Rules on drip pricing and mandatory fees now reach hotel resort fees, ticketing and service charges in the United States and the United Kingdom, and regulators have taken a close interest in dynamic pricing. Loyalty programs hold large volumes of personal data and financial value, which makes privacy, breakage and consumer protection central to program design. Gaming operators must manage licensing and suitability reviews, anti-money laundering duties and responsible gaming rules that vary by jurisdiction, including the growth of online and sports betting in the United States. Labor, real estate and insurance considerations add further complexity.
Our teams combine real estate, M&A, finance, tax, antitrust, consumer protection, privacy and litigation lawyers. We act for owners and operators through acquisitions, joint ventures, sale-leasebacks, financings and restructurings, and we advise on the regulatory questions that arise in each. Grace Whitcombe in Chicago leads our consumer protection practice and advises on pricing and fee disclosure, and Naomi Feldspar advises on restructurings in the sector.
Our clients value lawyers who understand operations as well as legal theory. We spend time with revenue management, loyalty and property teams so that advice on fees, promotions and guest data fits how the business really runs, and so that deals and financings reflect the way hotels, venues and gaming floors generate value in practice.
Areas of focus
Drip Pricing and Junk Fees: Live Event, Hospitality and Retail
Corvane Ryle advises Castellan Hotels on US$650 million refinancing
Representative experience
- Advised Castellan Hotels on its US$650 million refinancing.
- Represented a hotel owner in the sale of a portfolio of full-service hotels to a real estate investor.
- Advised a casino operator on licensing approvals for a new integrated resort.
- Counseled a sports betting operator on market entry in multiple US states.
- Advised a restaurant group on a franchise disclosure program and franchisee relationship matters.
- Represented a lender in the restructuring of a leisure and entertainment venue financing.
- Counseled a resort operator on fee disclosure practices under federal and state rules.
- Advised a live event company on refund and cancellation obligations and ticketing terms.
- Handled a guest data incident for a hospitality group, including regulator notifications in four countries.