Hotel Development
L’Heureux & Co. has both local and international experience with providing legal advice in relation to hotel developments. We consider ourselves to be a standout leader in the market for developers and investors seeking to become involved with hotel and other commercial operations in the TCI.
Being more than a transactional lawyer, as your legal advisor we can assist with all aspects of commercial and resort development, pre-construction due diligence, preparation of a full legal package for use with pre-construction condo and villa sales, condo corporation/strata setup, back of house legal contracts, negotiation, and preparation of management contracts to be used with resort managers, and generally assisting throughout the construction process right through to opening day.
Over the course of over 15 years we have been involved with most of the Grace Bay based resorts and hotel projects at one time or another, including many pre-eminent hotels such as Grace Bay Club, Grace Bay Resorts, Seven Stars Resort & Spa, Somerset, Villa Renaissance, Royal West Indies Resort, Northwest Point Resort, Windchaser and West Bay Club. Many of the contracts generated by our staff have since become industry standard and are used extensively by resorts on island.
When it comes to preparation or review of branded hotel agreements, we have experience dealing with term sheets, hotel management agreements, technical services agreements, hotel leases, license agreements and other ancillary agreements normally associated with hotels and condominium developments.
We also have extensive experience in advising in relation to Villa developments that focus on short term tourism rentals and mixed-use development, with condos, retail, and office space. This is where our strategic knowledge and front-end advice is best seen.