Author
Author

Christopher Boinet

Lawyer at the Paris Bar and Partner at In Extenso Avocats

Christopher BoinetChristopher has extensive knowledge of corporate finance, commercial and real estate transactions, the hotel business, construction law and litigation-related matters. He has wide-reaching experience in managing and structuring investment operations, acquisitions and assignments of resorts (business and premises), financing operations, joint ventures, management and franchising contracts, business organization, audits and dispute resolution. He also writes regularly about the hotel industry (hotel commercial leases and management contracts) and is speaker at seminars and workshops on hotel business law and real estate subjects, primarily those concerning hotel construction and renovation. Prior to joining IN EXTENSO AVOCATS, Christopher practiced at the Paris offices of Anglo-Saxon law firms such as COUDERT BROTHERS, HSD ERNST & YOUNG and THEODORE GODDARD, as well as at a tourism-oriented boutique law firm.
Insights by Christopher Boinet (9)

Airbnb & France: Recent decisions of the French Supreme Court put a sharp brake on Parisian short-term rental activity

On behalf of owners, Airbnb rents out furnished apartments to short stay, non-resident transient visitors. These rents are subject to the regulation of the City of Paris and this regulation has long stated that the activity of short-term furnished rentals to transient visitors, in return for payment, may not be carried out in premises used for residential purposes, pursuant to the French Construction and Housing Code.

The five keys to successfully negotiating an off-plan hotel lease, for hotel owners

More than ever, off-plan hotel leases[1] are making headlines in the leisure real estate industry. Stemming from real estate law professional practices, off-plan hotel leases reconcile the legal and financial interests of three distinct actors: the developer (seller), the investor (owner) and the operator (tenant).

Never buy a hotel without a good representations and warranties agreement

With an asset and liability guarantee agreement (Garantie d'actif et de passif, or GAP, under French law), the buyer obtains a contractual warranty for ensuring that the price it is paying matches the value of the company being sold.

The Tough Negotiation Surrounding Guarantees In Off-Plan Hotel Lease Agreements*

Off-plan hotel leases are often complex and lengthy contracts to negotiate. The parties involved generally engage in several rounds of negotiations, and both the owner and tenant must bitterly debate the guarantees imposed by the former, whose financial stakes are high.

Five Essential Checkpoints For Successful Buy-Side Due Diligence

A proverb states that prudence does not avoid all misfortune, but a lack of prudence never fails to attract it. This is why due diligence is a vital step in buying a hotel. In a hotel acquisition context, the term "due diligence" refers to the investigations carried out by the prospective buyer.
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