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CMS Hospitality, Travel & Leisure at a glance:
Acted on more hotels & leisure deals than any other law firm in Europe
The only law firm ranked top tier for hotels in Chambers and Legal 500
90 partners and 300+ lawyers worldwide
Top tier in Legal 500 since 2004
At the forefront of the eSports revolution

As an owner, investor, lender or operator in the hotels and leisure sector, you encounter complex business issues that require expert solutions. In addition to managing real estate assets, your issues may include corporate, tax, financing, construction, environment, litigation and employment matters, often across borders. With over 100 specialists in 39 countries, we can advise you on M&A, financing, development & construction, leases, management and franchise agreements and tax structuring. In addition to our core client base of investors and lenders, we also advise operators, brand owners, administrators, construction companies and technology providers.

CMS lawyers lead strategically in the sector, advising the top investors, funds and lenders in the market. We consistently advise on more transactions in this sector in Europe than any other law firm. This means you get access to the latest information, ideas and opportunities. We can introduce you to other sector players, including operators, purchasers, vendors, construction firms, financiers and investors. Such contacts can prove invaluable to your business. If you are involved in a distressed situation, our real estate restructuring lawyers can help sell your hotel or leisure asset out of insolvency. In the event of a dispute, our industry experts can guide you through the litigation process, ensuring you the best outcome.

Part of the recovery, and part of the change

CMS has hotels & leisure specialists in every field of law. We understand how the sector is operated, owned, branded, financed and developed, giving you real opinions and pragmatic solutions. 

We can help you with employment issues and protect your brand and reputation just as much as we can advise on your environmental impact or restructuring to make your business fit for the future.

As Europe’s leading law firm for the hotel industry, we have been ranked ‘top tier’ by Legal 500 since 2004. We advise on more hotel transactions than any other law firm. 

We also have a proven track record across esports & games, gambling, gyms, leisure, restaurants,sport, bars and travel. This means we understand the intricacies of all the component parts of the sector to help our clients recognise, protect and optimise their opportunities in a particularly challenging market. 

Because we advise every type of participant in the sector, we take a holistic view to anticipate challenges and mitigate risks.

From Dubai to Amsterdam, Vienna to Rio, Lima to Singapore, our lawyers are where you need them. We can mobilise our sector experts across CMS’s 70+ offices globally to solve local issues or coordinate multi-jurisdictional transactions.

Read more about CMS Hospitality, Travel & Leisure

Highlighted experience

  • Accor

    On the disposal of 16 Mövenpick hotels in Germany, Switzerland and the Netherlands, on increasing the shareholding in 25hours Hotels and on the management agreements for a portfolio of six hotels across the UK under the Mercure brand.

  • Credit Suisse fund

    On the sale of a hotel portfolio in the Swiss alps including the InterContinental in Davos and several properties in Zermatt.

  • Schroders Real Estate

    On the GBP 170m acquisition and leaseback of the Sofitel London Gatwick Hotel, on the asset management and shareholder agreements on the Sheraton Warsaw and a portfolio of three hotels at Disneyland Paris.

  • Sun Dreams

    On the cross-border merger of the Chilean gaming and hospitality company and the Latin America business of the South African Sun International.

  • Ferré Hotels

    On the acquisition, from the LFPI Group, of Alliance Hôtels Dévelopement and Alliance Holding and, indirectly, of a portfolio of 12 hotels located in Paris and the Paris region.

  • Turkish Tourism Group

    On the acquisition of the “right of construction” in the city of Antalya for the building and operating a five-star hotel.

  • VR meine Raiffeisenbank eG

    On the acquisition of the hotel business "Malerwinkel" at Chiemsee in Germany.

  • Social Entertainment Ventures Ltd

    On a second fundraising involving the negotiation of a USD 16m round of USD denominated subordinated convertible loan notes subscribed by investors based in the US, BVI and UK.

  • Owner of Hilton in Cape Town

    On the shareholder funding arrangements, the structuring and the early settlement and redemption of debt and equity instrument obligations.

  • Iberostar

    On the Thomas Cook insolvency with a claim of approximately EUR 40m.

  • Advance/Newhouse Partnership

    On the acquisition of Stage Entertainment, one of the world’s largest theatre producers and owners, from CVC Capital Partners and Joop van den Ende. The transaction included advice from over 100 CMS lawyers across the UK, Netherlands, Germany, Spain, Italy, Russia and France.

  • All England Lawn Tennis Ground

    On its acquisition of The Wimbledon Park Golf Club for a total consideration of approximately GBP 65m.

  • Henderson Park

    On the first acquisition of a group of companies owning the trading business and assets and properties for a portfolio of 12 franchised Doubletree by Hilton hotels in England, Scotland and Ireland from AroundTown S.A and LRC Group as well as the senior debt financing with Apollo. Acquisition of the business and assets (other than the trading name) of Amaris Hospitality, which they have renamed to Klarent Hospitality, from LRC Group.

  • Fortress Investment Group

    On the strategic acquisition of Punch Pubs operating over 1,300 pubs across the UK.

  • Garden Capital Group

    An entity controlled by the Dijkstra family, on its sale of a majority stake in the Dutch hotel group Eden Hotels to an affiliate of KSL Capital Partners (KSL).

Case studies

DTGO’s first European transaction involved the acquisition of 17 hotels in the UK, which operate under the IHG, Hilton and Marriott brands. 

CMS advised DTGO on all aspects of the heavily negotiated auction process and the detailed transaction mechanics. 

This was an extremely complex and challenging transaction that required a careful balance of all the stakeholders and component businesses. 

  • The deal structure required negotiations with all three hotel brands. 
  • Finance was provided by senior and mezzanine financing arranged by Goldman Sachs. 
  • The mezzanine facility was syndicated to several Apollo funds. 
  • The senior facility was subject to a commercial mortgage-backed security. 
  • A Thai bond provided the equity.

Social Entertainment Ventures Limited (SEV) is one of the leading businesses in the competitive socialising sector. It provides an opportunity for people to having fun with friends, meet new people in an exciting way and whilst food and beverage is critical, it is not the only thing that makes a night out memorable. 

SEV has launched a range of entertainment options, including the corporate ten pin bowling concept “All Star Lanes”, a ping pong based concept called “Bounce”, a darts concept called “Flight Club”, an indoor and tech inspired golfing concept called “Puttshack” and a bingo concept called “Hijingo”. 

CMS has been working with SEV for over two years as it has rolled out concepts in big venues quickly in the UK and US on short timetables. We advise SEV on: 

  • Raising equity and debt capital. 
  • Financing structures. 
  • Licence and management agreements. 
  • Corporate law advice. 
  • Dispute management. 
  • Intellectual property.
Awards & Recognitions
01
  • Quote
    The team has deep experience in hotel transactions. They are definitely experts in their field.
    Chambers & Partners
  • Quote
    The team stands out as number one; others may be good but they are not CMS.
    Chambers & Partners
  • Quote
    CMS provides a seamless service for cross border projects – and that’s exactly what we want.
    Client Feedback

Events

  • blue lines, waves, abstract
    International
    04 Mar 2025

    2025 Insurance sector webinar programme

  • Scenic of panorama view of sunrise skyline and cityscape with light tail on road into metropolis, Bangkok, Thailand
    International
    24 Apr 2025

    Cross-Border Financial Services 2025 webinar series

  • International
    07 May 2025

    On the Pulse webinar series 2025 - Spring/Summer

  • RETL 23 - Paul Clark interview - paris cityscape - 840x420.jpg
    International
    27 May 2025

    CMS Breakfast | Investing in Latin America

  • International
    05 Jun 2025

    AI and Competition Law

  • Wind Turbines
    International
    17 Jun 2025

    Africa Energy Forum 2025

Local market knowledge. Global outlook

We provide future-facing legal advice to help your organisation thrive. Combining local market knowledge and a global perspective, and with lawyers in locations worldwide, your organisation benefits from the expertise it needs, even across borders.

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