• Lex Favios represented InterContinental Hotel Group acted as  legal counsel with respect to re-branding of 14 Hotels Pan-India under the name of Holiday Inn Express – Lex Favios represented InterContinental Hotel Group for a deal for re-branding 14 hotels the key cities of India, such as Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, and Mumbai. Inter-Continental Hotels Group (IHG) has partnered with SAMHI, a hotel asset company,

 

  • Lex Favios advised  Melwa Hotels & Resorts, a Sri Lankan company, for negotiation involving Hilton Group and Melwa Hotels – Lex Favios assisted with negotiations on six management agreements with Hilton. Melwa is to invest US$100 million to construct six new properties in Sri Lanka that Hilton will manage – three Hilton Hotels & Resorts and three DoubleTree properties.

 

  • Lex Favios acted as the sole legal and regulatory counsel to Mushtaq Group of Hotels and assisted in negotiating and advising on the various operating contracts with the Carlson Rezidor Hotel Group.  The Carlson Rezidor Hotel Group has entered into a partnership with the Mushtaq Group of Hotels for opening seven hotels in the State of Jammu and Kashmir. The partnership will bring three new hotels to the state, while four existing Mushtaq hotels will be upgraded to Carlson Rezidor standards, with a total investment of about Rs. 1000 crore. This deal is the biggest in India’s hotel industry, the first hotel would be opened in Srinagar in the fourth quarter of 2016. The other six would be set up in Jammu, Sonmarg, Gulmarg, Tanmarg and Pahalgam.