Jeffrey Goldstein has been working as a franchise attorney in the franchise and distribution niche for over three decades. Jeff and the Goldstein Law Firm, by choice, do not represent franchisors or suppliers; they only represent franchisees and dealers because they believe representing franchisors, especially in the litigation context, is directly harmful to your status and position as a franchisee or dealer.
Jeff prepared a FREE download exclusively for the Lodging Leaders community. His guide, the Top Ten Worst Provisions in a Franchise Agreement, goes even deeper into some of the concepts we discussed. To get the most out of this episode, download the guide.
If you are in the process of performing your due diligence on a franchise opportunity, you are probably struggling to comprehend the seemingly-unending legalese in the franchise agreement. You owe it to yourself to understand the implications of that agreement, and this interview is a great start at understanding terminology, concepts, and pitfalls that could have a direct impact on your business.
Jeffrey M. Goldstein
Goldstein Law Firm, PLLC
1629 K St. NW, Suite 300
Washington, DC 20006
Phone: (202) 293-3947
Fax: (202) 315-2514
Lodging Econometrics has tracked the hotel industry since 1998. Its global database includes new-hotel pipelines as well as renovations and brand conversions. Hotel franchisers once eager to launch new brands are focused on converting existing hotels because it’s a faster way to recover revenue lost to the COVID-19 pandemic than through new construction. In Episode 346, Lodging Leaders explores the increasing number of conversions in the U.S. hotel industry and what owners and operators need to consider before repositioning an asset.
In the first few months of the COVID-19 pandemic in the U.S., financiers anticipated a swell of distressed hotel businesses. Some raised rescue funds to respond to what they thought was a pending crisis. Though there are financial rescues taking place, the level of such activity is far below what industry advisers and fund managers expected. Commercial real estate investors positioned to act in the early days of the pandemic held off and are now just beginning to unleash their cash hoards totaling billions of dollars. Episode 345 of Lodging Leaders podcast explores the state of capital investment in the hotel industry.