Masterclass Series

Navigating hotel ownership in today’s landscape can be a demanding and high-pressure endeavor. One of the challenging scenarios arises when an owner grapples with the prospect of franchise default or receives notification of non-compliance with their franchise agreement. Facing default mirrors the emotional toll of personal loss, akin to navigating the stages of grief. The savvy approach for any modern hotel owner involves proactively sidestepping default, rectifying any breaches, and minimizing damages to avert the looming specter of license termination. In numerous instances, this termination not only jeopardizes the business but also carries the potential for personal financial repercussions, impacting both the owner and any guarantors associated with the franchise agreement. It underscores the contemporary imperative for strategic risk management in the dynamic hospitality industry. If you are looking for practical advice, and want to take control of your potential or current default, this is the workshop for you.