DEALS
Zhong Lun Advised the “Huayuan•China Center” Hotel Project of Huayuan Real Estate Group
Zhong Lun Advised the “Huayuan•China Center” Hotel Project of Huayuan Real Estate Group
Huayuan Real Estate Group and Hyatt Hotels and Resorts Group signed the series of hotel agreements regarding the “Huayuan·China Center" in April, 2013, under which Hyatt Hotels and Resorts Group will provide the full-range hotel management services for the hotel project of “Huayuan·China Center".
“Huayuan·China Center" is the large-scale landmark complex developed by Huayuan Real Estate Group in Changsha, capital of Hunan Province of China, and is of high demand for international hotel brands to be involved. Due to the difference in management model, lawyers in this project are required to be experienced in foreign investment in real estate projects in China, familiar with international hotel groups and their high-end hotel brands, and understanding well industrial practices and technical details of hotel management in China by international hotel groups, including the types and structures of hotel agreements , collection and amortization of varies fees and charges, and tax assumption for domestic and cross-border transactions, etc.
As the legal counsel of Huayuan Real Estate Group, Zhong Lun sent a legal team composed of HAO Han, LI Ya, SHI Yi and CHEN Yilin (Elaine), and participated and advised Huayuan Real Estate Group in respect of: project bidding process (including invitation and review of project biddings by international hotel groups), hotel customization by Shangri-La Hotel Group (including negotiations regarding foreign investment and acquisition as well as construction management), and negotiation and documentation of a series of hotel management agreements with Hyatt Hotels and Resorts Group. The rich experiences and high-quality professional services of the team was highly recognized and praised by the client.
