LEX FAVIOS has acted as legal counsel for SA Hospitalities Globe Private Limited in their negotiations with ITC Limited for the opening of a hotel in Rishikesh, Uttarakhand, under the prestigious STORII brand.

The firm's role encompassed advising and negotiating the entire transaction, as well as the comprehensive review of contracts, including but not limited to the Operating Services Agreement and the Project, Technical and Development Advisory Services Agreement, to facilitate the smooth operation of the hotel.

Our team was led by Managing Partner Sumes Dewan and Associate Muskan Arora.

LEX FAVIOS is a full service law firm with a history of ten years on the Indian legal services market. One of the practice areas we have many times been acknowledged for is hospitality.

Our members have experience in advising strategic investors in relation to disinvestment by Government of India, of its shareholding in various companies, owning prominent hotels, structuring of investment and general advice relating to the transaction.

Our Firm has been advising on the following with regard to the aspects of the Hospitality sector:

• Hotel Acquisition and Sale;
• Hotel due diligence and title search for land/property;
• Hotel Management contracts, such as Hotel Operating and
• Management Contracts, Reservation Services Agreement, License
• Agreement, Technical Services Agreement, Marketing Agreement;
• Hotel Construction and Development contracts;
• Financing the Hotel and its Construction;
• Joint Collaborations for development of Hotels;
• Intellectual Property issues with respect to branding and co-branding
• of Hotels;
• Land use and entitlements; etc.;
• Ground, office, restaurant & retail leases;
• Redevelopment agreements;
• Hotel Sale and Purchase Contracts;
• Hotel Franchise & license agreements; etc.