Hotels & Leisure

Recent Articles

•  

  22.09.2023

  Netherlands

  Price indexation causes trouble for hotels in the Netherlands

  The principle that real estate value grows with inflation is one of the important factors behind real estate investment in the Netherlands. Because the yearly rent or franchise payment in most lease and franchise agreements is automatically linked to the price index (CPI) of Statistics Netherlands (CBS), this means that the rent/franchise payment follows the increased inflation index. Hence, if parties have not agreed on a cap of the yearly price index, tenants or the franchisee must pay the increased rent in full. Last year, the CPI was between 6.2% and 14.5% with an average of 10%.In the wake...

  Read more
•  

  15.09.2023

  Ukraine

  Ukraine Supreme Court in­ter­pret­a­tions of building regulations prove crucial to the construction industry within Ukraine

  The Ukrainian legislative framework regulating construction is constantly under development and is not always straightforward or aligned. In order to launch a construction project in Ukraine, it is crucial for developers to consider the guidance found in the decisions of the Supreme Court, which are binding for state apparatus, including authorities granting permissions to develop buildings. When high court decisions make a U-turn in established practice, they can potentially impact the market. The following article describes Supreme Court decisions in two areas of development: construction in...

  Read more
•  

  09.08.2023

  Luxembourg, UK

  Luxembourg ratifies amendments to UK-Lux­em­bourg tax treaty - key con­sid­er­a­tions for investors

  On 19 July 2023 Luxembourg ratified the text of the new tax treaty between the UK and Luxembourg (the Treaty). The UK ratified the Treaty last year. Changes that we addressed in our previous article will now enter into force after 1 January 2024 replacing provisions of the treaty signed in 1967.Due to the fact that the tax year in the UK is ‘shifted’ from the calendar year, certain provisions will enter into force throughout the course of 2024. More details are set out in our previous articles but investors will have to take into consideration the following changes.Residence test and...

  Read more
•  

  29.06.2023

  United Kingdom

  Case Summary and Analysis: Joan Park­er-Gren­nan v Camelot UK Lotteries Limited

  The Facts Ms Joan Parker-Grennan first opened an online National Lottery account on the 27th of February 2009 and, upon doing so, was required to tick a box confirming that she had read and agreed to Camelot’s Interactive Account Terms and Conditions (“Terms”)On 25th August 2015, Ms Parker-Grennan purchased a £5 ticket to play one of the National Lottery’s Instant Win Games (“IWG”) in which prizes ranged from £5 to £1 million. To win this IWG, the player is required to match one of the “Winning Numbers” with a number in the...

  Read more
•  

  29.06.2023

  United Kingdom

  Gambling Commission evaluates Online Games Design changes

  On 8 June 2023, the Gambling Commission (the “Commission”) published its assessment of the online game design changes that were introduced in October 2021. The Commission’s changes focused on online slot games and included limiting the speed of spins, prohibiting features that accelerate gameplay and banning auto-play, all of which were thought to increase the intensity of play and therefore, the corresponding risks to players. The online games design changes came into force on 31 October 2021 following a public consultation (see our Law Now article here) in 2020.Gambling Commission’s...

  Read more
•  

  27.06.2023

  United Kingdom

  Tip-top: new legislation on tipping

  The new Employment (Allocation of Tips) Act (the Act) will make it unlawful for employers to withhold tips and service charges from staff.There is no immediate date scheduled for implementation, although we expect that it will come into force in 2024. In this Law-Now we explain what steps employers should be taking to ensure their approach complies with the incoming legislation.What does the Employment (Allocation of Tips) Act mean for employers? The Act covers “qualifying tips” which are tips, gratuities and service charges that the business exercises control or significant influence...

  Read more