succession planning
Succession Planning for the Family-Owned Hospitality Business
JMBM | February 16, 2015
By Jim Butler and the Global Hospitality Group® Hotel Lawyers - Authors of www.HotelLawBlog.com 16 February 2015 Succession planning for the family-owned hospitality business: protecting your family and your business The hospitality industry has been kind to families over the centuries, providing a good living for many, and significant wealth for others. Whether your family owns a hotel management company or hotels - involved with one or two small properties or a large chain of hotels - the responsibilities of your family-owned business are as profound as the advantages. Ensuring that the business continues to operate and provide for t...