Jim Butler Discusses Pricing Transparency Legal guidelines on Lodge Information Now Podcast
Efficient July 1, California carried out two new legal guidelines aimed toward rising transparency in marketed lodge room charges by addressing hidden or “junk” charges. These legal guidelines require necessary charges, resembling resort charges, to be included within the preliminary marketed value, fostering a extra clear and aggressive market.
Jim Butler, founder and chairman of JMBM’s International Hospitality Group®, not too long ago appeared on a Lodge Information Now podcast with senior reporter Bryan Wroten to debate these new legal guidelines and their impression.
On this podcast, Jim delves into the historical past and evolution of necessary charges within the hospitality business and explains how these new legal guidelines profit each customers and lodge operators by making a degree enjoying area and selling honest competitors.
To achieve a deeper understanding of those new legal guidelines and their broader implications for the hospitality business, take heed to the complete podcast on the Lodge Information Now web site. His insights are invaluable for lodge homeowners, operators, and traders navigating this evolving regulatory panorama.
Hearken to the Podcast Right here.
Keep tuned to the Lodge Legislation Weblog for extra updates and skilled evaluation on authorized points affecting the hospitality business. We’re right here to assist you in reaching compliance and sustaining a aggressive edge on this dynamic market.
See how JMBM’s International Hospitality Group® may also help you. Click on right here for the most recent articles on Junk Payment Litigation.
NOTE: We symbolize the homeowners and operators of accommodations, eating places, and different hospitality services. We don’t symbolize customers making claims in opposition to such companies. In the case of Junk Payment legal guidelines on the State or Nationwide degree, we assist the homeowners and operators of the accommodations, eating places and hospitality services to know and adjust to Junk Payment Legal guidelines. When claims are made in opposition to them by customers of opponents, we advise on methods and protection of such claims.
Concerning the JMBM International Hospitality Group®
The hospitality attorneys within the International Hospitality Group® of Jeffer Mangels Butler & Mitchell LLP comprise the premier hospitality observe in a full-service legislation agency, and probably the most skilled authorized and advisory staff within the business. Our staff of seasoned lodge attorneys has helped shoppers with greater than 4,600 hospitality properties positioned across the globe valued at greater than $123 billion, and have labored on greater than 2,700 administration and franchise agreements. Our expertise gives some of the in depth digital knowledge bases of market phrases for offers and financings. The hospitality attorneys of our staff should not simply nice lodge attorneys—we’re additionally hospitality consultants and enterprise advisors, dealmakers and facilitators of the stream of capital. We assist our shoppers discover the suitable operator, three way partnership companion or capital supplier. We all know who to name and how one can attain them.
Jim Butler
+1 310 201 3526
JMBM
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