The Hospitality and Leisure industry stands at the intersection of corporate finance, property law and consumer law. Particularly post-Covid, Greece has been experiencing considerable growth in hospitality investment projects, attracting capital from funds and private investors.

At Lyka Law we have been serving large-scale resort developers and international hotel brands to mid-market leisure operators expanding their footprint, developing this expertise further and staying acutely up to date with the industry.

We leverage the firms’ long property with a clear focus: to deliver certainty in property acquisition, finance structuring and operations compliance, for the benefit of guest experience and business growth.

Key Areas of Expertise

We provide the legal advisory required to address the entire lifecycle of a Hospitality and Leisure asset.

• Acquisitions and Dispositions: building upon our tax and finance law expertise we take on the full legal management regarding the acquisition, disposition and financing of hotels, resorts and related properties.

• Franchise Agreements: we negotiate and prepare hotel management agreements (HMAs), licensing and franchise agreements with international brands.

• Property Development and ESG compliance: we collaborate with project engineers, environmental engineers and specialist teams to procure legal and technical advice on permitting, zoning, securing all tourism related licenses for the operation and the environmental compliance of resorts and tourism facilities; in addition to that, we take full ownership for the drafting of robust construction and JV agreements for property development.

• Tax Structuring: to optimize your investment returns and tax efficiency we capitalize on our tax law expertise to create efficient corporate and tax structure, aligned with the needs of your hospitality property business model.

• Consumer Law: guest experience being the ultimate business and brand goal, we advise you on consumer protection, booking terms, data privacy as well as supplier and vendor agreements, including agreements with online booking platforms.

Ready for Certainty?

Specialist assets require a specialist legal team; one which can collaborate cross industry, understand complex technical issues pertaining to construction and development and can deliver the tax, finance and legal certainty you need to venture in the Greek competitive hospitality arena.