England - London • Industry focus

Addleshaw Goddard

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The large, cross-disciplinary team at Addleshaw Goddard is equipped to advise its roster of large hotel operators, owners, developers and lenders on the full spectrum of hotel ownership and operation issues. The team is lauded for its expertise in hotel finance and its understanding of the budget hotel sector. Recent work has involved restructuring, refinancing and administrations in the hotels and casual dining spaces. The ‘responsive, friendly, approachable’ Luke Baines, a specialist in the hotels sector, co-leads the team, and is also a key member of the firm's construction and engineering group. Co-heading the team with Baines is Lucy Sturrock, who divides her time between London and Leeds, is singled out for her ’brilliant mind’, and specialises in advising hotel owners on structures, management agreements, development and acquisitions. Heading the real estate finance practice is Zoe Maurer, whose clients include hotel lending teams and financial sponsors. Neil McGibbon is another key name, offering experience in hotel financings, hotel management and non-disturbance agreements. Catherine Williams returned to the firm in February 2023 from Shoosmiths LLP, and now co-heads the firm’s living sector.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘A team that knows and cares about the industry and invests time and effort to know our assets and business. They are responsive, helpful and transparent.’

  • ‘Luke Baines is responsive, friendly, approachable and genuinely cares about our business.’

  • ‘A large firm with wide-ranging knowledge and experience held in-house.’

  • ‘Neil McGibbon is incredibly knowledgeable but, having also worked in the legal department of a fund, he has a very commercial approach and is therefore able to give strong advice on not only the legal but also commercial practicalities. Neil's approach means he is very easy to work with, can explain complex points in an understandable way, and is able to proactively engage with opposing counsel.’

  • ‘I've never experienced this availability with a law firm. It worked perfectly, I really appreciated working with trust from both sides, I will never forget it.’

  • ‘When I first met Lucy Sturrock, I knew she was going to be the right legal partner for starting my adventure in the hotel management agreement field. Lucy is such an expert in her field that she makes easy to understand all these agreements. She even anticipates your questions and your worries, she really makes things easy for the client.  I will never forget it, such a unique encounter, a brilliant mind and a strong dedication to her work and clients.’

  • ‘The team have extensive knowledge and experience within the hospitality and leisure sector and have always been on hand to provide me with strategic and commercially-focused advice. My work with them has always been turned around quickly, delivered at the highest standards and resourced appropriately.’

  • ‘Lucy Sturrock in particular has been able to provide a huge deal of assistance to the business and has taken a lot of time to understand the business, how it operates and what it values from lawyers. She has instilled this in the whole client team who I work with.'

Key clients

  • Aareal Bank AG (lenders - Hotel Specialist Team)
  • Abrdn
  • AIB Group (UK) plc (lenders – Hotel Specialist Team)
  • A&O Hostels
  • BDO
  • B&B Hotels
  • Clydesdale (lenders - Hotel Specialist Team)
  • Coutts (lenders - Hotel Specialist Team)
  • Eastern and Oriental Plc (owner and developer)
  • Greene King (pub and restaurant operators)
  • Handelsbanken plc
  • KTB Asset Management
  • Manhattan Lofts
  • NatWest Group
  • Norlake Hospitality (owner of Hoxton Hotels and Gleneagles)
  • North Brewing (brewers and bar operators)
  • OakNorth Bank plc
  • Puma Investments
  • PwC
  • Santander (lenders - Hotel Specialist Team)
  • Sonder (disrupters)
  • Staycity (aparthotel operators)
  • Travelodge Hotels Ltd (hotel operators)
  • THAT Group (hotel owners and developers)
  • Village Hotels

Work highlights

  • Assiting abrdn with the forward funding, development and letting of a new Hyatt Hotel using a new leasing model.
  • Advised Travelodge Hotels on multiple recent projects, including one which utilised technology to help with building a reliable estates data base, making use of AI to review over 600 leases.
  • Assisting Norlake Hospitality with its portfolio of hotels in the UK and Europe.

Lawyers

Leading individuals

Lucy Sturrock

Addleshaw Goddard

Partner in real estate department with experience in a broad spectrum of commercial property transactions. Particular expertise is in acting for corporate occupiers and investors in the retail and leisure sector. Particularly skilled in managing large teams, helping clients realise value from their existing portfolios, and advising on national acquisition programmes. Extensive experience of sale and leaseback transactions and large corporate disposals and acquisitions. Heads up the firm’s hotel and leisure sector group.

Next Generation Partners

Practice head

The lawyer(s) leading their teams.

Luke Baines, Lucy Sturrock

Other key lawyers

Zoe Maurer, Neil McGibbon, Catherine Williams