Ferrere assists Marriott in agreement to operate hotel in Asunción

Ferrere Paraguay has counselled Marriott International on a deal to operate a Yacht & Golf Club hotel in Asunción

 Ferrere, through its Paraguay team, has assisted the hotel chain, Marriott International, in the signing of an agreement for the operation of the Hotel del Yacht & Golf Club in Asunción.

The advice included due diligence on the hotel, as well as the review of the agreement under Paraguayan law, including real estate, regulatory, intellectual property, corporate and environmental matters.

The agreement, signed in early March, provides for Marriott to manage the hotel for 20 years, while investing in its renovation.

Ferrere’s team was led by partner Nestor Loizaga (pictured right), with support from associates Manfred Heyn (pictured top left), Yvo Salum and Mateo Román Saguier (pictured bottom left).

Ferrere assists Marriott in agreement to operate hotel in Asunción

L Giselle Estrada

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