Alejandro Rojas

NHG advises Murano on hotel operations

Nader Hayaux & Goebel has advised Grupo Murano, through certain subsidiaries, in the negotiation of two hotel management, technical services and branding contracts with Hyatt de México, and Ennismore Holding US, to operate the Andaz and Mondrian hotels.

The advice also included the modification of the loan documents (and the loan security package) to build and remodel the hotels, both located in Mexico City.

Galicia Abogados advised the lender Banco Nacional de Comercio Exterior (Bancomext), while Greenberg Traurig acted as counsel to Hyatt de México, and Ennismore Holding.

Initially conceived as a single hotel operated by Wyndham, Grupo Murano changed its decision to build and operate two luxury hotels in place of this hotel, due to changes in business conditions caused by the covid-19 pandemic.

This change led to the design and implementation of a new structure, tax efficient and attractive to hotel operators, with a credit facility guarantee package that included modifications to reflect the new structure.

The NHG team was led by partner Alejandro Rojas (pictured), with support from associates Oscar Vázquez and Regina Yarto and law clerk Gabriela Zorrilla.

The Galicia Abogados team was represented by associate Jorge Javier Mendizábal.

The Greenberg Traurig team included partner Antonio Diez de Bonilla.

L Giselle Estrada