Overview
McDermott Will & Schulte is pleased to announce its role in advising Elektroncek Group on the negotiation of franchise arrangements with a Hyatt affiliate and a hotel management agreement with Grand Metropolitan Hotels. These agreements are in connection with the development and future operation of the Sealeven Hotel & Residences, in Opatija, Croatia.
The McDermott team, led by partner Darren Rogers, with support from Neeraj Tah, Jessica Dawood, and client relationship partner Aymen Mahmoud, provided comprehensive legal counsel throughout the negotiation process.
Darren Rogers, lead partner, commented: “We are thrilled to have supported Elektroncek Group in bringing this significant project within the Destination by Hyatt portfolio. The Sealeven Hotel and Residences Opatija will no doubt be a significant addition to the luxury hospitality offering in the Opatija region, and we look forward to seeing the residences fully open and operational under the management expertise of Grand Metropolitan.”
About McDermott Global Real Estate Group
McDermott’s Global Real Estate Group leverages interdisciplinary expertise in fund formation, ESG, REITs, tax structuring, private equity, M&A, capital markets, and regulatory matters. Our team collaborates on transactions shaping iconic skylines worldwide. Our lawyers comprise a sizeable multi-practice, multi-office team that stretches across the globe. We have offices in the most important markets for the industry, including New York, Chicago, London, Los Angeles, Miami, Munich, Orange County, Milan, Paris, Silicon Valley and Washington D.C.
Our hospitality team advises hotel and resort owners and operators, combining corporate, real estate, tax, environmental, and regulatory expertise. We support boutique and extended stay brands, flag operators, financial institutions, and strategic lenders in construction, development, debt restructuring, and property conversion. Our projects include some of the most iconic hotel properties globally.
About Sealeven Hotel & Residences Opatija
Sealeven Hotel & Residences Opatija is a premier development comprising 11 beautifully designed buildings, each strategically positioned to offer unobstructed views of the stunning Kvarner Bay. The residences operating under as a Destination by Hyatt will seamlessly blend the cozy comfort of home with the luxurious indulgences of a world-class hotel.
About Elektroncek Group
Elektroncek Group is a family-owned investment hub. Its diverse portfolio includes a premium golf course, the natural mineral water sector, cutting-edge hydrogen energy innovation, and prime real estate.
About Us
Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,750+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.