ALIS Award Winners Announced - Most Noteworthy Hotel Investment Deals and Executives Honored
At the Americas Lodging Investment Summit (ALIS) awards luncheon, executives and companies responsible for the most influential hotel industry deals in 2013 were honored with prestigious ALIS awards. Nominees are considered for the awards based on outstanding business performance in various industry sectors and determined by ALIS sponsors and delegates. This year's winners included:
Development of the Year 2013
- The 378-room Courtyard and 261-room Residence Inn New York Manhattan/Central Park in New York, NY, were developed by Harry Gross and managed by Interstate Hotels & Resorts.
Single Asset Transaction of the Year 2013
- A joint venture between Rockpoint Group and Ohana Real Estate sold the 354-room Bacara Resort and Spa in Santa Barbara, CA, to Pacific Hospitality Group for $185 million.
Merger & Acquisition of the Year 2013
- BRE Select Hotels Corporation, an affiliate of Blackstone Real Estate Partners VII, acquired Apple REIT Six for $1.2 billion.
Jack A. Shaffer Financial Advisor of the Year 2013
- Jacques E. Brand, CEO of North America, Deutsche Bank.
Jack DeBoer, chairman, Value Place, was honored with the prestigious Lifetime Achievement Award.
Co-hosted by the American Hotel & Lodging Association (AH&LA) and Burba Hotel Network (BHN), the two-and-a-half-day ALIS event features an extensive array of seminars and panels hosted by leading experts and investors discussing important trends and identifying new opportunities. The conference attracts the lodging industry's leading hotel executives, investors, lenders, developers, and professional advisory community. Proceeds from ALIS benefit the educational, research, and training missions of the American Hotel & Lodging Education Foundation (AH&LEF), AH&LA's nonprofit affiliate. For information on the Foundation, visit www.ahlef.com.
Serving the hospitality industry for more than a century, the American Hotel & Lodging Association (AH&LA) is the sole national association representing all segments of the 1.8 million-employee U.S. lodging industry, including hotel owners, REITs, chains, franchisees, management companies, independent properties, state hotel associations, and industry suppliers. Headquartered in Washington, D.C., AH&LA provides focused advocacy, communications support, and educational resources for an industry generating $155.5 billion in annual sales from 4.9 million guestrooms.
AH&LEF is the charitable fund-raising and endowed fund-management subsidiary of the American Hotel & Lodging Association. Founded in 1953, AH&LEF is the premier organization for scholarships, professional certification, and instructional material as well as funding for hospitality industry research.
BHN is the worldwide leader in developing and organizing conferences for the hotel and tourism investment community. With more than two decades of experience, more than 100 events completed to date, and more than 80,000 international delegates, BHN conferences have become "must attend" events for industry leaders who come together to network, conduct business and to learn about the latest trends.
BHN events include the Americas Lodging Investment Summit (ALIS) in Los Angeles; the ALIS Summer Update; the Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami; the Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong; HICAP UPDATE in Singapore; the Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong; HICAP UPDATE in Singapore; the Hotel Investment Forum India (HIFI) in Gurgaon Delhi N.C. R.; the Hotel Opportunities Latin America (HOLA) conference in Miami, and the Hotel Investment Conference Europe (Hot.E) in London.
The BHN website at www.Burba.com is the gateway for information about the conferences BHN produces, as well as a direct link to important players in the hospitality investment world.