From L to R: David Neff, ISHC Chairman, Perkins Coie LLP; Ian Schrager, Recipient of the 2017 Pioneer Award, Ian Schrager Company; Andrea Belfanti, ISHC Executive Director; John Fareed, ISHC President, Horwath HTL. — Photo by ISHC

The International Society of Hospitality Consultants (ISHC), the leading source for global hospitality expertise, presented hospitality legend Ian Schrager with the prestigious Pioneer Award for his revolutionary impact on the hospitality industry.

For over five decades, Ian Schrager set an unrivalled standard for hospitality, real estate and nightlife. Throughout his illustrious career, Schrager not only changed nightlife with Studio 54, but also pioneered the design-forward boutique boom and achieved international recognition for concepts such as: "lobby socializing", "the hotel as home away from home", "the hotel as theatre", "cheap chic", "the indoor/outdoor lobby", "the urban resort", and "the urban spa" that have revolutionized the entertainment, residential and hospitality industries.

With the new opening of Schrager's private label, PUBLIC Hotels, several luxury residential projects under development in New York City and over 20 EDITION hotels around the world in the pipeline under his partnership with Marriott, now is the ideal time to celebrate his groundbreaking five decades in business.

Schrager was presented the Pioneer Award at the Americas Lodging Investment Summit (ALIS), the largest hotel investment conference in the world attended by nearly 3,000 of the hospitality industry's leading hotel executives, investors, lenders, developers and professional advisory community.

During the award presentation, David Neff, Chairman of ISHC, had the opportunity to interview Ian about his illustrious career and had this to say about him, "ISHC created the Pioneer Award over 20 years ago to recognize those who have made an outstanding contribution to the hospitality industry. This year's recipient, Ian Schrager, is someone who has had such an incredible impact on the hospitality industry over the span of his career. I was honored to interview such a visionary. What great insights he had to share with us all."

The Pioneer Award was established in 1996 by ISHC to recognize one individual each year for making an outstanding contribution, achievement and or improvement in the hospitality industry. Winners are selected based on three criteria: active involvement in the industry, their contribution to the industry, and personal/organizational attributes and qualities. In addition to their contribution, the individual or organization, on a consistent basis possesses certain attributes and adheres to professional standards, which are recognized and respected by his/her peers.

About ALIS

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.org.

About the American Hotel and Lodging Association

Serving the hospitality industry for more than a century, the American Hotel & Lodging Association (AHLA) is the sole national association representing all segments of the 8 million jobs the U.S. lodging industry supports, including hotel owners, REITs, chains, franchisees, management companies, independent properties, bed and breakfasts, state hotel associations, and industry suppliers. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support, and educational resources for an industry that advances long-term career opportunities for employees, invests in local communities across the country and hosts more than one billion guests' stays in American hotels every year. AHLA proudly represents a dynamic hotel industry of more than 54,000 properties that supports $1.1 trillion in U.S. sales and generates nearly $170 billion in taxes to local, state and federal governments. Learn more at www.AHLA.com.

About the American Hotel & Lodging Educational Foundation
Founded in 1953, the American Hotel and Lodging Educational Foundation has spent 60+ years identifying, cultivating, and supporting the human talent, research, and initiatives most vital to the progress and prosperity of the lodging industry. The Foundation works in tandem with the American Hotel and Lodging Association (AHLA) to educate the future hospitality workforce, research trends and opportunities that will impact the sector, and empower the industry to grow stronger and faster. For more information visit: www.ahlef.org.

About BHN

BHN is the worldwide leader in developing and organizing conferences for the hotel and tourism investment community. With three decades of experience, over 130 events completed to-date, and more than 90,000 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; ALIS Law in Los Angeles; ALIS Summer Update; Alternative Ownership Conference Asia Pacific (AOCAP) in Singapore; Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami; Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong; HICAP UPDATE in Singapore; Hotel Investment Forum India (HIFI) in Mumbai; Hotel Opportunities Latin America (HOLA) conference in Miami; and 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.

About ISHC

The International Society of Hospitality Consultants is truly The Leading Source for Global Hospitality Expertise, represented by over two hundred of the industry's most respected professionals from across six continents. Collectively, ISHC members provide expert services in over fifty functional areas and have specialized skills in virtually every segment of the hospitality industry. ISHC is dedicated to promoting the highest quality of professional consulting standards and practices for the hospitality industry. Candidates undergo a rigorous screening process, ensuring that all ISHC members have a reputation of integrity and are qualified by their experience, training, and knowledge to develop and express sound judgment on industry issues. Additional information about the organization, along with a directory of ISHC members, is available on the ISHC website at ishc.com.

Lauren Marshall
Director of Membership & Marketing
+1 678 735 9453
ISHC