Jan 8, 2018
Today the Americas Lodging Investment Summit (ALIS) announced its
finalists for the prestigious ALIS Awards. Among these finalists are
executives and companies who are responsible for the most influential
hotel industry deals in 2017.
The winners will be announced on Wednesday, January 24th, during the
ALIS conference, which runs from on January 22-24, 2018 at the JW
Marriott and Microsoft Theater at L.A. LIVE. Nominees for the awards are
evaluated based on outstanding business performance in various industry
In the category of Development of the Year (Full Service) 2017 (includes branded and unbranded – luxury and upper upscale chain scales, and casinos), the finalists are:
- InterContinental Downtown Los Angeles – Los Angeles, CA
The 889-room InterContinental Los Angeles Downtown hotel was developed
by Hanjin International Corporation/Korean Air and is managed by
InterContinental Hotels Group (IHG).
- Marriott Marquis Chicago – Chicago, IL
The 1,205-room Marriott Marquis Chicago was developed by Metropolitan
Pier and Exposition Authority (MPEA) Chicago for US$455 Million and is
managed by Marriott International.
- Waldorf Astoria Beverly Hills – Beverly Hills, CA
The 170 room Waldorf Astoria Beverly Hills was developed by Oasis West
Realty for an undisclosed amount. The property is managed by Hilton
In the category of Development of the Year Select/Limited Service 2017 (includes branded and unbranded – upscale, upper midscale, midscale, and economy chain scales), the finalists are:
- Canopy by Hilton & Hyatt House Washington DC/The Wharf – Washington, DC
The 412-room total Canopy/Hyatt House was developed by Hoffman Madison
Waterfront for US$194 Million and is managed by Concord Hospitality
- Moxy Times Square New York, NY
The 612-room Moxy Times Square was developed by a partnership between
Lightstone and Marriott International for US$350 Million and is managed
by Magna Hospitality Group.
- YOTEL Boston – Boston, MA
The 326-cabin hotel was developed for US$97 Million by Wheelock Street Capital LLC and is managed by YOTEL.
In the category of Single Asset Transaction of the Year (US$25M & Under) 2017, the finalists are:
- Blantyre Resort – Lenox, MA
Blantyre Ventures acquired the 23-room luxury Blantyre Resort from Fitzpatrick Holdings for US$7 Million.
- Staybridge Suites Houston Medical Center – Houston, TX
Midas Hospitality purchased the 120-room Staybridge Suites Houston
Medical Center from Pride Management, Inc. for US$21.6 Million.
- The Stiles Hotel – Miami Beach, FL
Blue Road purchased the 57-room boutique hotel from Carlyle Group for US$17.5 Million.
In the category of Single Asset Transaction of the Year (Over US$25M) 2017, the finalists are:
- Alohilani Resort Waikiki Beach – Honolulu, HI
CommerzReal acquired a majority interest in the 839-room Alohilani
Resort Waikiki Beach from Highgate Capital Investments in an off-market
sale for US$525 Million.
- The Ritz-Carlton Bacara, Santa Barbara – Goleta, CA
A joint venture between Carey Watermark Investors Inc. and Carey
Watermark Investors 2 Inc. (collectively “CWI”) acquired the 358-room
The Bacara Resort & Spa (converted to The Ritz-Carlton Bacara, Santa
Barbara) from Pacific Hospitality Group for US$380 Million.
- The Standard High Line – New York, NY
Gaw Capital acquired the 338-key The Standard High Line from Dune Real
Estate Partners and Greenfield Partners for an undisclosed price.
In the category of Merger & Acquisition of the Year 2017, the finalists are:
- An affiliate of KSL Capital Partners and KKR acquired Apple Leisure Group from Bain Capital Private Equity for an undisclosed sales price.
- RLJ Lodging Trust acquired FelCor Lodging Trust in an all-stock transaction that equated to approximately US$2.7 Billion.
- Wyndham Hotel Group acquired AmericInn for US$170 Million.
In the category of Jack A. Shaffer Financial Advisor of the Year 2017, the finalists are:
- Jeffrey Davis, International Director, Jones Lang LaSalle
- Douglas P. Hercher, Principal and Managing Director, RobertDouglas
- Daniel C. Peek, Sr. Managing Director – Head of the Global Hospitality Group, HFF
Program and registration information is available via the ALIS
website, www.ALISconference.com. For general event information and
sponsorship opportunities, visit the sponsorship page.
Produced by Northstar Travel Group, in association with 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.
# # #
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Conference Asia Pacific (AOCAP) in Singapore; Caribbean Hotel &
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