The HICAP Deals of the Year Awards

HICAP’s commitment to the regional hotel investment community extends beyond hosting networking events and conferences.

The HICAP Deal Of the Year Awards highlight the most dynamic deals and developments and honor the ongoing achievements of our industry’s leaders. Applications for the 2021 Deal of the Year Awards are open.

Reggie Shiu Development of the Year –
Nomination period is closed. The deadline for submissions was 31 August 2021

This Award recognizes the single development of the year representing the accomplishments of material market impact in a variety of ways including: overcoming challenges to completion, scale, innovation, quality, performance, and return on investment.

The Award is named after Reggie Shiu, formerly of Accor Asia Pacific and a pioneer of the regional hotel industry. Mr Shiu and most of his family perished tragically in the Asian Tsunami of 2005.

We welcome nominations from the entire industry. A select committee of industry peers then vote to create a shortlist of three deals, from which the final winner is determined by delegate votes immediately prior to HICAP.

General Guidelines for Reggie Shiu Development of the Year Qualification:
– Recognizes an outstanding single development – newly built, redeveloped or repositioned (after significant renovation or enhancement)
– All nominees must be located in Asia Pacific
– All nominees for Development of the Year must have opened between 1 September 2020 and 31 August 2021.


HICAP Deals of the Year –
Nomination period is closed. The deadline for submissions was 31 August 2021.

The HICAP Single Asset Transaction and Merger & Acquisition of the Year Awards are given to the transaction, merger or acquisition of the year representing the most significant and/or dynamic deals.

Nominations were open to the entire industry. A committee of industry peers votes to create a shortlist of three deals for each category, the final winners from which are determined by delegate votes immediately prior to HICAP.

Single Asset Transaction of the Year
The HICAP Single Asset Transaction of the Year Award recognizes hotel(s) and/or resort(s) in which more than a 50 percent ownership stake has been acquired (transaction closed) in Asia Pacific between 1 September 2020 and 31 August 2021.


M&A Deal of the Year
The HICAP Merger & Acquisition of the Year Award recognizes an acquisition of a controlling stake in a portfolio of hotels, company, or brand ownership entity in Asia Pacific or undertaken by an Asian-based company between 1 September 2020 and 31 August 2021.