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.

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.

The HICAP Reggie Shiu Development of the Year Award recognizes a newly built, redeveloped, or repositioned (after significant product renovations and/or enhancements) hotel opened, reopened, or completed their repositioning in Asia Pacific between 1 September 2024 and 31 August 2025. This award recognizes the single development of the year representing the accomplishments of material market impact in a variety of terms including overcoming challenges to completion, scale, innovation, quality, performance, and return on investment.

The HICAP Single Asset Transaction of the Year Award recognizes the most complex or innovative transaction in which more than a 50 percent ownership stake has been acquired (transaction closed) in respect of a hotel or resort in Asia Pacific between 1 September 2024 and 31 August 2025.

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 2024 and 31 August 2025.