About the Award
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 2022 and 31 August 2023. Single Asset Transaction nominations are reviewed according to specific ranking criteria by the HICAP Single Asset Transaction of the Year Award Committee to determine three finalists. As explained in more detail within the nomination form, ranking criteria includes investment criteria, complexity of deal, unique challenges, and renovations/expansions. The finalist information is then reviewed and voted on by delegates of HICAP to determine the winner, who will be announced at HICAP.