HICAP Reggie Shiu Development of the Year

About the Award
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 2021 and 31 August 2022. Development nominations are reviewed according to specific ranking criteria by the HICAP Reggie Shiu Development of the Year Award Committee to determine the three finalists. The finalist information is then reviewed and voted on by delegates of HICAP to determine the winner, whom will be announced at HICAP.

Ranking Criteria
Nominations are reviewed according to the following criteria, so it is important that each and every question is answered as comprehensively as possible:

- Budget: Was the project completed on budget?
- Complexity: Were there notable aspects of the project planning and completion that posed significant challenges to be overcome?
- Financing: Was there some novel or otherwise noteworthy aspects to the project financing arrangements?
- Innovative Design: Were there creative/unique design elements implemented?
- Market Sense: Is the completed project suited for its market environment and target customers?
- Performance: How has the initial performance been relative to the market and its intended positioning?
- Pioneering: Was the project developed in a new market or pioneering destination?
- Quality: Is the completed project noteworthy in the quality of its finished product (relative to its intended positioning)
- ROI: Is the expected return on investment attractive?
- Sense of Place: Is the completed project suited and incorporating/reflective of the local culture?
- Sustainability Initiatives: Were there any identifiable sustainability efforts/initiatives implemented?
- Timeliness: Was the project completed on time?

Nomination forms are due by 31 August 2022.
In case of any questions, please contact Robert Hecker, Committee Chair.


Nomination forms are due by 31 August 2022.
In case of any questions, please contact Robert Hecker, Committee Chair.