Development of the Year 2022
The HOLA Development of the Year Award recognizes a newly built, redeveloped, or repositioned (after significant product renovations and/or enhancements) hotel that opened, reopened, or completed their repositioning in the Latin American region between January 1, 2022 and December 31, 2022. Development nominations are reviewed according to specific ranking criteria by the HOLA Development of the Year Award Committee to determine the three finalists. The finalists’ information is then reviewed and voted on by delegates of HOLA to determine the winner, whom will be announced at HOLA. Nominations were due by March 24, 2023.

Transaction of the Year 2022
The HOLA Transaction of the Year Award recognizes a hotel(s) and/or resort(s) in which more than a 50 percent ownership stake has been acquired (transaction closed) in the Latin American region between January 1, 2022 and December 31, 2022. Transaction nominations are reviewed according to specific ranking criteria by the HOLA Transaction of the Year Award Committee to determine the three finalists. The finalists’ information is then reviewed and voted on by delegates of HOLA to determine the winner, whom will be announced at HOLA. Nominations were due by March 24, 2023.