ALIS Awards Hotel Investment Deals; Executives Honored
Thursday January 30th, 2014 - 10:02AM VW0
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LOS ANGELES—At the recent Americas Lodging Investment Summit (ALIS) awards luncheon, executives and companies responsible for influential hotel industry deals in 2013 were honored with ALIS awards.
Nominees are considered for the awards based on outstanding business performance in various industry sectors and determined by ALIS sponsors and delegates.
This year’s winners included:
Development of the Year 2013—The 378-room Courtyard and 261-room Residence Inn New York Manhattan/Central Park in New York, NY, were developed by Harry Gross and managed by Interstate Hotels & Resorts.
Single Asset Transaction of the Year 2013—A joint venture between Rockpoint Group and Ohana Real Estate sold the 354-room Bacara Resort and Spa in Santa Barbara, CA, to Pacific Hospitality Group for $185 million.
Merger & Acquisition of the Year 2013—BRE Select Hotels Corporation, an affiliate of Blackstone Real Estate Partners VII, acquired Apple REIT Six for $1.2 billion.
Jack A. Shaffer Financial Advisor of the Year 2013—Jacques E. Brand, CEO of North America, Deutsche Bank.
Jack DeBoer, chairman, Value Place, was honored with the Lifetime Achievement Award.
Tags: ALIS • Hospitality • Trade Shows • Personnel •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.