Los Angeles, CA, January 28, 2015 – Executives and companies responsible for the most influential hotel industry deals in 2014 were honored with prestigious ALIS awards at the Americas Lodging Investment Summit (ALIS) awards luncheon today. 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 are:
Development of the Year 2014:
- The 1,175-room Marriott Marquis Washington, DC was developed by Quadrangle Development and Capstone Development, and is managed by Marriott International.
Single Asset Transaction of the Year:
- Thayer Lodging Group acquired the 998-room Diplomat Resort & Spa in Hollywood, Florida from the Plumbers & Pipe Fitters Pension Fund for $535 million in an off-market transaction.
Merger & Acquisition of the Year:
- Lone Star Funds acquired 38 hotels from Hyatt Hotels Corporation for an estimated $590MM.
Jack A. Shaffer Financial Advisor of the Year:
- Roy March, CEO, Eastdil Secured.
Bob Hazard, Former Chairman, CEO, and President (1980-1996) of Choice Hotels International and Former CEO, (1974-1980), Best Western International was honored with the prestigious Lifetime Achievement Award.
