ALIS Award Finalists Announced

• 
  SAVE
• 
  SHARE
• 
  TEXT SIZE
• 
  PRINT
• 
  COMMENT
• 
  PDF

. October 14, 2008

WASHINGTON, DC, January 10, 2006. Winners of the Americas Lodging Investment Summit (ALIS) Awards for 2005 will be announced January 24, 2006, at the Hyatt Regency Century Plaza in Los Angeles, Calif. ALIS is Co-hosted by the American Hotel & Lodging Association (AH&LA) and Burba Hotel Network (BHN). The ALIS awards are presented for outstanding performance in four categories: Jack A. Shaffer Financial Advisor, Merger & Acquisition, Single Asset Transaction, and Development of the Year.

The following is a list of finalists for each category:

Jack A. Shaffer Financial Advisor

.Mark Elliott, senior managing director, Hodges Ward Elliott

.Mike Graziano, managing director, Goldman, Sachs & Company

.Lonny Henry, senior managing director, Bear, Stearns & Co., Inc.

Merger & Acquisition

.The Blackstone Group acquires Wyndham International for $3.24 billion

.Colony Capital acquires Raffles Holdings for $1.01 billion

.MGM Mirage acquires Mandalay Resort Group for $7.9 billion

Single Asset Transaction

.Thor Equities purchase of the 1,639-room Palmer House Hilton in downtown Chicago for $240 million (approximately $146,000 per room) from Hilton Hotels Corporation.

.Dubai Investment Group and Oxford Lodging Group purchase of the 605-room Essex House hotel in New York City for $440 million (approximately $730,000 per room) from SHCLLC II.

.JBG Companies and CIM Group purchase of the 1,334-room Marriott Wardman Park Hotel in Washington, D.C. for $300 million (approximately $225,000 per room) from Thayer Lodging Group.

Development of the Year

.The Residence Inn-Times Square in New York City, a 357-room property, was developed at a cost of $155 million by MG Hotel LLC.

.The St. Regis Hotel in San Francisco, Calif., a 260-room property, was developed by Starwood Hotels & Resorts Worldwide, Inc., Carpenter and Company of Boston, F.E. Jordan Associates, at a cost of $250 million.

.The Westin Bellevue in Bellevue, Wash., a 337-room property, was developed by Kemper Development Company at a cost of $81 million.

In addition, Michael D. Eisner, past chairman and CEO of The Walt Disney Company will receive the Lifetime Achievement Award, and Hasmukh (H.P.) Rama, chairman and CEO of JHM Hotels and former AH&LA Chairman, will receive the International Society of Hospitality Consultants (ISHC) Pioneer Award.

A complete list of ALIS speakers and online registration are available via the ALIS Website at www.ALISconference.com. For general event information and sponsor opportunities, contact BHN Associate Jonathon Zink at (949) 574-3900 or [email protected].

#

AH&LA is a 96-year-old dual membership association of state and city partner lodging associations throughout the United States with some 10,000 members nationwide, representing more than 1.3 million guest rooms. Headquartered in Washington, D.C., it provides members with advocacy on Capitol Hill, public relations and image management, education, research and information, and other services to ensure a positive business climate for the U.S. lodging industry. Individual state associations provide representation at the state level and offer many additional cost-saving benefits.

BHN brings together more than two decades of experience developing and organizing the world's most prominent gatherings of the hotel and tourism investment community. At these events (over 50 conferences completed and/or in development), the investment community has come together to network, conduct business and learn about the latest industry trends. They have become "must attend" events for those interested in investing in hospitality real estate. The BHN Web site at www.BURBA.com, is the gateway for information about the conferences BHN produces, as well as providing a direct link to important players in the hospitality investment world, including lenders, brokers, architects, designers and hotel industry-related organizations.

Enica R. Thompson

Manager of Media Relations

American Hotel & Lodging Association

1201 New York Avenue, NW, Suite 600,

Washington, DC 20005

Phone: 202.289.3153

Fax: 202.289.3128

www.ahla.com