CHRIS Recognizes Deal of the Year Award Winners

The Sheraton Puerto Rico Convention Center Hotel and Sandals Emerald Bay, The Bahamas

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. February 16, 2010

MIAMI, FL, USA - February 12, 2010 - The Caribbean Hotel Deal of the Year Award winners for 2009 were announced today at the Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami. Hosted by BHN, the inaugural CHRIS just concluded at the InterContinental Miami.

The Development Of The Year Award was presented to the Sheraton Puerto Rico Convention Center Hotel & Casino in San Juan, Puerto Rico. A 503-room, full service convention hotel, the Sheraton Puerto Rico Convention Center Hotel & Casino opened in November 2009 and is the first major hotel development in San Juan, Puerto Rico in the last decade. The convention hotel serves as the main anchor to the newly-built Puerto Rico Convention Center.

Along with the Sheraton Puerto Rico Convention Center Hotel & Casino, nominees for the CHRIS Development of the Year Award included the 132-room Banyan Tree Mayakoba in Playa del Carmen, Mexico; and the 166-room Viceroy Anguilla Resort & Residences in Anguilla, British West Indies.

The delegates of CHRIS voted for the winner from among a short listed nominee pool which was selected by a nominating committee of CHRIS sponsors and planning committee members.

Development team of new Sheraton Puerto Rico Convention Center Hotel & Casino. (From left) Jose Delgado, SVP Development Interlink; Hermand Mendez, EVP Construction, Interlink; Randall Ha, General Manager, Sheraton Puerto Rico Convention Center Hotel; Federico Sanchez, President, Interlink Group, Sheraton Hotel Developer; and Jerry Thoele, Interlink's Managing Director, Hospitality Division

The Transaction Deal of the Year Award winner was Sandals Emerald Bay, Great Exuma, The Bahamas. Emerald Bay is the latest addition to Sandals “Luxury Included” brand and includes 183 spacious oceanfront rooms, each with Butler service. The one mile of crescent-shaped beach is ideal for the resort's luxury all-inclusive format.

CHRIS focuses on hotel and tourism investment opportunities in the Caribbean and is being held annually in Miami, the financial and transportation gateway to the Caribbean region.

Visit http://www.chrisconference.com/ for more CHRIS information.

About the Host:
BHN is the worldwide leader in developing and organizing conferences for the hotel and tourism investment community. With more than two decades of experience, over 80 events completed or in production to-date, and more than 59,000 international delegates, BHN conferences have become “must attend” events for industry leaders who come together to network, conduct business and to learn about the latest trends. BHN events include: the Americas Lodging Investment Summit (ALIS) in San Diego; the ALIS Summer Update in Los Angeles; the Central America Tourism & Hotel Investment Exchange (CATHIE) to be held in El Salvador in 2010; the Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami; the Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong; HICAP Update Southeast Asia in Singapore; HICAP Update Japan in Tokyo; and the Hotel Investment Forum India (HIFI) in Mumbai. The BHN website is the gateway for information about the conferences BHN produces, as well as a direct link to important players in the hospitality investment world.