ALIS Awards Finalists Announced

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. October 14, 2008

WASHINGTON, DC, January 16, 2007. The 2006 ALIS Awards finalists have been announced, with the winners to be unveiled during a luncheon on January 23, 2007, at the Americas Lodging Investment Summit (ALIS), Hyatt Regency Century Plaza in Los Angeles, Calif. The ALIS Awards are presented for outstanding performance: Jack A. Shaffer Financial Advisor, Merger & Acquisition, Single Asset Transaction, and Development of the Year. ALIS is co-hosted by the American Hotel & Lodging Association (AH&LA) and Burba Hotel Network (BHN).

The following is a list of finalists for each category:

---|Jack A. Shaffer Financial Advisor of the Year 2006

---|Jeffrey Horowitz, co-head global real estate and lodging investment banking, Merrill Lynch & Co.

--Devin Murphy, global head of real estate investment banking, Deutsche Bank

--Larry Wolfe, managing director, Eastdil Secured

Merger & Acquisition of the Year 2006

---|Nova Scotia Ltd., acquires Fairmont Hotels & Resorts for $3.7 billion

---|Hilton Hotels Corp., acquires Hilton International for $5.7 billion

---|Host Marriott Inc., acquires 33 hotels from Starwood Hotels & Resorts Worldwide for $4.1 billion

Single Asset Transaction of the Year 2006

---|MSD Capital and Rockpoint Group purchase of the 243-room Four Seasons Hualalai Resort and additional real estate opportunities in Kona, HI for $540 million from Kajima Corporation.

---|BentleyForbes Hospitality Group purchase of the 397-room Four Seasons Resort and Club Dallas at Las Colinas and additional real estate opportunities in Irving, TX for $230 million.

---|Strategic Hotels & Resorts, Kohlberg Kravis Roberts, and KSL Resorts purchase of the 679-room Hotel del Coronado and additional real estate opportunities in San Diego, Calif. for $745 million from CNL Hotels & Resorts, Kohlberg Kravis Roberts, and KSL Resorts.

Development of the Year 2006

---|The Embassy Suites Hotel in Honolulu, HI, a 219-room property, was the first hotel to open as part of a four city block redevelopment project called Waikiki Beach Walk. The $535 million project is being developed by Outrigger Enterprises Group of Honolulu.

---|The French Lick Hotel & Casino in French Lick, Ind., a 443-room property, was developed by Lauth Development of Indianapolis and the Cook Group of Bloomington, Ind., at a cost of $382 million.

---|The InterContinental Hotel in Boston, Mass., a 424-room property with 130 condominiums, was developed by EXTELL Development of New York City at a cost of $310 million.

In addition, John Q. Hammons, founder, chairman, and chief executive officer of John Q. Hammons Hotels & Resorts, LLC, will receive the Lifetime Achievement 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 Jonathon Zink, associate, BHN, at (714) 540-9300 or [email protected].