The finalists for the 23rd annual Hotel Investment Conference Asia Pacific (HICAP) Awards for the categories Merger & Acquisition Deal of the Year, Reggie Shiu Development of the Year, and Single Asset Transaction of the Year have been declared. The award function will take place from October 10-12, 2012, at the InterContinental Hong Kong.
HICAP is hosted by BHN, Horwath HTL, and Stiles Capital Events.
The nominees for the HICAP Merger & Acquisition Deal of the Year Award are Accor/Ascendas Acquisition of Mirvac Hotel Interests in 2012; Pegasus Capital Acquisition of Six Senses Resorts & Spas in June this year; RECAP Acquisition and Consolidation of JHR REIT in November 2011; and Starhill Reit Purchase of Three Marriott Hotels in Australia in mid-2012.
Finalists for the Reggie Shiu Development of the Year Award are Hotel Sofitel So Bangkok - Bangkok, Thailand; InterContinental Danang Sun Peninsula Resort - Danang, Vietnam; and Palace Hotel Tokyo - Tokyo, Japan. The nominees for the Single Asset Transaction of the Year Award are Mövenpick Resort & Spa Karon Beach Phuket - Phuket, Thailand in July this year; Novotel Nathan Road Kowloon - Hong Kong, China in April 2012; and Shangri-La Hotel Sydney - Sydney, Australia in June this year.