Executives and companies responsible for the most influential hospitality industry developments in 2012, will be honored during the Americas Lodging Investment Summit (ALIS), January 22-24 at the JW Marriott and NOKIA Theatre at L.A. LIVE. Nominees are considered for the awards based on outstanding business performance in various industry sectors. The 2012 awards finalists include:
Development of the Year 2012
The 463-room Conrad New York in New York, NY, developed for an undisclosed amount by Goldman
Sachs and managed by Hilton Hotels and Resorts.
The 156-room 21c Museum Hotel in Cincinnati, OH, developed at a cost of $51 million by 21c Museum Hotels and managed by 21c Museum Hotels.
The 268-room Hotel Monaco in Philadelphia, PA, developed at a cost of $88 million by Kimpton Hotels and managed by Kimpton Hotels.
Single Asset Transaction of the Year 2012
The Trump Organization purchase of the 693-room Doral Golf Resort & Spa and additional real estate opportunities in Miami, FL, for $150 million, or approximately $216,000 per room from MSR Resorts Golf Course.