NEWS

ALIS Award Winners Announced

John C. Portman, Jr., recipient of the ALIS Lifetime Achievement Award.

At the Americas Lodging Investment Summit (ALIS) awards luncheon held in San Diego on January 25th, executives and companies responsible for the most influential hotel industry deals in 2010 were honored with prestigious ALIS awards. Nominees are considered for the awards based on outstanding business performance in various industry sectors and determined by ALIS sponsors and delegates. This year’s winners included:

Development of the Year 2010

•  The 878-room JW Marriott, 123-room Ritz-Carlton and 224 Ritz-Carlton Residences at the Marriott Complex at L.A. LIVE – Los Angeles, California, developed at a cost of $1 billion by the Anschutz Entertainment Group and managed by Marriott International, Inc.

Single Asset Transaction of the Year 2010

• Omni Hotels & Resorts purchase of the 249-room Amelia Island Plantation – Amelia Island, Florida, for $67.1 million or approximately $269,000 per room at bankruptcy auction, from Amelia Island Company.

Merger & Acquisition of the Year 2010

•  A consortium led by Centerbridge Partners, Paulson & Co., and The Blackstone Group completed the acquisition of Extended Stay Hotels for approximately $3.9 billion.

Jack A. Shaffer Financial Advisor of the Year 2010

•  Robert J. Webster, Managing Director, Hodges Ward Elliott John C. Portman, Jr., chairman of John Portman & Associates, Inc., Portman Holdings, LLC, and

AmericasMart, also was honored with the prestigious Lifetime Achievement Award.

Co-hosted by the American Hotel & Lodging Association (AH&LA) and Burba Hotel Network (BHN), the two-and-a-half-day ALIS event features an extensive array of seminars and panels hosted by leading experts and investors discussing important trends and identifying new opportunities. The conference attracts the lodging industry’s leading hotel executives, investors, lenders, developers, and professional advisory community. Proceeds from ALIS benefit the educational, research, and training missions of the Educational Institute (EI) of the American Hotel & Lodging Education Foundation (AH&LEF), AH&LA’s nonprofit affiliate. AH&LA is the sole national association representing all sectors and stakeholders in the lodging industry, including individual hotel property members, hotel companies, student and faculty members, and industry suppliers. AH&LA is headquartered in Washington, D.C.

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