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L’Ermitage Beverly Hills Hotel named Single Asset Transaction of the Year (over US$25M) 2020 by at Americas Lodging Investment Summit

MEDIA RELEASE -- FOR IMMEDIATE RELEASE
Contact: Trisha Gregg, BHN
ALIS AWARD WINNERS ANNOUNCED
Hottest Investment Deals and Executives Honored at ALIS
Los Angeles, CA, July 29, 2021 – The Americas Lodging Investment Summit (ALIS), honored the executives and companies responsible for the most influential hotel industry deals in 2020 with the prestigious ALIS awards. The winners were announced at ALIS during the Money Morning plenary session at the JW Marriott/Ritz-Carlton Los Angeles L.A. LIVE on Wednesday, July 28, 2021.
The JW Marriott Savannah Plant Riverside District in Savannah, GA was named Development of the Year (Full Service) 2020 (includes branded and unbranded - luxury and upper upscale chain scales, and casinos). Finalists in this category also included the Montage Healdsburg in Healdsburg, CA and the One&Only Mandarina in Riviera Nayarit, Mexico.
Hyatt House & Hyatt Place in Chicago, IL was named Development of the Year (Select/Limited Service) 2020 (includes branded and unbranded - upscale, upper midscale, midscale, and economy chain scales). Finalists in this category also included the AC Hotel Little Rock Downtown in Little Rock, AR and the AC Hotel Fort Worth Downtown in Fort Worth, TX.
The L’Ermitage Beverly Hills Hotel in Beverly Hills, CA was named Single Asset Transaction of the Year (Over US$25M) 2020. Finalists in this category also included the Newport Beach Marriott in Newport Beach, CA and the Sheraton Downtown Phoenix in Phoenix, AZ.
The Killington Mountain Lodge in Killington, VT was named Single Asset Transaction of the Year (US$25M & Under) 2020. The TownePlace Suites by Marriott Macon Mercer University in Macon, GA was the other finalist in this category.
Arbor Lodging Partners’ acquisition of 12-Hotel Portfolio was named Merger & Acquisition of the Year 2020. Finalists in this category also included Oxford Capital Group, LLC’s acquisition of Five Properties from Greystone Hotels and Three Wall Capital’s acquisition of Eight TownePlace Suites from Services Properties Trust.
Gilda Perez-Alvarado, Global CEO, Hotels & Hospitality at JLL was named Jack A. Shaffer Financial Advisor of the Year 2020. Finalists in this category also included Alan Tantleff, Senior Managing Director, at FTI Consulting and Robert J. Webster, Vice Chairman & President, at CBRE Hotels Institutional Group, CBRE.
JP Ford chaired the ALIS Development of the Year committee, John R. Karver chaired the Single Asset Transaction of the Year committee, Michael Murphy chaired the ALIS Merger & Acquisition of the Year committee and Thomas J. Corcoran chaired the ALIS Jack A. Shaffer Financial Advisor of the Year committee.
Produced by Northstar Travel Group, in association with the American Hotel & Lodging Association (AHLA) and The BHN Group, 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. This year’s ALIS was moved to July 26-28, 2021 in response to the COVID-19 pandemic. The 2022 conference is expected to revert to its usual January timeframe as it is scheduled for January 24-26, 2022.
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Produced by Northstar Travel Group, in association with the American Hotel & Lodging Association (AHLA) and The BHN Group, 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. This year’s ALIS was moved to July 26-28, 2021 in response to the COVID-19 pandemic. The 2022 conference is expected to revert to its usual January timeframe as it is scheduled for January 24-26, 2022.
ABOUT NORTHSTAR TRAVEL GROUP (www.northstartravelgroup.com)
Northstar Travel Group is the leading B-to-B information and marketing solutions company serving all segments of the travel industry including leisure/retail, corporate/business travel, business and sports, incentives, hospitality, and travel technology. Northstar is the owner of well-known brands including Travel Weekly, TravelAge West, Travel Weekly China, Travel Weekly Asia, Business Travel News,Successful Meetings, Meetings & Conventions, Incentive, SportsTravel, M&C China, M&C Asia, Travel42, Axus Travel App, and Web in Travel. The company produces more than 80 face-to-face events in 13 countries in retail travel, hospitality, corporate travel, travel technology, sports travel, and the meetings & incentive industry with market leading events including The Meetings Show, Business Travel Show, TEAMS Conference & Expo, Global Travel Market Place and Cruiseworld. In addition, Northstar owns Phocuswright, the leading research, business intelligence, and event producer serving the travel technology industry. Northstar Travel Group is the leading producer of hotel investment events globally, including ALIS, the largest hotel investment conference in the world and HICAP, Asia Pacific’s most important annual investment conference. Northstar is also the majority shareholder in Inntopia, the leading SaaS e-commerce software, CRM database marketing and predictive analytics business serving the mountain destination, golf, activities, hospitality, and specialty destination travel markets. Northstar Travel Group is owned by funds managed by EagleTree Capital. For more information, visit northstartravelgroup.com.
ABOUT THE AMERICAN HOTEL & LODGING ASSOCIATION (AHLA)
Serving the hospitality industry for more than a century, the American Hotel & Lodging Association (AHLA) is the sole national association representing all segments of the 8 million jobs the U.S. lodging industry supports, including hotel owners, REITs, chains, franchisees, management companies, independent properties, bed and breakfasts, state hotel associations, and industry suppliers. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support, and educational resources for an industry that advances long-term career opportunities for employees, invests in local communities across the country and hosts more than one billion guests’ stays in American hotels every year. AHLA proudly represents a dynamic hotel industry of more than 54,000 properties that supports $1.1 trillion in U.S. sales and generates nearly $170 billion in taxes to local, state and federal governments. Learn more at www.AHLA.com.
ABOUT THE BHN GROUP
The BHN Group is the worldwide leader in developing and organizing conferences for the hotel and tourism investment community. With over three decades of experience, more than 160 events completed to-date, and in excess of 110,000 international delegates, these conferences have become “must attend” events for industry leaders who come together to network, conduct business, and to learn about the latest trends. The current slate of events include: the Americas Lodging Investment Summit (ALIS) in Los Angeles; ALIS Law in Los Angeles; ALIS Summer Update; Alternative Ownership Conference Asia Pacific (AOCAP) in Singapore; Caribbean Hotel & Resort Investment Summit (CHRIS) in Miami; Hotel Investment Conference Asia Pacific (HICAP) in Singapore; HICAP UPDATE; Hotel Opportunities Latin America (HOLA) conference in Miami; and HICAP Australia New Zealand (HICAP ANZ) in Sydney. The BHN Group’s website at www.Burba.com is the gateway for information about the annual conferences it produces, as well as a direct link to important players in the hospitality investment world.
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