Deadline for nominations is 30 January 2019 with finalists announced 12 February
HotStats, the global leader in monthly profitability data benchmarking for the hotel industry, is the 2019 sponsor of the HAMA Europe Asset Management Achievement Award, to be awarded in March, during the International Hotel Investment Forum (IHIF), at the InterContinental Hotel Berlin.
The award, which recognises exemplary work in asset management initiatives within the hospitality industry, will be presented on March 4, during the conference’s general session.
The award is co-presented by HAMA Europe and Questex Hospitality Group.
“HotStats is proud to be associated with IHIF and the Hospitality Asset Managers Association (HAMA),” said Pablo Alonso, CEO of HotStats. “As a company focused on delivering bottom-line results to hotels through a unique brand of profitability data, we can’t think of a better award to be connected with, as it shows excellence in optimizing operational performance, which is at the heart of HotStats’ mission.”
The HAMA Europe Asset Management Achievement Award was created to acknowledge a hotel project that, through innovative measures, maximised the return on investment for owners by not only growing the asset value, but optimizing future cash flow.
“As the hospitality industry has become infinitely more complex, investors and operators are in a race to keep up, let alone excel in operating their hotels for guest satisfaction and asset profitability,” said Alexi Khajavi, Managing Director of EMEA Hospitality + Travel Group, Questex. “The HAMA Europe Asset Management Achievement Award was launched at IHIF to recognise the leaders and highlight best practices in hotel asset management. We are delighted to have HotStats joining Questex and HAMA at IHIF. As the industry’s foremost benchmarking tool for hotel profitability, it’s a natural fit that HotStats would support this award.”
Last year’s winner of the award was Global Holdings Management for the restored Pulitzer Amsterdam.
Entrants are invited to submit applications for one of three categories: Best Value Add Strategy, Best Sustainability Strategy, Best Repositioning Strategy.
There will be one winner announced within each category, and one overall winner. The deadline for nominations is the 30th of January 2019, with finalists announced on 12 February.
For further information on IHIF and to submit an application for the HAMA Europe Asset Management Achievement Award, visit www.berlinconference.com.