The organizers of HIFI have announced that the inaugural HIFI Deal of the Year awards will be presented at the conference, which is scheduled for January 11-13, 2012, at The Renaissance 

Mumbai Convention Centre Hotel in Mumbai, India. HIFI is hosted by Burba Hotel Network (BHN) and Horwath HTL.

The HIFI Deal of the Year awards will be presented in three categories; Development of the Year (under Rs. 2 Billion), Development of the Year (over Rs. 2 Billion) and Acquisition of the Year.  Developments must open and transactions closed between November 1st 2010 and October 31st 2011 to qualify for the awards.  

P.R. Srinivas is chairing the committee comprised of hotel industry leaders who will select, review, and nominate deals. Nominations will then be sent to the delegates of HIFI for voting, and the winners announced at the conference.  

“We’re very pleased to be adding three deals of the year awards to the upcoming conference. Development and investment activity continues to increase and these Awards will honor the most important and noteworthy deals in India,” said Jim Burba, president of BHN.