The hosts of HIFI have announced the winners of the inaugural Deal of the Year awards.  HIFI is hosted by Burba Hotel Network (BHN) and Horwath HTL and is taking place January 11-13, 2012, at The Renaissance Mumbai Convention Centre Hotel in Mumbai, India.

In the category of Development of the Year under Rs 2bn (opened November 2010 - October 2011), the winner is The Vivanta by Taj Dal View, Srinagar.  With 82 rooms, this project was developed at a cost of Rs 820 mn, owned by SAIFCO Hill Crest Hotels Pvt Ltd, and operated by Indian Hotels Company Ltd.  Nominees in this category included The Aloft Singanallur, Coimbatore; The Eaton Smart, New Delhi; The Ramada Gurgaon Central, Gurgaon; and The Red Fox Hitech City, Hyderabad.

In the category of Development of the Year over Rs 2bn (opened November 2010 - October 2011), the winner is The Leela Palace, Chanakyapuri, New Delhi.  This 260 room hotel is owned and operated by Hotel Leelaventure Limited.  Nominees in this category included the Hilton New Delhi – Noida – Mayur Vihar; The Hyatt Regency, Chennai; The Oberoi, Gurgaon; and The Vivanta by Taj Yeshwantpur, Bangalore.

HIFI brings together the leaders in the hotel industry to discuss important trends in India, to network, to identify new opportunities, and to do deals through a combination of plenary sessions, breakout panels, and interactive workshops.