How will participants be judged?
Participants will be judged based on the financial feasibility of the project, the rigor of the analysis and their ability to persuade the judges to invest in the project. The judging panel will be a comprised of prominent industry leaders who are deal decision makers and/or investors. The representation may include but not be limited to brokers, hotel brand leaders, hotel management companies, asset managers, private equity firms, lending organizations, and attorneys. A preliminary round of judging will occur through an online platform the month prior to the live event.
This preliminary judging will select the top four teams to advance to the in-person final competition round. All of the teams are invited to attend, however, only the finalists will be required to travel to Washington, DC to present live, before the panel of judges. The participants are responsible for their own travel and accommodations.
Who is eligible to compete?
The She Has A Deal Hotel Pitch Competition purposefully targets female early careerists who have an interest in developing and/or owning hotels. Students currently enrolled in a degree program for hospitality management, real estate and related fields, as well as recent graduates, within two years post-graduation are eligible to compete. For the inaugural event, we anticipate a maximum capacity of 12 teams to compete. Each team may include 1-3 members.
Entering the Competition?
Register at SheHasADeal.com. There is a $250 Registration fee per each team member, which includes the 4-module education, as well as a ticket to the Awards Luncheon and an opportunity to win prizes.
What is the winning prize?
The winning team will earn $50,000 in cash to be escrowed as an equity investment in a hotel project!
If the winning team’s deal is viable, TLTsolutions will make an attempt to acquire the project and the winning team will win $50,000 as an equity investment in the hotel. The equity investment will be as a limited partner and the winners will receive all of the benefits of ownership of the asset, including annual cash flows and capital gains. The team members will have the option to participate in the investment process, and obtaining a role or shadowing and being mentored by the Founder of TLTsolutions throughout the project life cycle.
Additionally, each winning team member will receive complimentary registration to attend a hotel investment conference of their choice such as ALIS, Hunter, AAHOA, NYU, NABHOOD or Lodging, valued at $2,500. The second-place team members will each receive a cash award of $3,500 each and complimentary registration to attend a hotel investment conference.
Note: If the hotel investment pitch deal by the winning team is not attainable for any reason, the equity will be applied toward a comparable, feasible project sponsored by TLTsolutions.
When and where will the competition take place?
The She Has A Deal Hotel Pitch Competition will begin December 15th, 2019 with the 1st online education session, with the final session by February 7, 2020. First round submissions are due by March, 13, 2020. Finalists will be notified by March 27, 2020.
The competition will take place April 25, 2020 in Washington, D.C. where the (4) Final Teams will pitch in front of a live panel of judges during a morning session. We encourage all participants to attend this highly anticipated Industry Luncheon full of relationship building, resource sharing and motivation from our Keynote Speaker. Winners will be announced and all participants will be invited to a debriefing session which will occur on the day of the competition, receiving feedback on the submissions and presentations for learning purposes.
The Competition finals will be held in the Washington, DC area (venue TBD) on April 25th, 2020. The Competition Day will include the Presentations in the morning followed by a Debriefing with the Judges and an Awards Luncheon.