Sheldon G. Adelson, the chairman of Las Vegas Sands Corp. (NYSE: LVS) and its majority-held subsidiary Sands China Ltd. (HKSE: 1928), was honored today by the Hotel Investment Conference Asia Pacific (HICAP) as he received the conference's prestigious Innovation Award.
HICAP is the largest and longest-running hotel investment conference in Asia and its Innovation Award recognizes and celebrates a person who has created uniquely innovative products, services, ideas, or processes which have expanded, enhanced, and advanced the hospitality and tourism industries in the Asia Pacific region and beyond.
"We are delighted to be presenting the HICAP Innovation Award to Mr. Adelson. He is a truly innovative leader and visionary," said Jim Burba, president of HICAP co-host BHN. "The Singapore and Macau resort projects, in particular -- are game changers for the hotel and tourism industry in the region."
"As an entrepreneur it is extremely satisfying to receive an award which celebrates innovation. Throughout my business career I have focused on challenging myself and those around me to test conventional wisdom and explore all alternatives in an effort to reach the best results," said Mr. Adelson.
"As a company, we appreciate the tremendous response our properties in Asia have received and we look forward to setting the bar even higher as we continue our current development plans and look to other opportunities in the region," concluded Mr. Adelson.
