Time Inc., publisher of SB, IBI and its sister title, Motor Boat & Yachting magazine, has confirmed the location of the 10th Motor Boat Awards, sponsored for the fifth year by Pantaenius Sail and Motor Yacht Insurance.

The Motor Boat Awards 2016 will take place at the Rosewood London hotel on High Holborn on Monday, January 11. The ultra-luxury hotel opened in October 2013 after an £85m refurbishment and has since won numerous accolades and awards, including the Telegraph Ultratravel’s ‘Best New Hotel in the World 2014’.

On announcing the location, Simon Owen, publishing director of Time Inc., said: “Rosewood London will truly reflect the excitement of this anniversary event and we are looking forward to welcoming our VIP guests.

“I am proud that the Motor Boat Awards are now firmly established as the premier awards event of the European motor-boating scene.

“The format is the same today as it was when we launched in 2007 – to recognise and celebrate the very best in motor boat design and innovation.”

Anna Baum, international marketing director of Pantaenius, said: “We are once more very pleased to be able to contribute to this unique event. Besides the international character of the awards, the event represents a certain kind of elegance which can only be found in Britain. Our company has always been deeply connected to the country and its yachting community and for this reason my father decided 25 years ago to establish the first Pantaenius branch outside of Germany in Plymouth UK.”

The gathered audience of around 250 international VIPs will enjoy a gala dinner and awards presentation.

Winners in the 10 categories will be announced on the night by the evening’s hosts, Motor Boat & Yachting’s editor, Hugo Andreae, and deputy editor, Jack Haines.

Over recent years the international nature of the event has been reflected with winners from France, Germany, Holland, Italy, Sweden and the UK.

Invited guests include representatives of boat manufacturers and sales companies of selected finalists, sponsors and key industry personnel.

There will be a limited number of places that can be purchased for those wishing to be part of this memorable evening.