Dezeen promotion: the Radical Innovation Award is inviting designers, architects and entrepreneurs to submit innovative concepts that could "enliven" the hotel industry.

Now in its 12th edition, the Radical Innovation Award is an annual prize awarded by hospitality developer The John Hardy Group.

It celebrates big ideas for hotel accommodation in any country, and takes entries from both professionals and students.

The winner of the professional category will receive a $10,000 prize, while a runner-up will receive $5,000.

The student winner will receive a $1,500 prize and is offered the chance to pursue a two-year graduate assistantship in the Masters of Architecture programme at the University of Nevada, Las Vegas.

"We're proud to help bring game-changing concepts closer to fruition," said John Hardy, president and CEO of The John Hardy Group, and founder of Radical Innovation.

"Take ZOKU, the home-office hybrid that opened its doors in 2016 – that's the sort of success we try to emulate each year by rewarding our finalists with not only a cash prize, but the connections to make big things happen," he added.

Entries must be submitted online before 1 April 2018. These designs should be accompanied with a straightforward brief, renderings and a cost analysis detailing how the effort would be realised – they all need to be achievable within a three- to five-year time period.

There were five finalists in last year's competition, including an exotic treetop resort, a design gallery that doubles as a hotel, and accommodation inside shipping containers connected to the Hyperloop rail network.

Finalists are selected from the initial entries, and reviewed by a jury of industry experts within the hotel design, investment and operations industries.

They are flown to New York to present their ideas live at the Radical Innovation event, in October 2018.

The professional category is open to all, and applicants must pay an entrance fee of $200. Only currently enrolled full-time students may enter the student category, free of charge.

To submit your concept or find out more about the contest, visit the Radical Innovation Award website.