<Table> <Tr> <Th_colspan="2"> 1st Academy Awards </Th> </Tr> <Tr> <Td_colspan="2"> The first Academy Awards was at The Hollywood Roosevelt Hotel . </Td> </Tr> <Tr> <Th> Date </Th> <Td> May 16, 1929 (1929 - 05 - 16) </Td> </Tr> <Tr> <Th> Site </Th> <Td> Hollywood Roosevelt Hotel Hollywood, Los Angeles, California, U.S. </Td> </Tr> <Tr> <Th> Hosted by </Th> <Td> Douglas Fairbanks </Td> </Tr> <Tr> <Th_colspan="2"> Highlights </Th> </Tr> <Tr> <Th> Best Picture </Th> <Td> Wings </Td> </Tr> <Tr> <Th> Most awards </Th> <Td> 7th Heaven and Sunrise: A Song of Two Humans (3) </Td> </Tr> <Tr> <Th> Most nominations </Th> <Td> 7th Heaven (5) </Td> </Tr> <Tr> <Td_colspan="2"> <Ul> <Li> </Li> <Li> Academy Awards </Li> <Li> 2nd → </Li> </Ul> </Td> </Tr> </Table> <Tr> <Th_colspan="2"> 1st Academy Awards </Th> </Tr>

When were the first academy awards held and what was the best film
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