Readers Advisory expert Becky Spratford has many posts on her blog, RA for All, detailing how to use literary awards in your readers advisory. I've linked to them and I strongly encourage you to read through them for some great insight on how they can help you as you assist readers in finding their next great read.
Recently the 2025 Hugo Award Finalists were announced. The 2025 Hugo Awards, will be presented on Saturday evening, August 16, 2025, at Seattle Worldcon 2025. They honor works of science fiction and fantasy. I find awards like this helpful as I don't read as much science fiction or fantasy compared to other genres. It's a great way to get insight as to what are the best works in those genres.
An example of using the awards in an online list can be found on the Chicago Public Library's website. Include nominees past works and short story collection in which the authors are included to add books to the display if you don't have all of them in your collection. You may find holes in your collection as you search for books which can be brought to your collection development librarians.
Beyond the current nominees, use the lists of past award winners and nominees to fill in your display. There are lists of winners for best novel on Goodreads.
Both WorldCon and the Hugo Awards are often enmeshed in controversy. Currently it's regarding the use of ChatGPT to vet participants. If you search you will find more. This is just a heads up if you choose to use the Hugos to promote your collection. Always know your community and use that as a guide as you work through ways to market your collection, services, and programs.
I would be amiss if I didn't point you to Montana State University Billings great LibGuide collection devoted to literary awards. Let it inspire your own efforts on whatever scale you can manage!