The Americas Lodging Investment Summit honored the executives and companies responsible for the most influential hotel industry deals in 2018.

The hotel will be part of Hilton's Curio Collection when the conversion is complete in 2020.

Proceeds from the loan will be used to take out the existing construction loan and provide working capital for the continued stabilization of the hotel.

One of the new Red Collection hotels is open in Times Square and two more are scheduled to open later this year in Brooklyn.

Involved in the design of the property were iu + bibliowicz Architects and Steinberg Hart.

Predicting the growth trajectory of growing markets is a challenge, which is why hotel companies should pay attention to how established markets are evolving.

Meyer Davis Studio designed the interiors, Thomas Doxiadis oversaw the architectural landscaping while Blu Spas handled the spa and fitness center.

Moxy has more than 35 hotels open in North America, Europe and Asia Pacific, and is opening new properties in Tennessee, Georgia and Kentucky.