Rooms Hotels

Interview: Loews Chairman on Renovating the Hotel Brand

Excerpt from HOTELSMag.com

Jan 12, 2014 1:00 pm

Skift Take

Despite its size, Loews is a leader in the hospitality industry and provides clear signs both of the industry’s financial health and where the big chains are headed.

— Jason Clampet

Free Report: The Changing Business of Extended-Stay Hotels

It was two years ago when Tisch and his cousins charged with running what is now the smallest subsidiary of Loews Corp. decided it was time to up the ante, bring in an experienced and respected CEO in Paul Whetsell and grow the company further in U.S. gateways.

At the moment, the company is in the throws of completing a US$100 million top-to-bottom renovation of its flagship Loews Regency Hotel in New York before the Super Bowl comes to town in February, as well as building hotels in Orlando and Chicago, and renovating several others for a total capital investment of close to US$1 billion.

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