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Loews Hotels & Co

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Loews Hotels & Co
NameLoews Hotels & Co
IndustryHospitality
Founded0 1960
FounderRobert Tisch and Laurence Tisch
Hq locationNew York City, New York, United States
Num locations26 (2024)
Key peopleJonathan Tisch (Chairman)
ProductsHotels, resorts
Websiteloewshotels.com

Loews Hotels & Co is a prominent American hospitality company operating a collection of upscale hotels and resorts. Founded by the Tisch family, the company is a division of the diversified conglomerate Loews Corporation. Known for its "Universal Truths" service philosophy, the portfolio includes properties in major urban centers and premier resort destinations across North America.

History

The company's origins trace to 1960 when Robert Tisch and Laurence Tisch opened the first Loews hotel, the Loews Americana Hotel, in Bal Harbour, Florida. This venture marked the Tisch family's strategic expansion from their core holdings in Loews Theatres and the Lorillard Tobacco Company into the hospitality sector. A significant early milestone was the 1962 opening of the Loews Midtown Hotel in Manhattan, establishing a critical presence in New York City. Throughout the latter half of the 20th century, the company grew its footprint, developing landmark properties such as the Loews Anatole Hotel in Dallas and acquiring the historic Loews Santa Monica Beach Hotel in California. Leadership transitioned in the 1990s to Jonathan Tisch, who has since guided the firm's evolution into a modern, brand-focused operator.

Properties

The portfolio features distinctive properties in key gateway cities and leisure markets. Notable urban hotels include the Loews Regency New York Hotel on Park Avenue, a long-standing power center for political and business elites, and the Loews Philadelphia Hotel, housed in the historic PSFS Building. The company also operates significant convention properties like the Loews Chicago O'Hare Hotel adjacent to O'Hare International Airport and the expansive Loews Royal Pacific Resort at Universal Orlando Resort. Coastal and resort destinations are represented by assets such as the Loews Coronado Bay Resort in San Diego and the Loews Ventana Canyon Resort in Tucson, Arizona. Each property is designed to reflect its local environment while maintaining the company's service standards.

Brands and operations

Loews Hotels & Co operates primarily under its eponymous master brand, "Loews Hotels & Resorts," which encompasses the majority of its full-service properties. The company's operational philosophy is codified in its "Universal Truths," a set of core service principles emphasizing guest engagement. A significant operational partnership is with Universal Parks & Resorts, where the company manages several on-site hotels, including the Hard Rock Hotel at Universal Orlando and the Loews Portofino Bay Hotel. These Universal Orlando properties offer guests exclusive theme park benefits, blending hospitality with entertainment. The firm also provides management services for third-party owners, leveraging its expertise in luxury and meetings-focused operations.

Corporate affairs

The company functions as a wholly-owned subsidiary of the publicly traded Loews Corporation, a conglomerate with major interests in the insurance sector through CNA Financial and Diamond Offshore Drilling. Jonathan Tisch serves as Chairman, maintaining the Tisch family's active leadership since the company's founding. Corporate headquarters are located in New York City, sharing offices with its parent company. The firm's governance and strategic direction are closely aligned with the broader holdings of Loews Corporation, emphasizing long-term value and conservative financial management. Its operations contribute to the American Hotel & Lodging Association and other industry advocacy groups.

Notable events and partnerships

The company has been the site of significant political and cultural events, including hosting the 1992 presidential debate between Bill Clinton, George H. W. Bush, and Ross Perot at the Loews Theatre at The University of Richmond. It maintains a longstanding marketing alliance with Universal Studios, deeply integrated at Universal Orlando Resort. In 2007, Loews Hotels & Co partnered with the Academy of Motion Picture Arts and Sciences to become the official hotel partner for the Governors Awards ceremony. The company has also engaged in collaborations with culinary figures and institutions, such as the James Beard Foundation, to enhance its food and beverage offerings across the portfolio.