Loews Hotels & Co, has announced that Alex Tisch will assume the role of CEO, effective Jan. 1, 2023. In his new role, Alex will continue to work closely with Jonathan Tisch, who will become Executive Chairman, while remaining a member of the Office of the President and Co-Chairman of the Board of Loews Corporation.
As President and CEO, Alex Tisch will oversee the day-to-day operations of the company, as well as the development and execution of the organization’s strategy and the management of capital and resource allocation.
“Since joining Loews Hotels & Co, Alex has not only brought a strong strategic lens to the acquisitions & development and commercial disciplines, but also cultivated successful strategic partnerships internally and externally,” said Jonathan Tisch. “As we look ahead, under Alex’s leadership and direction, Loews Hotels & Co will continue to be a leader within the industry and strive to be an employer of choice amongst our team members.”
Alex came to Loews Hotels & Co in June of 2017 and took on the role of President in September of 2020. Over the course of the past five years he has been an integral part of the creation and execution of the company’s strategic plan, leading the $2.5 billion dollar re-defined growth strategy and expansion, honing in on Loews’ leverage of being an owner, operator and developer of hotels.
The revitalized approach focuses on core Loews opportunities and immersive destinations, which are branded collaborations with built in demand generators. Alex oversaw the additions to the portfolio of Live! by Loews – Arlington, TX in 2019, Live! by Loews – St. Louis in 2020, Universal’s Endless Summer Resort, in 2020 and Loews Kansas City, in 2020. Loews Hotels & Co has two additional developments underway, Loews Coral Gables, opening Nov. 3 and the 888-room Loews Arlington Hotel, opening in Q1 2024.