NEW YORK — Loews Hotels & Co, a wholly owned subsidiary of Loews Corporation, has announced that Alex Tisch will assume the role of president for the company.
In his new role, Tisch will work closely with Jonathan Tisch, chairman and Chief Executive Officer of Loews Hotels & Co, along with the executive leadership team, in developing and executing the company’s strategy, managing capital and resource allocation and overseeing general operational effectiveness. Additionally, he will continue to lead the Commercial, Acquisitions & Development and Loews Hotels at Universal Orlando Resort teams.
“It has been said that, in times of crisis, people are tested and that leadership shines through. As I think about the future of our organization and its leadership, it is the right time for Alex Tisch to assume the role of president of Loews Hotels & Co. His steady demeanor has added reassurance and confidence to our team members, partners and guests during a difficult time in our industry,” says Jonathan Tisch. “Over the last three years, Alex has helped shaped the future development and growth of our company. His judgement, thoughtfulness, analytic ability, strategic focus and congenial manner have served his teams and our company extremely well.”
Alex Tisch joined Loews Hotels & Co in June 2017 from Loews Corporation, where he was a vice-president. Over the last three years, he’s led the creation and execution of the hotel company’s growth strategy, further strengthened the company’s partnership with Comcast NBC Universal in Orlando, Fla. and developed a more agile, dynamic and data-driven approach for the organization’s commercial group.
Alex Tisch is credited with growing the company’s Immersive Destinations area of focus, which led to properties that are branded collaborations with built-in demand generators. In doing so, he’s helped cultivate successful strategic partnerships with municipalities, developers, themed entertainment ventures and sports franchises to create unique hotel offerings — ultimately increasing the Loews Hotels & Co footprint.
“Being able to continue to shape the growth of Loews Hotels & Co, a company that my family began over 70 years ago, is remarkably rewarding,” says Alex Tisch. “Loews Hotels is fortunate to have some of the greatest team members in the industry and, when combined with our strong reputation and differentiated strategy of being an owner and operator, we have a tremendous opportunity to create value for our parent company and shareholders, while providing a rewarding work environment for our team members and memorable experiences for our guests. Together, with the terrific team in place, I know the Loews culture will remain front and centre as we navigate these challenging times and build toward a brighter future.”