“We will be aggressive in our pursuit of new and existing hotel and resort properties to grow our portfolio,” Whetsel said. “Loews has a long tradition of owning and operating high-quality properties and delivering great guest experiences. Our objective is to further develop the brand while producing superior financial operating results for our owners and investors.”
Troy Furbay, executive vice-president, Acquisitions and Development added that the company is looking for hotels in Chicago, Boston, Washington DC, San Francisco, Dallas, Seattle, New York and Toronto.
The N.Y.C.-based Loews Hotels & Resorts owns and/or operates 18 hotels and resorts in the U.S. and Canada.
