and concluded a $ 55-million renovation last year, is another example of a successful public-private partnership.)
Loews likes Arlington so much that it is dipping in for a third time. Earlier this year, it announced plans for Americana by Loews Hotels – Arlington, Texas, which pays homage to Loews’ first property in Bal Harbour. It is slated to open in 2029.
Live! by Loews- St. Louis, Mo. opened in 2020, located in Ballpark Village across from Busch Stadium, home of the St. Louis Cardinals.
To hear it from Tisch, Live! by Loews – Arlington, and another project that opened around the same time, the 800-room Loews Kansas City, which connects directly to the convention center, ended as strokes of genius, but started as strokes of luck.“ We stumbled upon them. Literally, like walking down the street and tripping and falling into these two great projects,” Tisch recalled.
These massive undertakings also proved a point, as Tisch framed it, that there is an inherent benefit of fully controlling an asset.“ I saw a really unique value proposition to grow this business into something really big,” he said.“ We took a step back and said,‘ Okay, because the whole world is going asset light doesn’ t mean we have to.’ You have a distinct competitive advantage in being an owner and operator.”
It was around this time when Tisch became more entrenched in the Loews Hotels business. Jonathan Tisch asked him to run the commercial and development aspects of the business, something that he didn’ t have experience in, but credits the people around him for helping him succeed.
Americana by Loews Hotels – Arlington, Texas( above), is expected to open in 2029 and will be the third Loews property as part of the Arlington Entertainment District, alongside Loews Arlington( below) and Live! by Loews Arlington( here).
SAME NEW PATH Though impossible to discount the lineal ties of succession at Loews Hotels, when asked what his biggest difference is as a leader compared to Jonathan Tisch, Alex Tisch prefers to answer in a manner that makes clear how both their styles run complementary.“ We both understand
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