Industry Update
Appointment16 September 2020

Alex Tisch

Named President
At Loews Hotels & Co in New York - NY, USA

Alex Tisch

oews Hotels & Co, a wholly owned subsidiary of Loews Corporation (NYSE: L), announced today that Alex Tisch will assume the role of President. 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, prudently managing capital and resource allocation, and overseeing general operational effectiveness. Additionally, Tisch will continue to lead the Commercial, Acquisitions & Development, and the 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," said Jonathan Tisch, Chairman & CEO, Loews Hotels & Co. "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."

Tisch joined Loews Hotels & Co in June 2017 from Loews Corporation, where he was a Vice President. Over the course of the last three years, he has led the creation and execution of the hotel company's growth strategy, further strengthened the company's partnership with Comcast NBC Universal in Orlando, Florida, and developed a more agile, dynamic and data driven approach for the organization's commercial group.

Under his leadership, Tisch grew the company's Immersive Destinations area of focus, which led to properties that are branded collaborations with built in demand generators. In doing so, along with leveraging Loews Hotels & Co's expertise as an owner and operator, a key differentiator, he has helped cultivate successful strategic partnerships with municipalities, developers, themed entertainment ventures, and sports franchises to create unique hotel offerings. That work has, in return, increased the Loews Hotels & Co footprint, with new development projects in Arlington, Texas; St. Louis and Kansas City, Missouri; and Orlando, Florida.

Previously, Tisch worked at Credit Suisse, arranging leveraged buyout financings along with handling merger and acquisition advisories.

Tisch is a graduate of the University of Pennsylvania and received his MBA from the NYU Stern School of Business. He sits on the Board of Directors of the American Hotel & Lodging Association (AHLA), the New York City Police Foundation and the Global Lyme Alliance.

Loews Hotels & Co

Headquartered in New York City, Loews Hotels & Co is a hospitality company rooted in deep heritage in the hotel industry and excellence in service. The hospitality group encompasses branded independent Loews Hotels, and a solid mix of partner-brand hotels.
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