Friday, November 7, 2014

Loews Hotels & Resorts Purchases Lowes Ventana Canyon Resort in Tucson, AZ Market


Jonathan Tisch
NEW YORK, NY  — Loews Hotels & Resorts, a wholly owned-subsidiary of Loews Corporation (NYSE: L), announced that the company completed the purchase of the of the 398-room Loews Ventana Canyon Resort, which has been managed by Loews Hotels since its opening in December 1984.  

Tucson’s Estes family will retain a minority ownership position in the resort.

Located in the Catalina Mountain range in the Sonoran Desert, Loews Ventana Canyon Resort has been highly regarded by locals, guests and meeting planners since its inception, receiving numerous awards and accolades.  Beginning in 2015, the resort will undergo a significant renovation to enhance the overall guest experience and maintain its presence in the Tucson marketplace.

“Loews Ventana Canyon Resort was the first hotel I developed from start to finish when I returned to Loews Hotels in the early eighties,” said Jonathan Tisch, Chairman, Loews Hotels & Resorts. 

Ventana Canyon Resort, Catalina Mountain Range,
Sonoran Desert, Tucson, AZ market
"Conceptualized and built almost 30 years ago, the Estes Company and Loews Hotels created an iconic resort that is still very much a part of the Tucson landscape and a classic property within our brand.  

"We look forward to containing the partnerships with the Estes family and the city of Tucson as we launch the next exciting phase of the resort.”






For a complete copy of the company’s news release, please contact:

Sarah Murov
Loews Hotels & Resorts                                                                                                 
(212) 521-2495
                                                               
Chris Daly (Media)
Daly Gray, Inc.

(703) 435-6293

No comments: