Hotel Online
News for the Hospitality Executive


advertisement


Loews Hotels & Resorts Promotes Troy Furbay
to Chief Investment Officer

NEW YORK, NY - (February 21, 2013) - Loews Hotels & Resorts, a wholly owned-subsidiary of Loews Corporation (NYSE: L), today announced the promotion of Troy Furbay to Chief Investment Officer, responsible for leading the company’s property acquisitions, real estate development and capital raising.

Furbay, who joined Loews Hotels & Resorts in 2010, has played an integral role as the company continues to expand its brand.  Under his leadership, Loews has recently acquired hotels in Los Angeles, Washington, D.C. and Boston as well as hotels under construction in Chicago and Orlando.

“Troy and his team are playing a vital role as we focus on growing and expanding our portfolio,” said Paul Whetsell, President and CEO of Loews Hotels & Resorts.  “He has a proven track record of successfully closing deals including the addition of three key assets to the Loews brand in the past year.”

Prior to joining Loews, Furbay held the position of Senior Vice President of Acquisitions and Development for Kimpton Hotels, where he played an instrumental role in the company’s expansion through acquisitions, management contracts and joint ventures.  Earlier in his career, Furbay spent time with MeriStar Hotels and KPMG in development positions.  He started his hospitality career with Sheraton Hotels in 1990.

Furbay received his MBA in finance from Fordham University and resides in New York City with his wife and two children.

Loews Hotels & Resorts
Headquartered in New York City, Loews Hotels & Resorts owns and/or operates 20 hotels and resorts in the U.S. and Canada including the newly acquired Loews Madison Hotel located in the heart of Washington at the epicenter of legendary D.C. landmarks and the Loews Boston Back Bay Hotel, one of Boston’s preeminent historic buildings, situated on the corner of Berkeley and Stuart Streets. Located in major city centers and resort destinations in North America from coast to coast, the Loews portfolio features one-of-a-kind properties that go beyond Four Diamond standards to delight guests with a supremely comfortable, uniquely local and vibrant travel experience. For reservations or more information about Loews Hotels & Resorts, call 1-800-23-LOEWS or visit:  www.loewshotels.com

Like Loews Hotels & Resorts on Facebook: www.facebook.com/LoewsHotels
Follow Loews Hotels & Resorts on Twitter: www.twitter.com/loews_hotels
Watch Loews Hotels & Resorts on YouTube: www.youtube.com/LoewsHotels

Contact:

Lark-Marie Antón / Sarah Murov
Loews Hotels & Resorts
(212) 521-2779 / (212) 521-2495
lanton@loewshotels.com / smurov@loewshotels.com

Daly Gray
Chris Daly
(703) 435-6293
chris@dalygray.com


.
Receive Your Hospitality Industry Headlines via Email for Free! Subscribe Here 

To Learn More About Your News Being Published on Hotel-Online Inquire Here
 
Also See: Loews Hotels & Resorts Completes Acquisition and Rebranding of The Back Bay Hotel in Boston; The 225-room Property will Undergo an $8 Million Renovation / February 2013

Loews Hotels & Resorts to Purchase The Back Bay Hotel in Boston from The Doyle Collection; The Acquisition of the 225-room Hotel is Expected to Close in February 2013 / January 2013

Loews Hotels & Resorts and DRW Trading Group Begin Developement of the 400-room Loews Chicago Hotel; A January 2015 Opening is Planned / January 2013

Loews Hotels & Resorts and Universal Parks & Resorts Break Ground on Universal’s Cabana Bay Beach Resort; A 2014 Opening is Planned for the 900-key Property within the Universal Orlando Resort in Florida / January 2013

Loews Hotels & Resorts and MetLife Form Joint Venture in the Ownership of the 632-room Loews Hollywood Hotel in Los Angeles, California / December 2012

Loews Hotels & Resorts to Purchase the 356-room Madison Hotel in Washington, D.C. from Jamestown Properties; The Acquisition Closes in January 2013 / December 2012

Loews Hotels & Resorts Promotes David Wiener to Senior Vice President, Sales / November 2012

Jonathan M. Tisch, Chairman of Loews Hotels & Resorts, Calls on Policy Leaders to “Rise to the Challenge” and Build World-Class U.S. Infrastructure / October 2012

Loews Hotels & Resorts, Through Coordinated Effort With U.S. Department Of Homeland Security, Becomes First Brand to Offer Complimentary Enrollment to Global Entry and TSA PreCheck™ Program for its Elite Loyalty Members / September 2012

Universal Parks & Resorts and Loews Hotels & Resorts to Build On-Site Hotel Development at Universal Orlando; Scheduled for a 2014 Opening, The Cabana Bay Beach Resort will Include 900 Family Suites and 900 Standard Guest Rooms / July 2012

Loews Hotels & Resorts to Acquire the 632-room Renaissance Hotel & Spa in Hollywood, California from CIM Group; To Rebrand as the Loews Hollywood Hotel and Begin $26 Million Renovation in Late 2012 with Completion in Summer 2013 / June 2012

Shawn Hauver Named Vice President of Operations for Loews Hotels & Resorts / May 2012

Mark L. Ching Appointed as Executive Chef for the 440-room Loews Coronado Bay in San Diego, California / April 2012

Loews Coronado Bay in San Diego, California Appoints John Annicchiarico as Director of Marketing and Javaud Mushtaq as Director of Sales / April 2011

Loews Hotels Names Lark-Marie Antón as Vice President of Public Relations / January 2011

Loews Hotels Appoints Troy Furbay as Executive Vice President of Acquisitions & Developments / November 2010

Loews Hotels Appoints Debbie Castillo to Vice President of Hotel Sales / July 2010

Loews Santa Monica Beach Hotel Promotes Penny Vacanti to National Sales Manager / February 2009

Debi L. Besmer Named Director of Marketing at Loews Coronado Bay Resort / March 2005

Loews Hotels the Winning Bidder at a Court-Ordered Auction for the 440-room Loews Coronado Bay Resort / Dec 1999
.

To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome| Hospitality News
| Industry Resources

Please contact Hotel.Online with your comments and suggestions.