Skift Take
Soon, two out of every three rooms in the Loews Hotels chain will be in either Texas or Florida.
Loews Corp., the parent of the Loews Hotels chain, detailed on Monday the extent of its financial commitment to expanding in two key states — Texas and Florida — where it's building four hotels.
Loews Hotels said it had made an equity investment of nearly $435 million in these four soon-to-open hotels, and put together nearly $600 million in debt and partner equity.
On February 13, Loews Hotels will ope