NEW YORK, April 15, 2015 /PRNewswire/ -- Loews Hotels
& Resorts, a wholly-owned subsidiary of Loews Corporation
(NYSE: L), today announced that it has completed the acquisition of
the 155 room Mandarin Oriental San Francisco Hotel, which has been
renamed the Loews Regency San Francisco. The Loews Regency
San Francisco joins the Loews Regency New York, creating a distinct
Luxury Brand, Loews Regency. The Loews Regency New York,
which recently underwent a $100
million renovation, has stood for easy elegance and bespoke
service since it opened its doors more than 50 years ago.
The Loews Regency brand will combine top-notch amenities and
conveniences, and will offer three distinctive qualities:
- Location - Situated in the most sought after locations
within a destination.
- Service - Approachable luxury with a personalized
style that is warm and engaging.
- Energy - Featuring vibrant lobby bars and lounges, as
well as a culture that exudes sophisticated, modern and comfortable
touch points. Additionally, each location will have its own
Power Breakfast. The famed Power Breakfast was first established in
New York and is now a storied
institution that attracts top professionals and celebrities to the
Loews Regency New York.
"The Loews Regency San Francisco coupled with the iconic Loews
Regency New York allows us to develop a new brand that really
concentrates on customers looking for an intimate luxury
experience," said Jonathan Tisch,
Chairman of Loews Hotels & Resorts.
Located in the heart of San
Francisco's Financial District, the Loews Regency San
Francisco is situated on the top floors of San Francisco's third-tallest office building,
showcasing uninterrupted views of San
Francisco and its bay. The hotel features 155 guest
rooms, the Brasserie S&P restaurant, over 5,000 square feet of
meeting space and a new 8,000 square foot spa and fitness
center.
With the addition of the Loews Regency brand platform, Loews
Hotels now operates three distinct brands – Loews Hotels &
Resorts, a leading brand in the upper-upscale category, Loews
Regency, within the luxury category and The OE collection, launched
earlier this year, is a management-based platform to support
existing or newly built independent hotels, mostly in the
upper-upscale and lifestyle categories.
Loews Regency San Francisco is the eighth addition to the Loews
Hotels portfolio announced over the past three years. Loews
Hotels opened the 400-room Loews Chicago Hotel on March 2nd and continues to seek to
grow its three brands in gateway cities and resort
destinations.
Loews Hotels & Resorts
Headquartered in
New York City, Loews Hotels &
Resorts has three distinct brands, Loews Hotels & Resorts,
Loews Regency and OE Collection. The company owns and/or operates
23 hotels and resorts across the U.S. and Canada, including the newly acquired Loews
Regency San Francisco, situated in the heart of San Francisco's Financial District and the new
400-room Loews Chicago which debuted downtown in March 2015. Loews Sapphire Falls Resort, the
fifth hotel in partnership with Universal Orlando, will open in
June 2016. Located in major city
centers and resort destinations from coast to coast, the Loews
portfolio features one-of-a-kind properties that go beyond Four
Diamond standards to delight guests with exciting, approachable and
local travel experiences. For reservations or more information
about Loews Hotels & Resorts, call 1-800-23-LOEWS or
visit: www.loewshotels.com.
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SOURCE Loews Hotels & Resorts