Loews Hotels & Co celebrated the momentous occasion with some of Arlington's top figures.
According to a press release, Loews Hotels & Co, known as the entertainment capital of North Texas, welcomes 48.9 million visitors annually, creating an estimated economic impact of $1.4 billion and welcomes tourists for entertainment options including sports teams, theme parks, shopping, hotels, and restaurants. To further entice visitors and solidify Arlington as a top travel destination, Loews Hotels & Co. announced it has broken ground on the new $550 million Loews Arlington Hotel and Convention Center, expected to open in 2024.
Executives of the organization were joined by community leaders and prominent business figures from Arlington's highest levels. The list included, "Arlington Mayor Jim Ross, former Mayor Jeff Williams, Chairman & Managing Partner of the Texas Rangers Ray Davis, The Cordish Companies, The Cordish Companies’ Director of Communications, Cari Fuhrman, along with members of the Arlington City Council."
The tourism industry was perhaps hit the hardest when COVID-19 spread around the globe. However, as we navigate through 2021, industry experts report that 56% of Americans say they are likely to travel for a vacation this year. The celebratory groundbreaking reflects the spirit of optimism cities across the country are experiencing as tourism slowly returns to normalcy.
"Loews Arlington Hotel and Convention Center will allow us to capitalize on what we do best – combine a unique meetings and events destination with a best-in-class leisure resort," Jonathan Tisch, Chairman & CEO, Loews Hotels & Co said in the release. "This significant investment further underscores our confidence and commitment not only in the great City of Arlington, Texas but also in the strength of the travel and tourism industry and our belief in the recovery of post-pandemic travel."
The venue will quickly prove to be more of an entertainment destination versus a traditional hotel.
"Loews Arlington Hotel and Convention Center sits between Globe Life Field and AT&T Stadium and will offer access to the 300-room Live! By Loews via a Sky Bridge, with the two hotels combining to offer nearly 1,200 guest rooms and more than 300,000 square feet of meeting and event space."
Looking for more information?
Subscribe to our mailing list below by entering your email in the 'subscribe form!'