THIS MORNING WITH JANET NAPOLITANO
Want to get a jump start on upcoming deals? Meet the major New York City players at one of our upcoming events!
|Bisnow was on hand this morning in Manhattan as Loews Hotels & Resorts CEO Paul Whetsell, US Secretary of Homeland Security Janet Napolitano, Loews chairman Jonathan Tisch, and US Customs and Border Protection deputy commissioner David Aguilar announced a new public-private partnership between Loews— which owns 18 hotels across the US, including The Loews Regency Hotel—and the government. Loews is the first hotel company to partner with the DHS for its Trusted Travelers Network, which allows for expedited screening at airports. (Loews will be offering its top customers complimentary enrollment in the program, which normally costs $100 for five years, and among other things, allows you to keep your shoes on.) Paul says Loews is seeking to further expand in gateway cities (most recently with the June acquisition of the former 632-room Renaissance Hotel & Spa in Hollywood, Calif., the start of its program to double its portfolio over the next three to five years) and is spending $200M to upgrade its hotels.|