Loews Hotels Purchases Loews Ventana Canyon Resort

TUCSON, AR—Loews Hotels & Resorts, a wholly owned subsidiary of Loews Corporation, completed the purchase of the 398-room Loews Ventana Canyon Resort here, which has been managed by Loews Hotels since its opening in December 1984. Tucson’s Estes family will retain a minority ownership position in the resort.

Located in the Catalina Mountain range in the Sonoran Desert, Loews Ventana Canyon Resort is set to undergo a significant renovation.

“Loews Ventana Canyon Resort was the first hotel I developed from start to finish when I returned to Loews Hotels in the early ’80s,” said Jonathan Tisch, chairman, Loews Hotels & Resorts. “Conceptualized and built almost 30 years ago, the Estes Company and Loews Hotels created an iconic resort that is still very much a part of the Tucson landscape and a classic property within our brand. We look forward to containing the partnerships with the Estes family and the city of Tucson as we launch the next exciting phase of the resort.”