Thursday has brought news of prominent changes in executive suites at hotel companies in New York City and in the U.K.
In New York, Loews Hotels’ CEO Jonathan Tisch is stepping down from his post as CEO, while President Jack Adler is retiring after more than 20 years with the company. A search firm has been hired to find a single CEO/president.
Tisch, 57, the treasurer of the New York Giants and co-chairman of the 2014 Super Bowl Host Committee, will remain chairman of Loews Hotels and co-chairman of New York-based Loews Corp.
“Loews Corp. is committed to the hotel business and specifically to expansion as well as investing in our existing properties,” Tisch said.
In the U.K., multiple sources are reporting that Hotel du Vin and Malmaison Chief Executive Robert Cook is leaving to pursue new opportunities in the hospitality business. Cook has run the 26-property boutique hotel company since 2004.
Richard Balfour-Lynn, chief executive of the owning company MWB, said the timing is right for a successor to lead Malmaison’s entry into the international arena.