Troy Furbay Named Chief Investment Officer For Loews Hotels & Resorts
Furbay, who joined Loews Hotels & Resorts in 2010, has played an integral role as the company continues to expand its brand. Under his leadership, Loews has recently acquired hotels in Los Angeles, Washington, D.C. and Boston as well as hotels under construction in Chicago and Orlando.
Loews Hotels & Resorts, a wholly owned-subsidiary of Loews Corporation (NYSE: L), today announced the promotion of Troy Furbay to Chief Investment Officer, responsible for leading the company’s property acquisitions, real estate development and capital raising.
Furbay, who joined Loews Hotels & Resorts in 2010, has played an integral role as the company continues to expand its brand. Under his leadership, Loews has recently acquired hotels in Los Angeles, Washington, D.C. and Boston as well as hotels under construction in Chicago and Orlando.
“He has a proven track record of successfully closing deals including the addition of three key assets to the Loews brand in the past year.”
“Troy and his team are playing a vital role as we focus on growing and expanding our portfolio,” said Paul Whetsell, President and CEO of Loews Hotels & Resorts. “He has a proven track record of successfully closing deals including the addition of three key assets to the Loews brand in the past year.”
Prior to joining Loews, Furbay held the position of Senior Vice President of Acquisitions and Development for Kimpton Hotels, where he played an instrumental role in the company’s expansion through acquisitions, management contracts and joint ventures. Earlier in his career, Furbay spent time with MeriStar Hotels and KPMG in development positions. He started his hospitality career with Sheraton Hotels in 1990.
Furbay received his MBA in finance from Fordham University and resides in New York City with his wife and two children.
Headquartered in New York City, Loews Hotels & Resorts owns and/or operates 20 hotels and resorts in the U.S. and Canada including the newly acquired Loews Madison Hotel located in the heart of Washington at the epicenter of legendary D.C. landmarks and the Loews Boston Back Bay Hotel, one of Boston’s preeminent historic buildings, situated on the corner of Berkeley and Stuart Streets.
Logos, product and company names mentioned are the property of their respective owners.
- New 'Moons' Eclipse At Loews Hotels & Resorts
- Loews Corporation Hotel Division First Quarter 2013 Revenues Up 16.6%
- Jim McPartlin Named Managing Director For Loews Regency Hotel in New York
- Loews Chicago Hotel Celebrates Groundbreaking
- Constantine S. Dimas Named Senior Vice President, Asset Management For Loews Hotels & Resorts
- New Advisory Board Members Named by Leland C. and Mary M. Pillsbury Institute
- Richard (Dick) Friedman Named To Four Seasons Board
- Cory Chambers Named VP Revenue Generation Full-Service for White Lodging
- Bob Van Den Oord Named Managing Director for The Langham, Hong Kong
- VFM Leonardo Names Elana Palmer Vice President, Global Sales
