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Briefs: Loews develops in Texas; Ellison reportedly buys Hyatt in Tahoe

Loews breaks ground in Texas: Loews Hotels & Co, New York, held a groundbreaking event for the US$550 million, 888-key Loews Arlington Hotel and Convention Center in Arlington, Texas, which will include more than 200,000 square feet of meeting space inside the connected new Arlington Convention Center. The project marks Loews’ debut as a developer with more than US$240 million of its own equity in the project. Slated to open in early 2024, this is the second Arlington hotel for the company. [caption id="attachment_62577" align="aligncenter" width="600"] Hyatt Regency Lake Tahoe Resort, Spa and Casino[/caption] Ellison reportedly buys Hyatt in Tahoe: Lawrence…
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