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Benjamin Tisch

President, Chief Executive Officer & Director, Loews

Search every verified Benjamin Tisch interview, podcast appearance, and on-the-record quote β€” each transcript cross-checked by AI and human review to confirm speaker identity. In April 2021, Tisch described the recovery in the lodging industry as "a bit uneven," noting that resorts and high-end luxury properties were performing well while business travel, meetings, and international travel remained "problematic." He stated that Loews Hotels was "strongly encouraging" team members to get vaccinated and that the company was offering an extra day off as an incentive for those who became fully vaccinated. Tisch also said he was "very much pro-vaccination" and had received his first shot in December 2020. He mentioned that the company was in discussions with the Biden administration about reopening borders and avoiding mixed messaging, citing a discrepancy between State Department and CDC travel advisories. By November 2021, Tisch said the business was "coming back" with strong numbers in most markets, though he noted it would take time to return to 2019 levels. He attributed hiring difficulties to factors including the "Amazon effect" in some markets, where fulfillment centers offered higher wages, and said the company was offering incentives such as benefits for referring family members. Tisch stated that wages were rising on a market-driven basis and that the company was raising room rates where demand allowed. He expressed optimism about the return of business travel, citing JPMorgan Chase CEO Jamie Dimon's view that it would resume, and said that while the timeline was uncertain, the industry would eventually return to accustomed levels.

Selected quotes

Recent appearances

  • Loews Hotels CEO: Travel demand is getting there but could take a few years

    Jonathan Tisch, Loews Corporation co-chairman and CEO of Loews Hotels, joins 'Squawk Box' to discuss how the tight U.S. labor market is impacting the company. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Β» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision Β» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Β» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News wi…

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  • Loews Hotels CEO on reopening and Covid vaccine questions

    Jonathan Tisch, Loews Hotels chairman and CEO, joins 'Power Lunch' to discuss how hoteliers are reopening, the difficulties facing those overseas trying to book lodging in the U.S. and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Β» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision Β» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Β» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in busin…

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