Loews Hotels & Resorts Promotes Monica Xuereb to Chief Revenue Officer
NEW YORK, NY - September 18, 2014 - Loews Hotels & Resorts today announced the promotion of Monica Xuereb to Chief Revenue Officer, responsible for supporting all revenue processes for Loews Hotels.
In her new role, she will lead the strategy for generating more efficient, predictable and profitable revenue in support of the brand's long- and short-term growth goals, along with developing a data-driven revenue management culture within the brand that expands to all revenue streams.
Xuereb joined Loews Hotels & Resorts in 2013 as Vice President of Revenue Management following a successful period of entrepreneurship supporting independent hoteliers and hotel groups such as Small Luxury Hotels of the World, Rosewood, Morgans and Dorchester Collection. Previously, she was Vice President of Revenue Management, International for The Ritz-Carlton Hotel Company, where she oversaw the yield strategies of 34 Ritz Carlton and Bvlgari Hotels in Europe, the Middle East and Africa, with over $1.5 billion in annual top line revenue.
"Under Monica's expert leadership we have established a revenue management culture which is helping us to achieve our financial objectives," said Paul Whetsell, President & CEO of Loews Hotels & Resorts. "In her new role Monica will look at total hotel revenue management and profitability, maximizing all revenue streams and channels throughout our system."
"I am excited to lead Loews Hotels into expanding Revenue Management practices beyond guest rooms, driving better integration and alignment between all revenue-related functions to focus on growing company profits and value." said Xuereb.
About Loews Hotels & Resorts
Headquartered in New York City, Loews Hotels & Resorts owns and/or operates 23 hotels and resorts across the U.S. and Canada, including two newly acquired Midwest locations - the Loews Minneapolis Hotel, situated in the heart of Minneapolis' entertainment district, and the Loews Chicago O'Hare Hotel, less than two miles from O'Hare Airport in the emerging city of Rosemont, Ill. The new-build, 400-room Loews Chicago Hotel will debut downtown in February 2015. Located in major city centers and resort destinations from coast to coast, the Loews portfolio features one-of-a-kind properties that go beyond Four Diamond standards to delight guests with exciting, approachable and local travel experiences. For reservations or more information about Loews Hotels & Resorts, call 1-800-23-LOEWS or visit: www.loewshotels.com.
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