Loews Hotels & Resorts, a subsidiary of Loews Corp., has purchased The Back Bay Hotel from The Doyle Collection. The acquisition is expected to close in February. Terms of the deal were not disclosed.
"Boston is one of the most vibrant markets in the U.S., and an excellent city for a Loews property," said Jonathan Tisch, Chairman of Loews Hotels & Resorts, in a statement. "This one-of-a-kind, historic hotel is a unique addition to our growing portfolio."
The 225-room Back Bay Hotel is situated on the corner of Berkeley and Stuart Streets, and was originally constructed in the 1920s as the Boston Police Department Headquarters. The property was redeveloped in 2004.
Loews Hotels & Resorts plans to add substantially to its portfolio of hotels over the next five years continues particularly in gateway cities and resort destinations.





