Loews Hotels & Co. announced plans to build the Americana by Loews Hotels in Arlington’s Entertainment District, a project that will replace the existing Sheraton Arlington Hotel. The development will add 507 guest rooms, including 39 suites, and more than 83,000 sq ft of meeting and event space, with an investment of over $500 million. Demolition of the Sheraton is slated for early June 2026, construction will begin later that summer, and the new hotel is expected to open in late 2028 or early 2029.
The Americana will bring Loews’ Arlington campus to a total of 1,695 rooms and over 374,000 sq ft of meeting space, making it one of the largest hospitality clusters in Texas. The expansion is designed to serve as a premier meetings, events, and entertainment hub, leveraging the district’s growing tourism and convention traffic driven by nearby sports teams and attractions.
Alex Tisch, President and CEO of Loews Hotels & Co., said the project reflects the company’s confidence in Arlington’s continued growth and its strategy to strengthen its presence in high‑traffic markets. He added that the Americana will honor Loews’ heritage while offering scale, service excellence, and design to support both group and leisure travelers.
Loews Corporation, the parent company, is a diversified holding firm with interests in insurance, energy, hospitality, and packaging. The hotel announcement aligns with the company’s broader strategy to invest in high‑potential markets and to capitalize on robust tourism and convention activity in Texas.
While the announcement does not include immediate financial results, it signals a significant capital allocation and a long‑term commitment to the Arlington market, potentially enhancing Loews’ competitive positioning and revenue generation in the region over the coming years.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.