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Jonathan Tisch Jonathan Tisch, CEO of Loews Hotels/Image credit: NYUSPS/Mark McQueen

NEW YORK CITY—Travel and tourism are an $8 trillion market, approximately 10% of the world’s GDP, and expected to increase by 44% in the next decade, said Jonathan Tisch, chairman and CEO of Loews Hotels & Co. He was addressing an audience at the 40th Annual NYU International Hospitality Industry Investment Conference.

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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