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Loews Hotels Names Modest Needs its 'Good Neighbor' Partner

Jonathan Tisch, Chairman and CEO, Loews Hotels

All of us at Loews Hotels are pleased to announce our partnership with Modest Needs Foundation, a nonprofit organization dedicated to aiding hard-working individuals and families who find themselves faced with unexpected emergency expenses that have the potential to be catastrophic.

This national partnership with Modest Needs Foundation, which this year celebrates its fifth anniversary and millionth grant dollar awarded, signifies Loews Hotels' renewed commitment to our Good Neighbor policy, the first of its kind in the travel industry when it was launched nearly two decades ago.

"Small change -- a world of difference" is Modest Needs' slogan, and it succinctly describes how, for so many people living from paycheck to paycheck, covering an unexpected expense can prevent them from entering the cycle of poverty.

Modest Needs is an inspirational and extremely innovative organization that, via the Internet, will enable Loews Hotels and our employees to directly make a difference in the neighborhoods where we operate.

Throughout the year, Loews Hotels will embark on a variety of local and national activities to bring awareness to and raise funds for the Modest Needs Foundation. In addition, special "funded by Loews" icons will appear at www.modestneeds.org to denote when a Loews Hotel has made a contribution and funded an applicant.

All of us at Loews Hotels hope that you will join us in supporting Modest Needs.

Together, we can make a world of difference.

--Jonathan Tisch, Chairman and Chief Executive Officer, Loews Hotels