track record speaks
In 1985, Stephen L. Schwartz established First Hospitality in Chicago with a single hotel and a strategic vision – to create value for all stakeholders through excellence on fundamentals and an openness to doing things differently. Today, this means we create value for our investors, but also opportunity for our associates, comfort for our guests, and trust for our partners.
First Hospitality has carved out a reputation as a forward-thinking hotel developer, investor, and management company. Our passion for harnessing data to plan ahead means we don’t just follow industry trends, we create them.
Over the past 35 years, First Hospitality has successfully invested in nearly 100 hotels throughout the country, created a proprietary hotel management platform, and delivered industry-leading investor returns. We’re still building on our legacy of success and believe in cultivating innovation.
Our individualized approach and proprietary platform give us the data to predict industry trends, identify challenges, and implement a course of action that drives profitability.
Over the past 35 years, First Hospitality has invested in nearly 100 hotels around the country and delivered to its hotel investors IRRs of over 22% on fully realized investments.
As a partner we understand what owners expect and hope to achieve because we are owners too.
As owners ourselves, we only accept operating at the highest level.
We never forget the fact that our success stems from the tremendous efforts of our associates. We return the favor by giving our associates the resources, training, and responsibilities to build a career. That’s why Forbes rated us a top Midsize Travel Employer for the past 5 years.
LEADING THE CHARGE
Each of our properties and management solutions is tailor-made. Take a look at some real-world examples of how we deliver excellence.
AAA Four Diamond Winners – Marriott Peoria Pere Marquette, Hancock Hotel, Renaissance Toledo, Hotel Leveque
Forbes - 2019 America’s Best Midsize Employers
ALIS – Hiltons at McCormick Place awarded 2018 Development of the Year
When working with us, it’s easy to see why our forward-thinking approach sets us apart.
Regardless of what we’re working on, count on us to solve problems before they even appear. Contact First Hospitality via the form below.