First Hospitality’s
track record speaks
for itself.
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.
WHY FIRST
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.
& Returns
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.
Mentality
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.
SERVICES
First Hospitality is nationally recognized as a premier hotel operator, specializing in full service and select-service properties.
Our proprietary platform gives us an unmatched flow of real-time operating information and complete control of our properties. Our top-line excellence and well-trained teams ensure that revenue is carried through to the bottom-line. That’s why our results consistently beat the industry average.
First Hospitality offers a turn-key approach to hospitality development. Our veteran team has worked on projects ranging from suburban prototypical, focused-service new builds to boutique, mixed-use, and historic adaptive reuse. We have decades of history working closely with top-tier brand companies, including Hilton, Hyatt, IHG, and Marriott, to bring their projects to life.
We’re committed to exceptional execution for each project. That’s why we proactively monitor progress, manage costs through forecasting, and plan contingencies at every phase of the project to eliminate any surprises.
First Hospitality is a trusted partner with a long track record of high returns. Over the past 35 years, we have invested in nearly 100 hotels around the country and delivered IRRs of over 22% on fully realized investments. Our deep industry experience helps us identify compelling opportunities and maximize profitability.
First Hospitality is an unparalleled resource for conceptualizing, constructing, and managing award-winning restaurants and bars. Whether it’s casual or fine dining, we approach each restaurant or bar as an independent operation, complete with local marketing and customized business plans.
First Hospitality’s team has accumulated a significant amount of experience and knowledge over our 35 years of operation, and we’re happy to share it. Our team’s comprehensive suite of hospitality talent, organizational experience, and industry relationships are available when working on any of the following types of projects:
- Revenue Management
- Food and Beverage Management
- Accounting Services
- Sales and Marketing Support
- Franchise Relations
- Recruitment, Training, and Development
- Risk Management
- Hospitality IT Solutions
- Hotel Development Program Design
OUR TEAM
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.
BRAND PARTNERS
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.