Stephen Schwartz, CHA, CPA, MBA
As Chairman, Stephen provides strategic guidance to the company and works with First Hospitality’s partners to unlock the value of their hotels.
Stephen has more than 50 years of hospitality experience and currently serves on the Advisory Boards of Hilton, Marriott, and Hyatt hotels. He founded First Hospitality in 1984 and has grown the company portfolio to 50+ hotels nationwide with revenues exceeding $250 Million. Throughout his career, he has successfully developed and financed more than $1 billion in hotel real estate. Also, he is the recipient of the Lifetime Achievement Award for his work with Hilton Hotel Corporation and was inducted into the Chicagoland Entrepreneurship Hall of Fame in 2007. The firm has received numerous awards reflective of his innovative and creative approach to development and hospitality.
Stephen has been an active board member for several not-for-profit organizations, including The Board of Jewish Education of Metropolitan Chicago, Midwest Board of the Weizmann Institute, a key sponsor of the Holocaust Education Program at Elmhurst College, as well as a member of the Chicago Youth Symphony Orchestra Board (CYSO). He is married to his wife Terry and is the father of three children.
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