Stephen Schwartz Inducted Into Chicago Area Entrepreneurship Hall of Fame
ROSEMONT, IL, March 7, 2007. Rosemont, Illinois based First Hospitality Group Inc., announced today that its' Chairman and CEO, Stephen Schwartz, has been selected for induction into the Chicago Area Entrepreneurship Hall of Fame.
This prestigious honor, awarded by the Institute for Entrepreneurial Studies at the University of Illinois at Chicago, is given to innovators and leaders who have founded and grown businesses in the Chicago area. The winners are chose by UIC students, faculty, sponsors and judges from thousands of entrants each year.
"I'm honored to be recognized by the Institute for Entrepreneurial Studies," said Schwartz. "The fact that people who understand and teach how to achieve success in business recognize what First Hospitality Group has accomplished is very rewarding. Additionally, as a Midwest company, this regional award is extremely important to me because that's what FHG is about. We have been a Midwest company that really prides itself on staying true to those roots."
Since 1985, Schwartz has successfully developed and financed more than $500,000,000 of hotel real estate in six states. He has also established successful franchise relationships with various companies, including Hilton Hotel Corporation, Marriott International, InterContinental Hotels and Cendant Corporation.
Founded in 1985, First Hospitality Group, Inc. is a fully integrated hospitality development and management entity. Currently, the company's portfolio includes 35 properties, 20 owned and self-managed, and 15 others managed for other ownership entities. First Hospitality Group, Inc. is currently actively seeking acquisition opportunities throughout the Midwest and expects to add five to ten additional properties to its portfolio over the next 12 months. Through ownership and management, First Hospitality Group's states of operation now include Illinois, Indiana, Ohio, Michigan, Minnesota, Missouri and Wisconsin.
CONTACT:
Paul Kesman
(248) 258 2333
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