First Hospitality
Suite 400 Chicago, IL 1,001–5,000 employees 26 principals
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About First Hospitality
First Hospitality is a real estate operator headquartered in Suite 400 Chicago, IL.
First Hospitality is a Chicago‑based hotel operating, development, and investment management company, founded in 1984, marking over 40 years in operation as of 2025. Its founding Chair, Stephen Schwartz, has developed and financed more than US $1 billion in hotel real estate, and the firm’s portfolio includes 50+ hotels nationwide with revenues exceeding US $250 million. The company’s real estate affiliate, First Investors, has a 35+‑year track record in opportunistic investments across premium select‑ and full‑service hospitality assets across the United States. Through this affiliation, First Hospitality has invested in nearly 100 hotels and delivered internal rates of return (IRRs) exceeding 22% on fully realized investments.
Principals at First Hospitality
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26 principals on file
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