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First Hospitality Group Inc. Adds Five Properties In A Strategic Growth Initiative.


DES PLAINES Des Plaines, city, United States
Des Plaines (dĕs plānz), city (1990 pop. 53,223), Cook co., NE Ill., a suburb of Chicago on the Des Plaines River; inc. 1925. Among its manufactures are chemicals and electronic equipment.
, Ill. -- While continuing to focus on the Midwest with its primary strategic brand partners, First Hospitality Group, Inc. (FHG) is exploring growth opportunities through a mix of owned and managed hotels that fit its operational model. The Chicago area based FHG recently added five properties to its portfolio bringing the company's total to 30 hotels in six states.

FHG recently executed four management contracts including: the 297-room Holiday Inn Select Chicago O'Hare, the 120-room County Suites Chanhassen, Minn., the 155-room Wyndham Garden Inn Buffalo Grove Buffalo Grove

A village of northeast Illinois, a suburb of Chicago. Population: 43,300.
, Ill., and the 143-room Best Western Wheeling, Ill. FHG has also broken ground on a 115-room Hilton Garden in Oakdale, Minn. that is scheduled to open in February 2005.

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 FHG Director of Development Ira Ury, "We believe we can apply our proven recipe for success to a number of hotel assets in both the equity and non-equity environments. We continue to look for opportunities in both settings where we believe we can make a difference."

FHG President and COO Robert Habeeb said, "Our unique approach to the hotel business has continued to set us apart even during this volatile economic environment. We have actually increased the pace of our growth during the industry's downturn. FHG's results oriented bottom line approach with a focus on recruiting, training and motivating a high quality team has allowed us to create value for our owners, associates and guests."

Founded by Stephen Schwartz in 1985, the company promotes an entrepreneurial management environment with an emphasis on marketing and revenue growth.Its unique and effective approach to human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  has won it national recognition as a leader in employee based programs.

First Hospitality Group Inc. is an experienced hotel developer, owner and operator with a portfolio of 30 hotels. FHG currently manages assets with the following franchise affiliations: Marriott, Hilton, Holiday Inn, Wyndam, Hilton Garden Inn Hilton Garden Inn is the name of a chain of hotels operated by Hilton Hotels Corporation. Hilton Garden Inns are considered to be upscale, mid-priced hotels that are designed for both business and leisure travelers. The hotel brand is similar to that of the Courtyard by Marriott brand. , Hampton Inn & Suites, Courtyard by Marriott Courtyard by Marriott is a brand of hotels owned by Marriott International. They have over 2,800 hotels worldwide, as of June 2007. Courtyard by Marriott is designed for business travelers. , Springhill by Marriott, Fairfield Inn & Suites, TownePlace Suites and Ramada ra·ma·da  
n. Southwestern U.S.
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 Inns. For further information contact Ira Ury at ibv@fhginc.com or Robert Habeeb at rjh@fhginc.com or call 847-299-9040. FHG's Web site is www.fhginc.com
COPYRIGHT 2004 Business Wire
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 30, 2004
Words:353
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