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 First Hospitality Group, Inc. Adds Five
Properties to its 30 Hotel Portfolio

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DES PLAINES, Ill.- Aug. 30, 2004 -- 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, 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.

According to 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 


Holiday Inn Select
Chicago O'Hare
10233 West Higgins Rd
Rosemont, IL 60018
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 has won it national recognition as a leader in employee based programs.

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, Hampton Inn & Suites, Courtyard by Marriott, Springhill by Marriott, Fairfield Inn & Suites, TownePlace Suites and Ramada Inns. 


 
Contact:
Ira Ury
ibv@fhginc.com
847-299-9040
www.fhginc.com
Also See: Raymond Management Company Starts Construction of 253 room Hilton Garden Inn® Chicago – O’Hare Airport in Des Plaines, Illinois / April 2004
300 Room Hawthorn Suites Under Construction at Chicago's O'Hare International Airport / Will Feature a New HarryCaray's Restaurant / Aug 1998


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