first hospitality
First Hospitality Appoints Matt Schuster as Chief Financial Officer
First Hospitality | April 11, 2024
CHICAGO, IL (April 11, 2024) First Hospitality, a national hotel operating, management, and development company, announces the appointment of Matt Schuster as chief financial officer. Schuster brings a wealth of expertise in hospitality finance and investment to this position. Schuster will report to David Duncan, president & CEO, and will lead the company’s financial services functions including all financial reporting, treasury operations, corporate financial planning, and analysis. Schuster will play a critical role in further developing long-term strategy and execution. “Matt’s knowledge and background in hotel real esta...
First Hospitality Appoints Jason Kreul to Chief Operating Officer
First Hospitality | March 19, 2024
CHICAGO, IL (March 19, 2024) First Hospitality, a national hotel operating, management, and development company, announces the appointment of Jason Kreul as chief operating officer. Kreul brings nearly 30 years of experience in the hospitality industry, including key leadership positions in operations plus expansive expertise in full-service, lifestyle and independent properties. Kreul will report to David Duncan, President & CEO, and will lead the operations, commercial strategy, and the people & talent groups at First Hospitality and play a pivotal role in further expanding their hotel portfolio. “Jason’s leadership and b...
First Hospitality Celebrates Strength of Its Talent and Culture; Robust Growth Drives New Sales and Performance Accolades
First Hospitality | March 11, 2024
CHICAGO (March 11, 2024) – Following a record portfolio growth year of nearly 40%, First Hospitality, a national hotel operating and development company, kicks off 2024 by celebrating its 3,500 associates at the company’s annual First Honors Awards Gala that took place in February in Toledo, OH. The First Honors Gala honored over 35 hotel properties across First Hospitality’s diverse portfolio of more than 70 independent and branded properties. There were 36 categories ranging from “Hotels Ranked #1 on STR” to “Top Guest Services Scores.” The Drake Oak Brook was named Hotel of the Year for being the highest-performing hotel ...
First Hospitality Strengthens Indianapolis Presence With Management of Hotel Indy
First Hospitality | November 20, 2023
The property marks the start of the relationship between First Hospitality and owner group KennMar Chicago (November 20, 2023) - First Hospitality, a national hotel operating and development company, assumed management of Hotel Indy in Indianapolis, Indiana. The property marks First Hospitality’s first hotel with owner group KennMar. Since opening in 2021, Hotel Indy has become a cornerstone of luxury and hospitality in the heart of Indianapolis, with 90 keys, two restaurants, The Hulman and The Cannon Ball Lounge, and 1,200 square feet of state-of-the-art meeting space. The Hulman is open daily and serves breakfast, lunch, and dinn...
First Hospitality Expands Reach with Acquisition of Hostmark Hospitality Group
First Hospitality | September 18, 2023
CHICAGO (September 18, 2023) - First Hospitality, a national hotel management and development company, is pleased to announce an agreement to acquire the majority of the hotel management agreements of Hostmark Hospitality Group, headquartered in Schaumburg, IL. This strategic move significantly expands First Hospitality's geographic presence, augments its collection of restaurants and bars, and promises to bring added benefits to its expanded portfolio, which will include more than 70 hotels nationwide. David Duncan, President and CEO of First Hospitality, stated, "Our alignment with Hostmark Hospitality Group fits well with our strategy o...
First Hospitality to Operate Oklahoma City’s Lively Hotel
First Hospitality | September 1, 2023
The property will join OAK, a new entertainment destination in the heart of Oklahoma City CHICAGO (September 1, 2023) - First Hospitality, national hotel operations and development company, assumed management and operations of the Lively Hotel in Oklahoma City, further advancing the company’s growth into larger urban city destinations. The Lively Hotel, a 132-key boutique hotel, will join OAK, a 20-acre mixed-use development district of restaurants, bars, and retail shops in the heart of Oklahoma City. In addition to 13,500 square feet of retail space, the property also features a bar and restaurant as well as a 2,400 square foot outd...
First Hospitality to Operate Holiday Inn Express Milwaukee West
First Hospitality | May 17, 2023
Chicago (May 17, 2023) - David Duncan, president and CEO of First Hospitality, announces that the national hotel operating and development company has added the Holiday Inn Express Milwaukee West to its growing national management portfolio. “First Hospitality’s considerable experience with the Holiday Inn Express brand of hotels has fostered a deep understanding of properties of this size and structure,” said Duncan. “And as our footp? rint expands, we’re able to easily share both our talent and expertise to maximize profitability and strengthen this hotel’s presence in the market through our team’s tailored approach to se...
Resch Property Group and The Sprigler Company to Develop The Elsby Hotel in New Albany, Indiana
Resch Property Group | May 3, 2023
NEW ALBANY, IN (May 3, 2023) – In Spring 2025, The Elsby Hotel will debut as a full-service, 82-room boutique hotel in the heart of New Albany, IN. Located at 117 East Spring Street in New Albany’s Downtown Historic District, the hotel is an adaptive reuse of the Elsby Building, a 100-plus year-old building that previously housed office space. It was purchased in June 2021 by co-owners Steve Resch, of Resch Property Group and Resch Construction, and Chad Sprigler, of The Sprigler Company, both based in New Albany. With a total development budget of $29 million, renovation and new construction will begin in late Spring 2023. Jacob Resch...
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