CHICAGO, July, 16 2009 — First Hospitality Group, Inc. (FHG), announced that it will assume management of the Chicago South Loop Hotel in downtown Chicago, Ill. First Hospitality Group President and COO Robert Habeeb made the announcement.
First Hospitality’s addition of the Chicago South Loop Hotel comes at a pivotal time for the establishment. The hotel was developed by Chicago South Loop Hotel, LLC in 2008, and has since aimed to become a landmark in Chicago hospitality. With over 50 years of hotel management experience, the hotel ownership recently recognized the independent hotel’s limitations, and named First Hospitality Group the ideal candidate for unlocking the untapped value of the property. Since FHG took over the management of the hotel, there has already been a four percent increase in occupancy.
Located at 2600 South State Street in the South Loop area of downtown Chicago, the Chicago South Loop Hotel is a local gem, ideal for both business travelers and tourists alike. With an emphasis on providing guests with a welcoming and upbeat ambiance, the hotel is equipped with a restaurant, meeting and banquet facilities and is within walking distance of some of Chicago’s biggest attractions, including Chicago’s convention center, McCormick Place, Grant Park, Chinatown, U.S. Cellular Field and the Illinois Institute of Technology.
The 232-room hotel is located just minutes away from the Loop – Downtown, allowing guests to experience the energy of Chicago in a convenient location.
“First Hospitality Group saw great potential and an exceptional opportunity in the Chicago South Loop Hotel,” said Habeeb. “We are excited to help unleash the true value of this hotel and to drive it to reach its full potential in the months and years to come.”
For further information about the Chicago South Loop Hotel, please visit http://www.chicagosouthloophotel.com/ or call 877.305.4683.
About First Hospitality Group
First Hospitality Group Inc. has been involved in the development, ownership, and management of hotels since 1985. Currently, the First Hospitality Group, Inc. portfolio of over 35 hotels consists primarily of Hilton and Marriott affiliated assets. In addition, First Hospitality Group, Inc. has ownership interests and manages hotels affiliated with InterContinental, Hyatt, and Starwood.