Deepening its portfolio of independent and full-service properties, First Hospitality, a national hotel operations and development company, assumed management of the Inn on Sheridan, a boutique hotel in Zion, IL. The company also added the Holiday Inn Express Cincinnati West to its roster of branded hotels. This marks the company’s first properties in both markets.
“The addition of both properties is a meaningful step in our overall growth strategy, especially as we continue to diversify our branded portfolio and strengthen our footprint in the independent, lifestyle space,” said David Duncan, president/CEO, First Hospitality.
Reporting strong end of year growth, he noted that the company has signed eight third-party management contracts in eight weeks including a new property under development in Louisville, KY, opening in late 2024. “Keeping a steadfast focus on owner satisfaction and property outperformance has helped grow our portfolio by 16% this year and is a testament to the talent of our operating team,” he said.
First Hospitality will add more than 800 rooms to its portfolio by the end of the year.
Inn at Sheridan is an 84-room independent, boutique hotel located midway between Chicago and Milwaukee, and the Lake Michigan shore. The property has a 24-hour fitness facility and library, coffee shop, full-service restaurant and bar, and a boutique shop featuring clothing, accessories and gifts. Two distinct spaces are available for meetings, weddings and events.
Featuring 117 guestrooms, the newly renovated Holiday Inn Express Cincinnati West is located 10 miles from downtown Cincinnati, central to Cincinnati’s business centers and tourist attractions. The property features an outdoor pool, fitness center and complimentary WiFi and breakfast.