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title: Team - Stephen Schwartz
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![Steve Schwartz Headshot](https://www.investwithfirst.com/hs-fs/hubfs/Headshots/Steve%20Headshot.jpg?width=543&height=547&name=Steve%20Headshot.jpg)

##### Chairman Emeritus

### Stephen Schwartz

Stephen founded First Hospitality in 1984 and has since led more than $1B in hotel development and investment activity. With over 50 years in the industry and advisory roles across Hilton, Marriott, and Hyatt, he continues to guide the firm with a long-term perspective shaped by deep operating and investment experience.

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LinkedIn Profile

### 50

Years of Hospitality Experience

### $1B

Hospitality Developments & Acquisitions

### 10

Industry Advisory Board Appointments Across Career

### Biography

As Chairman Emeritus, Stephen provides strategic guidance to the company and works with First Hospitality's partners to unlock the value of their hotels.

Stephen has more than 50 years of hospitality experience and has served on Owner Advisory Boards of Hilton, Marriott, and Hyatt hotels. He founded First Hospitality in 1984 and has grown the company portfolio to 60+ hotels nationwide with revenues exceeding $400 Million. Throughout his career, he has successfully developed and financed more than $1 billion in hotel real estate. Also, he is the recipient of the Lifetime Achievement Award for his work with Hilton Hotel Corporation and was inducted into the Chicagoland Entrepreneurship Hall of Fame in 2007. The firm has received numerous awards reflective of his innovative and creative approach to development and hospitality.

Stephen has been an active board member for several not-for-profit organizations, including The Board of Jewish Education of Metropolitan Chicago, Midwest Board of the Weizmann Institute, a key sponsor of the Holocaust Education Program at Elmhurst College, as well as a member of the Chicago Youth Symphony Orchestra Board (CYSO). He is married to his wife Terry and is the father of three children.

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