FHG COO Robert Habeeb says he believes value and occupancy will continue to grow under the management of his firm, which has decades of experience and a current portfolio of 35 hotels, most of which are Hilton and Marriott affiliates.
"First Hospitality Group saw great potential and an exceptional opportunity in the Chicago South Loop Hotel," Habeeb says. "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."
Located at 2600 S. State St. in Chicago's South Loop neighborhood, the hotel appeals to business people and tourists. It features a restaurant, meeting and banquet facilities. Of additional appeal is its location, walking distance from some of the city's biggest attractions, including Chicago's Loop, convention center, McCormick Place, Grant Park, Chinatown, U.S. Cellular Field and the Illinois Institute of Technology.
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