Early Ventures
In 1901, Buffalo was the host city for the Pan-American Exposition. Statler envisioned and built a hotel on the Exposition grounds and called it "Statler's Hotel." It was a temporary wooden structure intended to last the duration of the Exposition. With 2,084 rooms, it could accommodate 5,000 guests. Although the Exposition was deemed an overall failure due to a number of factors (including bad weather and the assassination of President William McKinley), Statler made a small profit—one of the few vendors to actually do so.
His next venture was the Inside Inn, built for the 1904 Louisiana Purchase Exposition in St. Louis, Missouri. Another temporary wooden structure, it was the world's largest hotel with 2257 rooms. A grand success, the hotel made Statler a net profit of $361,000 and laid the groundwork for his first permanent hotel. The hotel was then sold for scrap and dismantled. The Inside Inn was near the edge of Forest Park in St. Louis, where Highway 64/40 now traverses the location.
Read more about this topic: Statler Hotels
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