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 was one of the few vendors to make a small profit.
Statler's intent was not to compete with the luxury hotels, but to provide, clean, comfortable, and moderately-priced rooms for the average traveler.
[2] His hotels had minimal wasted space, particularly on the guestroom floors, and he strove to have room layouts that would maximize efficiency and profitability.
After Statler's death in 1928, the company built hotels in Washington, D.C., Los Angeles, California, Hartford, Connecticut, and Dallas, Texas.
In the mid- and late-1940s, pianist Liberace "gained national exposure through his performance contracts with the Statler and Radisson hotel chains".
[1] The Travel Channel's documentary paranormal television show Destination Fear filmed at the location in 2019 for the seventh episode of their first season.
[11] As of June 2021, the hotel has been purchased by developers planning to turn the building into a mixed-use structure with retail, meeting and entertainment space, and 600 - 700 residential units.