Paramount Hotel Group Adds Red Roof PLUS+ Long Island in Westbury, New York to Portfolio

/Paramount Hotel Group Adds Red Roof PLUS+ Long Island in Westbury, New York to Portfolio

Paramount Hotel Group Adds Red Roof PLUS+ Long Island in Westbury, New York to Portfolio

|2019-07-23T14:04:28-05:00July 23rd, 2019|

Fairfield, New Jersey, July 23, 2019 – Paramount Hotel Group, a full-service third party hotel management company, announced today that it has been awarded the management contract for the Red Roof PLUS+ Long Island in Westbury, New York. The property was recently acquired by a subsidiary of the Beechwood Organization in Jericho, New York. Paramount Hotel Group CEO David Simon made the announcement.

Located close to all local business and shopping in Garden City/Westbury and just minutes from LaGuardia and Kennedy airports and Long Island beaches, the 163-room hotel has just completed a brand new and complete renovation of all guest rooms, suites and public spaces, complete with a new lobby, new flat screen televisions and new hardwood flooring in all guest rooms. The renovation also included brand new furniture, all new bedding, updated granite bathrooms and window treatments in all guest rooms. Other amenities include premium TV channels, refrigerators, microwaves, full laundry facilities, free self-parking, and free Wi Fi.

“We are very pleased to be partnering with this successful, well-respected Long Island developer in this venture,” said Simon. “The hotel’s strategic location near leisure destinations, shopping venues and corporate activity makes it an ideal hotel acquisition in today’s environment.

“We are particularly excited at Paramount as this represents our sixth new management agreement in the past 90 days. We also have contracts in place to manage an additional two hotels that are currently under construction so our plan to grow strategically by establishing and reinforcing strong relationships with quality owners is proving to be successful.”

About Paramount Hotel Group

Formed in 1999, Paramount has a proven track record of success and a highly personalized approach to hotel management. Paramount is comprised of three operating companies; Paramount Management Associates, a full service, third-party management company for select and full-service hotels; H-CPM, a hotel construction project management firm; and Book My Group, a national sales organization that specializes in group reservations.

Paramount has earned its position as an industry leader by expertly managing all aspects of operations for a hotel, engaging in proactive and transparent communication with owners and maintaining strong relationships with all major brands. Paramount earns praise for its unique ability to create exceptional asset value through renovating, re-branding and repositioning hotels. The company is targeting third-party hotel management contracts with owners seeking enhanced financial returns. Additionally, Paramount identifies attractive hotel acquisition opportunities for existing and new capital partners.

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