Princeton, New Jersey, September 27, 2016 – Paramount Hotel Group, a full-service third-party hotel management company, announced today that it has been awarded the management contract for the Hyatt Place hotel in Princeton, New Jersey. Ethan Kramer, President of Paramount, made the announcement.

Located in the Carnegie Center, adjacent to Princeton’s Market Fair and Princeton University, the 122-room Hyatt Place features complimentary hotel-wide Wi-Fi and hot breakfast, coffee to cocktails bar serving Starbucks® specialty coffees and tees, premium beer, wine, cocktails, and a complimentary 24-hour fitness center.

“The Princeton Hyatt Place is a premier property and a great addition to our portfolio,” said Kramer. “It’s a top performer in a strong market and positioned very well for growth. We will leverage our experience, resources and industry expertise to insure it remains a market leader in Princeton.”