Paramount Hotel Group Expands Management Portfolio With Addition of Four Hotels in Florida, Louisiana and Texas

/Paramount Hotel Group Expands Management Portfolio With Addition of Four Hotels in Florida, Louisiana and Texas

Paramount Hotel Group Expands Management Portfolio With Addition of Four Hotels in Florida, Louisiana and Texas

|2019-05-28T15:19:38+00:00May 28th, 2019|

Fairfield, New Jersey, May 28, 2019 – Paramount Hotel Group, a full-service third-party hotel management company, announced today that it has added four properties to the growing portfolio of hotels that it has under management. They are the SpringHill Suites in Tampa, Florida, the Springhill Suites Houston Rosenberg, the Fairfield Inn & Suites Houston – Conroe, and the New Orleans Marriott Metairie in Metairie, Louisiana. Ethan Kramer, President of Paramount Hotel Group, made the announcement.

  • 127-room Springhill Suites Tampa North/I-75 Tampa Palms: Renovated in November 2017, this SpringHill Suites features 127 rooms. Each well-appointed room features a separate living area, 43" flat screen HD TV, microwave/mini-fridge, comfortable beds with lush bedding, a large work desk and high speed Internet access. The hotel also features an outdoor pool, a fitness center, and a snack bar/deli. Free buffet breakfast is provided, as well as free WiFi in public areas, free self-parking, and a free manager's reception. Other amenities include a 24-hour business center, coffee/tea in a common area, and dry cleaning.
  • 118-room SpringHill Suites Houston – Rosenberg: Located just south of Sugarland and Houston, this SpringHill Suites combines first-class comfort with contemporary elegance & personalized service. Situated next to the Brazos Town Center, a large development project with shopping and dining lifestyles, the SpringHill Suites by Marriott is the only all suites hotel in town. Each room features a separate living area, 37" flat screen HD TV's, microwave/mini-fridge, comfortable beds with lush bedding, high speed Internet access, large work desk. Other highlights include complimentary hot breakfast, fitness center, business center, as well as an outdoor pool
  • 121-room Fairfield Inn & Suites Houston – Conroe: This Art Deco hotel is located in Conroe, Texas, within a 5-minute drive of Conroe Outlet Mall and just a few miles from Lake Conroe and Sam Houston National Forest. Each of its 121 air-conditioned rooms features a refrigerator, flat-screen TV, comfortable beds with lush bedding, high speed Internet access, a large work desk and complimentary WiFi. Other highlights include complimentary hot breakfast, 24-hour fitness center, business center, as well as an outdoor pool.
  • 220-room New Orleans Marriott Metairie at Lakeway: Designed for comfort and convenience, the New Orleans Marriott Metairie at Lakeway seamlessly blends classic style with modern tech and a great location in the hub of Metairie’s CBD. Well-appointed rooms include free WiFi, plush bedding, and views of Lake Pontchartrain or the New Orleans skyline. The hotel also offers 10,564 square feet of flexible meeting space. The Bistreaux Restaurant features locally sourced ingredients and Chef-crafted southern specialties and the Market offers Starbucks coffee and specialty beverages along with light snacks and grab ‘n go breakfast and lunch items. The hotel is only eight miles from the French Quarter and the New Orleans Airport.

“Each of these hotels is well positioned in its respective property category and competitive market,” said Kramer. “They are great additions to our portfolio, not only for that reason but also because they allow us to expand our reach as a company. Florida, and Texas are top-trending states and New Orleans is a unique market with strong demand drivers and we are now able to establish roots and identify and explore new opportunities in each of these markets.”

About Paramount Hotel Group

Formed in 1999, Paramount has a proven track record of success. Paramount’s core team consists of former executives of Prime Hospitality Corp., with over 30 years of continuity 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.

Contact: Paul Kesman

pkesman@pdkpr.com/248-321-2035

Related News:

As the first news aggregate for the hotel industry, Hotel-Online is the industry’s must-read daily news source for everything hotel curated for busy professionals. Sign up today for industry news delivered to your inbox.