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Paramount Hotel Group Adds Management of Four Hotels to its Portfolio
Paramount Hotel Group | March 30, 2015
FAIRFIELD, N.J., March 30, 2015 - Officials of Paramount Hotel Group, an independent, hotel management and ownership company, today announced that it has signed agreements to provide third-party management services on behalf of four hotels owned by a mix of institutional and private investors. All four hotels are in various stages of renovation, and Hospitality CPM (h-cpm), a construction project management firm, will oversee their completion. "We have reached the stage of the hospitality cycle where there are numerous opportunities for well-respected, performance driven management companies to grow through acquisitions or owners not sa...
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