Paramount Hotel Group
HospitalityNew Jersey, United States11-50 Employees
Paramount Hotel Group is a hospitality-focused, vertically integrated organization based in Fairfield, New Jersey. The company comprises three operating units that together deliver ownership and management services for hotel assets, including operations, development, acquisitions, and receivership. Its subsidiaries have managed properties under major brands, provided national group sales, and overseen hotel capital projects and new-build work. PHG serves hotel owners such as private equity funds, REITs, hedge funds, developers, investment banks, lenders, and loan servicers, addressing the needs of ownership across full-service, select-service, and extended-stay segments. In July 2019, the group announced the grand opening of a Tru by Hilton in Middletown, New York, illustrating its active involvement in development projects.