Paramount Hotel Group Adds Doubletree by Hilton in Fairfield, New Jersey to Portfolio
Paramount Hotel Group, a premier third party hotel management company, announced today that it has been awarded the management contract for the Doubletree by Hilton Hotel & Suites in Fairfield, New Jersey. Paramount Hotel Group CEO David Simon made the announcement.
Conference room capacity at the Doubletree by Hilton Fairfield is plentiful with over 16,000 sq. ft. of recently renovated meeting and event space. The hotel's largest conference room can accommodate up to 400 attendees, and its flexible ballrooms can accommodate any size business or social event, including weddings.
The Doubletree by Hilton Fairfield is conveniently located near major area highways and in close proximity to Meadowlands Expo Center, Newark International Airport, New York City and the recently opened American Dream Expo in nearby Secaucus, NJ. For guest convenience, the hotel also offers complimentary shuttle service within a five mile radius of the hotel.
"The Doubletree by Hilton Fairfield, NJ is a hotel with a long and storied history for me, one that began when I built the hotel in 1984 and continued for the next 14 years - through 1998 - when I managed the property," said Simon. "Originally developed as a Sheraton, the hotel has seen several brand changes including Radisson, Prime and Crowne Plaza. Today, carrying the Doubletree by Hilton flag, the hotel has been totally upgraded and is poised to achieve new levels of success and I am glad to be able to come back home, as it were, to help make that happen.
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.