Industry Update
Press Release17 January 2020

Paramount Hospitality ManagementTM Welcomes The Grove Resort Orlando to their Portfolio

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Paramount Hospitality Management (PHM)

Paramount Hospitality ManagementTM (PHM) and Manzie Hospitality GroupTM announce the newest addition to its portfolio of Central Florida hotels and resorts. The Grove Resort Orlando, an expansive 106-acre hotel destination located just minutes from the west entrance of Walt Disney World®, officially joined the portfolio today. Long-standing Paramount team member Rod O'Connor will be leading the transition as the resort's General Manager.

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"We are thrilled to be adding The Grove Resort Orlando to our growing portfolio," said Marco Manzie, Founder/President of Paramount Hospitality Management. "The Grove offers a unique resort experience and since opening in 2017, it's become a desired destination for those traveling to Orlando for business or pleasure. We look forward to continuing to offer a one-of-a-kind experience to all of our guests."

The Grove offers 878 all-suite, residential-style accommodations that span up to three bedrooms and three bathrooms with full kitchens, living and dining areas, full-size washer/dryers and screened patios. Services and amenities are exceptional including its onsite Surfari Water Park featuring an interactive water structure with multiple slides, a lazy river stretching almost 700 feet, a dual rider surf simulator and its own poolside eatery, Longboard Bar & Grill. Other standout features include three additional swimming pools, Flip Flop's Family Fun Center with indoor glow-in-the-dark mini golf, water sports at The Grove's Lake Austin Pier, a full-service spa, children's activity center, 6,000 square-feet of flexible meeting and event space, and four additional dining options including the large-scale grab-and-go Alfresco Market; The Springs Bar & Grill at The Springs pools; and The Grove's main restaurant, Valencia. The Grove also provides a complimentary shuttle to the Walt Disney World Transportation & Ticket Center as well as a Walt Disney World kiosk for park information and ticket sales.

The Grove Resort Orlando is owned by a joint venture between certain affiliates of Westport Capital Partners and BTI Partners, with BTI Partners as the development partner. The Grove Resort Orlando is located at 14501 Grove Resort Avenue, Winter Garden, Florida 34787. Toll free: 1-844-203-0209. Local: 407-545-7500.

About Paramount Hospitality Management

Paramount Hospitality ManagementTM (PHM) and Manzie Hospitality GroupTM is an established veteran of the hospitality industry operating as a hands-on, boutique management company, coming upon their 20th year anniversary, focused on the condo hotel segment, specifically in the Orlando market. PHM owns, manages and operates award-winning condo hotels, resorts and hotels and has a global reputation and a proven track record of consistently producing sound financial results for their hotels and owners year after year. The company is focused on delivering one-of-a-kind lifestyle experiences that bring together design, comfort and service in sought-after locations. Paramount has achieved successful recognition for superb and innovative approaches to property management across the spectrum of hotel and resort services. For more information, please visit www.paramounthospitality.com.

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