Share This Profile
Share this profile on Facebook.
Link to this profile on LinkedIn.
Tweet this profile on Twitter.
Email a link to this profile.
See other services through which you can share this profile.
This profile was last updated on 1/11/16  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Ethan Kramer

Wrong Ethan Kramer?


Phone: (973) ***-****  
Email: e***@***.com
Paramount Hotel Group LLC
710 Route 46 East
Fairfield , New Jersey 07004
United States

Company Description: At Paramount, we offer full service construction management with expertise in both new hotel construction and renovation of existing hotels. The Paramount team has...   more

Employment History

  • Vice President of Development
  • Director of Real Estate
  • Senior Vice President - Development

Board Memberships and Affiliations

47 Total References
Web References
Paramount Hotel Group » Management Team, 3 Sept 2015 [cached]
Ethan Kramer President
Ethan Kramer is a co-founder of Paramount Hotel Group and has served as President since its inception in 1999. Also a veteran of Prime Hospitality Corp., Mr. Kramer coordinated the expansion of two national brands managing the investment of over $800 million in new hotel development. His oversight of the Development, Construction and Real Estate Legal departments during the period 1995 through mid-1999, led to the expansion of the AmeriSuites (now Hyatt Place) chain up to 100 hotels.
In his capacity as President of PHG, Mr. Kramer oversees the general operation of the company as well as focusing on acquisitions, business development, operations and investor relations. Ethan has led the expansion of PHG since inception and was instrumental in the acquisition of the BookMyGroup subsidiary. With a strong background in feasibility analysis, Paramount concentrates on hotel acquisitions that meet the investment criteria of its partners. Mr. Kramer has structured joint venture relationships with capital partners that are providing a platform for portfolio growth.
Prime Hospitality Corp. Promotes John Elwood to President, COO / Aug 1998, 19 Aug 1998 [cached]
Promotes John Elwood to President, COO; Douglas Vicari Promoted to SVP, CFO; Ethan Kramer to SVP, Development
In other related management changes, the company announced the promotions of Douglas Vicari to Senior Vice President and Chief Financial Officer, and Ethan Kramer to Senior Vice President, Development.
"As a result of their leadership and talent, John, Doug and Ethan have each contributed significantly to building the company into a prominent force in the lodging industry.
Ethan Kramer joined Prime in 1995 as Director of Real Estate, and was promoted to Vice President of Development in 1996. In his new role, Mr. Kramer will be responsible for overseeing all development and construction for Prime's AmeriSuites, HomeGate and Wellesley Inn brands. Mr. Kramer previously served as Senior Vice President of Atterbury Associates where he was responsible for the hotel appraisal and consulting group. He began his career in the hotel industry with Laventhol Horwath.
Paramount Hotel Group » Paramount Hotel Group Adds Two Hotels to Growing Management Portfolio, Suburban Boston Properties First in New Relationship with Rockwood Capital, 17 Feb 2014 [cached]
"We are building on our select core of savvy hotel investment groups who seek value in today's real estate market, and are stepping up their acquisition programs," said Ethan Kramer, president of Paramount.
"The Aloft and Element Lexington are less than five years old, in excellent physical condition and will require minimal enhancements as part of the change in ownership," Kramer said.
Paramount Hotel Group » Paramount Hotel Group Named Manager of Three Florida Distressed Hotels, 17 Feb 2014 [cached]
"We have a long, proven track record with distressed hotel operations and are working closely with institutional lenders, special servicers and regional banks to help them determine and execute the right strategies to recover the optimum value of their hotel assets," said Ethan Kramer, Paramount's president.
Kramer noted that Paramount expects that opportunities to manage distressed hotels will expand rapidly over the next 12 to 18 months.
Paramount Hotel Group » Paramount Hotel Group Kicks Off 2013 with Three New Management Contracts and Goal of Continued Growth, 28 Jan 2013 [cached]
"More hotels are coming to market now and we expect to work closely with The Lightstone Group in the current year to help achieve their growth targets," said Ethan Kramer, President of Paramount. "Our 30-plus years of hotel experience are a huge benefit for investors in sourcing and analyzing hotel investment opportunities, some of which have hard-to-identify, unique attributes. These properties have intangibles that go beyond repositioning and strong management, often in markets that are overlooked."
Paramount and its investors/owners seek full-service and select-service hotels, primarily in secondary and suburban markets that have the "bones" to be premium-branded. "While these properties may not be as 'sexy' as a downtown urban hotel, we know that they can generate high returns with prudent risk," Kramer added. "The key is finding and unlocking the value that others do not see."
Kramer noted that many hotels currently on the market have significant PIP requirements because upgrades were pushed back well beyond the normal cycle during the recent recession.
Other People with the name "Kramer":
Other ZoomInfo Searches
Accelerate your business with the industry's most comprehensive profiles on business people and companies.
Find business contacts by city, industry and title. Our B2B directory has just-verified and in-depth profiles, plus the market's top tools for searching, targeting and tracking.
Atlanta | Boston | Chicago | Houston | Los Angeles | New York
Browse ZoomInfo's business people directory. Our professional profiles include verified contact information, biography, work history, affiliations and more.
Browse ZoomInfo's company directory. Our company profiles include corporate background information, detailed descriptions, and links to comprehensive employee profiles with verified contact information.