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This profile was last updated on 11/25/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Ethan Kramer

Wrong Ethan Kramer?


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

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

Board Memberships and Affiliations

50 Total References
Web References
Paramount Hotel Group » Management Team, 29 Oct 2014 [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.
Benjamin West: Services, 1 Oct 2013 [cached]
Ethan Kramer President Paramount Hotel Group
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 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.
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