USA, Fairfield, New Jersey. April 11, 2018

Paramount Hotel Group, a nationally recognized third-party hotel management company, announced today that respected industry executive David Hale has joined its corporate team to serve as the company's Vice President of Business Development. Ethan Kramer, President of Paramount, made the announcement.

As Vice President of Business Development, Hale will leverage the investor, brand and professional relationships he has built over his 25 years in the hospitality industry to grow Paramount's portfolio of managed properties.

Prior to joining Paramount, Hale served as Vice President of Hotel Business Development for Spire Hospitality. He was responsible for identifying new development opportunities and negotiating all hotel management agreements for the company. Earlier in his career, he also held sales and revenue management positions for Hilton Worldwide and Interstate Hotels and Resorts.

Commenting on the addition of Hale to the Paramount Hotel Group team, Kramer said, “David is an accomplished, seasoned professional and we are excited to add someone with his credentials and industry relationships to our growing organization. He will be an integral member of the executive team going forward as we focus on expanding our geographic footprint and strategic growth through the addition of third- party managed properties to our portfolio.”