Paramount Hotel Group Adds 108-Room Hotel Indigo Newark Downtown to Management Portfolio
Paramount Hotel Group, a growing full-service third-party hotel
management company, announced that it has been awarded the
management contract for the Hotel Indigo Newark Downtown. Ethan Kramer,
President of Paramount, made the announcement.
The Hotel Indigo is located at 810 Broad Street in Newark, New Jersey
at the southernmost end of the Passaic River, just one block from the
Prudential Center and a short walk to the New Jersey Performing Arts
Center (NJPAC).
The 12-story, 90,000 square-foot hotel building was erected in 1912
and designed by Cass Gilbert as the National State Bank. With exposed
brick, beautiful windows, and unique loft configurations, each of the
hotel's 108 guest rooms features decor and artwork that reflect the
neighborhood's spirit of innovation and invention.
All rooms are equipped with iPads, from which guests can control room
service, housekeeping service and window shades, among other features. A
business center and fitness center are also on-site. A 4,000 square
foot restaurant is located on the ground floor and open for breakfast,
lunch and dinner. The signature, one-of-a-kind Ainsworth Rooftop Lounge
provides a spectacular view of the New York City skyline. It is open to
guests and non-guests alike and features a collection of classic
cocktails, American noveau creations and a late-night menu.
“We are excited to have been selected to manage this Indigo hotel,” said Kramer. “With this change, Ownership is focusing on Paramount's core strengths to drive revenue, maximize profitability and provide a quality customer experience.”
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
