Paragon Hotel Corporation is an independent hotel management company with over 50 years of experience in hospitality management and new property development. The company and its affiliates managed and/or have had ownership interest in 80 hotels with over 10,000 rooms in 23 states. As a leading hotel management company, Paragon Hotel Corporation has successfully managed hotels and resorts with a focus on revenue generation and product management.
Paragon Hotel Corporation is a privately owned and operated hospitality management company with a track record of proven experience. As a preferred hotel management company, Paragon Hotel Corporation consistently delivers results for hotel owners such including institutional real estate owners, high net worth investors, non-institutional ownership groups, privately held companies, and private equity funds.
With 50 years of experience managing hotels and resorts, Paragon Hotel Corporation is a proven choice among hotel ownership groups and is considered to be a proven leader in the hospitality industry.
Paragon Hotel Corporation is a privately owned and operated hospitality management company with a track record of proven experience. As a preferred hotel management company, Paragon Hotel Corporation consistently delivers results for hotel owners such including institutional real estate owners, high net worth investors, non-institutional ownership groups, privately held companies, and private equity funds.
With 50 years of experience managing hotels and resorts, Paragon Hotel Corporation is a proven choice among hotel ownership groups and is considered to be a proven leader in the hospitality industry.
Services
An experienced operations department enables Paragon Hotel Corporation to provide personalized, hands-on operational assistance to the individual property and general manager.
Our operations staff works throughout the year to maximize profits from each operation.
During October, they work closely with each property manager in developing both an operational budget, a capital budget and a marketing plan to accomplish operational goals and objectives.
Since 1961, Paragon Hotel Corporation has been involved with many major franchises.
Our operations staff works throughout the year to maximize profits from each operation.
During October, they work closely with each property manager in developing both an operational budget, a capital budget and a marketing plan to accomplish operational goals and objectives.
Since 1961, Paragon Hotel Corporation has been involved with many major franchises.
Our development staff has the capability and expertise to carry out all functions required to develop a quality hotel project on time and within an approved budget.
Paragon Hotel Corporation's development capabilities include a network of individuals with vast experience in the fields of conceptual design, project feasibility, construction management, and project accounting.
Hotel development experience and expertise are conveyed to project architects and designers and reflected in their work.
Paragon Hotel Corporation remains excited and committed to developing quality hotel projects.
Paragon Hotel Corporation's development capabilities include a network of individuals with vast experience in the fields of conceptual design, project feasibility, construction management, and project accounting.
Hotel development experience and expertise are conveyed to project architects and designers and reflected in their work.
Paragon Hotel Corporation remains excited and committed to developing quality hotel projects.
The foundation of Paragon Hotel Corporation was established in 1961 with the formation of Romney International Hotels by Phoenix hotel operator Wayne Romney.
During the initial five years, Mr. Romney expanded the company to include eight hotel properties.
In the late 1960s, Romney International became affiliated with Jack R. Young and Associates of San Diego, preeminent hotel syndicates of the time.
From 1968 to 1971, Romney and Young expanded the corporation to 42 properties.
This rapid growth period included the acquisition of older properties with considerable deferred maintenance, creating the need for financial restructuring.
During the initial five years, Mr. Romney expanded the company to include eight hotel properties.
In the late 1960s, Romney International became affiliated with Jack R. Young and Associates of San Diego, preeminent hotel syndicates of the time.
From 1968 to 1971, Romney and Young expanded the corporation to 42 properties.
This rapid growth period included the acquisition of older properties with considerable deferred maintenance, creating the need for financial restructuring.
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