Paramount Hotel Debuts Multimillion-Dollar Refurbishment of their Guest Rooms and Corridors, and Café
(New York, NY; March 4, 2019) Paramount Hotel (235 W 46th Street), a historic landmark property, today announces it is near completion of an extensive multimillion-dollar refurbishment that includes upgrades to its guest rooms and corridors, as well as the introduction of a new dining concept. Originally built in 1927 during the height of Times Square development and later renovated by Philippe Starck in the 1980s, the hotel has long served as a symbol of the district’s evolution. The rooms and amenities at Paramount provide guests with a fresh experience that both reflects and propels Times Square’s current transformation.
“Paramount’s renewal is pivotal in heralding Times Square’s next golden era,” said Area Director of Sales and Marketing, Thomas Hines. “As the neighborhood evolves and continues to reinforce its reputation as the center of the universe—a thriving destination for culture and commerce—our new rooms and offerings enable guests to fully appreciate the authentic New York experience they remember or imagine. Whether they’re returning to Manhattan or arriving for the first time, travelers are immediately immersed in the energy of the city. These updates give them the comfort of uncluttered accommodations plus the added convenience of advanced in-room technologies and casual to-go food options, so they can make the most of their time.”
Guest room refurbishments include slate carpeting, a serene paint palette, and a complete ceiling re-finishing for an elevated sense of spaciousness. Enhanced LED lighting and HVAC equipment has been installed for an optimal and more efficient in-room atmosphere. WiFi systems were improved to ensure faster connections, and new 43-inch flat screen TVs allow guests to cast directly from their personal devices. Beds feature plush pillow-top mattresses lined with Egyptian cotton sheets, while upgraded blackout shades dim the bright lights of Broadway at night. Furthermore, guest doors are outfitted with cutting-edge RFID keyless entry locks—the safest, most secure form of room entry available today. Additionally, new carpeting, wall coverings, and enhanced LED lighting are also being installed in the guest corridors. A selection of all-new artwork has been curated for the hotel’s public areas. Additionally, the elevator lobby will feature artisanal millwork that nods to the hotel’s original architecture. Guest room and corridor finishes will be completed by April 2019.
In addition to the guest room and corridor refurbishment, the Paramount Hotel has recently launched the Paramount Café which offers grab and go fare throughout the day. The café is adjacent to the lobby and opens daily at 7am. Continental breakfast items include freshly baked pastries, muffins, a variety of juices, coffee, and tea. Those seeking something quick for lunch or dinner may select from chef-prepared sandwiches, wraps, paninis, and gourmet snacks. An ATM is conveniently located onsite. In the evening, full bar service is offered. Paramount Café extends to a streamlined co-working space, open 24 hours, where guests may utilize state-of-the-art iMac computers, and a lively game room furnished with a billiards table, table football, shuffleboard, and four 70-inch TVs.
Paramount Hotel is managed by Highgate, a premier real estate investment and hospitality management company whose growing portfolio includes more than 100 properties in gateway cities worldwide.
About Paramount Hotel:
Paramount Hotel is a New York City landmark located at 235 W 46th Street just steps from Times Square. Constructed in the French Renaissance style by Thomas W. Lamb in 1927, the building reflects the theatrical character of its neighborhood. The hotel features 605 contemporary guest rooms, including two suites, with advanced in-room technologies. Paramount Café is a lively gathering place, co-working space, and game room offering grab and go fare throughout the day and full bar service in the evening. Once home to Billy Rose’s famed Diamond Horseshoe night club, Paramount continues its legacy as a world-class destination for entertainment with Sony Hall, New York City's premiere music venue. The hotel also offers more than 2,355 feet of flexible meeting and event spaces—easily accessible and intimate settings for both corporate and special events. For more information or to make a reservation, please visit nycparamount.com or call (212) 764-5500.
Highgate is a premier real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu. Highgate also has an expanding presence in key European markets through properties in London, Paris, Barcelona, Vienna and Prague. Highgate’s portfolio of global properties represents an aggregate asset value exceeding $10B and generates over $2B in cumulative revenues. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Highgate has created a portfolio of bespoke hotel brands and utilizes industry leading proprietary revenue management tools that identify and predict evolving market dynamics to drive outperformance and maximize asset value. With an executive team consisting of some of the industry’s most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in New York, London, Dallas, Chicago and Seattle. For more information, visit highgate.com.