Why Choose Paramount

Run by Hoteliers

Paramount was founded by and is run by hoteliers.

PIPs, RevPAR, CPOR, OSAT, SALT, CRO and more…

Our principals have owned, operated and developed hotels. We understand the perspective of owners, franchisors, management companies and lenders because simply put…we have been there.

Team Driven

Paramount takes a unique approach to hotel brokerage.

You will never have a listing broker; you will always have a listing team with a combination of talents such as local market access, skilled financial analysis, aggressive sales communication, and much more. The sum of our team’s abilities allows us to maximize your hotel sales price better than any other hotel broker.

Meet Our Team

Cooperative Broker

We openly and actively cooperate with other brokers on our listings.

We recognize that “we don’t know everyone on this planet” and are willing to share our brokerage commissions in order to achieve owners’ objectives. While many brokers may “say” they cooperate, we are the only major hotel brokerage firm that actively cooperates in practice. More exposure means more opportunity to get our clients the highest hotel sale price – whether it is our traditional industry buyer, a cooperative broker bringing a 1031 Exchange Buyer, or an Alternative Use buyer to complete the transaction.

Client Database

We directly manage our client database; we do not rely on outside services to distribute our listings, nor do we buy contact lists. Our database comes from attending every major hotel conference in the United States and select International conferences. Our database comes from the hundreds of articles, transaction reports, client meetings, and sales calls that we incorporate every week.

We make sure that information on your hotel for sale goes to the proper real estate decision maker… not the IT Director or even worse, your Hotel General Manager.

Market Coverage

Our Geographic Distribution allows us to cover most North American Markets with local presence.

Our office network also allows us the ability to work on portfolio dispositions with multiple hotel locations.

Our offices actively collaborate with each other, bringing their regional buyers to evaluate other office hotel listings. This “cross pollination” of the hospitality community also helps us drive greater listing exposure.

Advisor to the Industry’s Best

Recent Transactions

COMFORT SUITES BENTON HARBOR ST. JOSEPH, MI
...
11 October, 2019No comment
COURTYARD CHICAGO ELMHURST, IL
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10 October, 2019No comment
HOMETOWNE STUDIOS & SUITES O’FALLON, IL
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08 October, 2019No comment

Transaction Success

95%+ Close rate on all listings.

Achieve an average of 108% of Owner Strike Price on transactions.

Recognized by INC. Magazine as one of fastest growing companies in the U.S. for five consecutive years.

Transaction track record in all hotel segments. PLA has sold hotels from 2MM economy hotels to 100MM resorts.

Successfully closed transactions within all major brand families.

Testimonials

“Paramount Lodging Advisors delivered exactly what was needed from our hotel broker. They were focused on selling our hotel and despite many challenges did so at a price we were comfortable with."
Selo Stubla LLC
"Paramount [Lodging Advisors]'s early input, value assessment and operational suggestions were very helpful in our being able to proceed effectively with our foreclosure process. Your recommendations of management companies/ receivers were key to our moving in a positive direction with a very challenging asset."
BRT Realty Trust
“When the time came to market and sell the property, your brokerage team was effective and interactive with us. We listed the property in September and had it sold and closed by the year end! I would be happy to share with any of your prospective clients our extremely positive experience with Paramount Lodging Advisors. Thank you again for all your efforts on our behalf.”
Maggie Murphy Severino, Senior Vice President, Busey Bank
“We were more than pleased with PLA’s marketing effort. From start to finish it was handled professionally and thoroughly. The city was impressed with the number of qualified lodging groups that PLA introduced us to. We could not be more pleased with the qualifications of the new buyer and their future plans for the asset, as it parallels our vision for downtown Jamestown.”
Vince DeJoy, Jamestown Director of Development
“Our broker, Adam Montufar, went above and beyond our expectations in the sale of our hotel. The marketing was precise, aggressive, and effective, but the ability to close the sale is what impressed us the most. The level of professionalism that Adam displayed during the entire process speaks volumes to the kind of company that Paramount Lodging Advisors is and the kind of professionals they have working for them.”
BJ Knapp, President, Oakmoor Management Company

BUY A HOTEL

Review our public hotel listings or speak to a Paramount Hotel Advisor to find a hotel acquisition that fits your needs.

Learn More

SELL A HOTEL

Paramount can sell your hotel; learn why we are unparalleled in the Hospitality Industry and how we can help you.