Today, Generator announces it will manage the legendary Paramount Hotel in New York, joining the brand’s current 15-property portfolio as the third Generator property in North America, including sites in Miami, Florida and Washington, DC. This deal marks a milestone for the company as an opportunity to operate its first third-party management agreement, with further deals to be announced shortly. Aby Rosen’s RFR has selected Generator to curate the next chapter of the historic Paramount Hotel, and the takeover will see an extensive refurbishment aiming to retain the Paramount’s essence and character while upgrading the hotel’s 605 guestrooms, public areas, retail spaces, and iconic lobby bar
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