Ethan Kramer MS ’85

Bio

As Chief Investment + Development Officer, Ethan is responsible for growing the PM Hotel Group portfolio of hotels through hotel acquisitions and third-party management contracts. In this capacity, Ethan directs the Business Development team in sourcing and analyzing opportunities for strategic growth. The BD team focuses on investments that meet the investment criteria of its various capital partners including private equity firms, sovereign wealth funds, REITs and high net worth investors.

Previously, Ethan was co-founder of Paramount Hotel Group and in January 2022, the management division merged with PM Hotel Group.  He served as President of Paramount for 21 years and was instrumental in the expansion of PHG since inception and the acquisition of the Book My Group subsidiary. Ethan is also a veteran of Prime Hospitality Corp, having coordinated the expansion of a national brand (AmeriSuites), managing the investment of over $800 million in new hotel development over four years.

Ethan also serves as the Vice Chair on the Board of Trustees for the NJ based non-profit Imagine, a grief counseling center focused on children who have lost parents and siblings.