07.09.07
Radisson Hotel Jacksonville Butler Boulevard Honored with 2007 Aspire Award From Radisson Hotels and Resorts
Achievement Underscores Hotel’s Consistent Revenue Growth Over a Past Two Years

Contact
Michael J. LaCosta, Vice President
Beckerman Public Relations
(908) 781-6420, michaelj@beckermanpr.com

JACKSONVILLE, Fla. (July 9, 2007) - Since the lobby doors opened for business in 2005, the Radisson Hotel Jacksonville Butler Boulevard has seen its revenue grow by more than 20 percent, ¬an accomplishment honored this year with the 2007 Aspire Award from Radisson Hotels and Resorts.

Owned by The Paramount Hotel Group and AMC Delancey Group, Inc., the Radisson Hotel Jacksonville Butler Boulevard has had the highest revenue per available room growth over the past year throughout the Radisson Hotels and Resorts system.

The recent honor not only secures the establishment’s position as the best hotel for business in Jacksonville and surrounding areas, but also highlights the first-class experience that both vacationing guests and corporate clients receive in any of the 167 signature rooms.

“Our revenue and ultimately, our continued success, depends on the first-class rooms, amenities, and services that any guest expects, regardless of the occasion,” said Keith Dunker, general manager of the Radisson Hotel Jacksonville Butler Boulevard. “We are grateful to receive this award, and eager to continue raising the bar for excellence in hospitality.”

Located off I-95 at J. Turner Butler Boulevard, the Radisson Hotel Jacksonville Butler Boulevard is a six-story hotel offering state-of-the-art conference facilities for corporate meetings and events. The hotel is situated within a bustling commercial district south of downtown Jacksonville and is just 11 miles from Jacksonville Municipal Sports Arena, home of the Jacksonville Jaguars. In addition, the Radisson Hotel offers convenient access to two Jacksonville medical facilities, St. Luke’s Hospital and the Mayo Clinic.

About Paramount Hotel Group
Founded in 1999, Paramount Hotel Group is a premier hotel management and development company that specializes in management of full and limited-service hotels nationwide. As an independent operator, the Paramount team has successfully managed hotels under all major brands including Marriott, Hilton, Radisson, Sheraton, Crown Plaza, and Holiday Inn. The company is headquartered in Fairfield, New Jersey. For more information, visit www.paramounthotelgroup.com.

About AMC Delancey Group, Inc.
Founded by Kenneth P. Balin in 1992, AMC Delancey Group, Inc. is a leading real estate investment and development firm that aligns interests and co-invests with a growing number of real estate operating partners throughout the United States. Headquartered in Philadelphia, Pennsylvania, the Company's programmatic approach focuses first on the quality of potential operating partners, next on their investment strategies, and then on the specific properties proposed for acquisition. The Company's current investment programs include hotel, office, retail, multi-family, condominium, mixed use, and land development. AMC Delancey plans to expand these and future investment programs throughout the United States, with both existing and new operating partners, with investments targeted over the next several years in excess of one billion dollars. For more information, visit www.amcdelancey.com.