The bustle of the street disappears as you step inside Paramount Hotel. Our Times Square, New York hotel's chic, two-story lobby, with its reflective fireplace, dramatic lighting, and rich textures, sets the stage for a hip, indulgent experience. Whether you are traveling for business or pleasure, Paramount Hotel makes a stylish, comfortable, and centrally located home base for all of your adventures in New York City. Recently updated but retaining its historical charm, Paramount Hotel is the only hotel near Broadway NYC with genuine personality.