Renaissance_Hotels

Renaissance Hotels

Renaissance Hotels

Hotel brand of Marriott International


Renaissance Hotels was founded as Ramada Renaissance in 1981, as an upscale brand of Ramada Inns. Hong Kong-based New World Development (NWD) acquired Ramada in 1989 and re-launched Renaissance Hotels as a separate brand. The brand was acquired by Marriott International in 1997. As of January 31, 2023, it has over 170 hotels worldwide.[2]

Quick Facts Company type, Industry ...
A Renaissance Hotel next to Hartsfield-Jackson Atlanta International Airport in Atlanta

History

The first Ramada Renaissance Hotel, now a Radisson, opened in 1981 in Aurora, Colorado
An upscale hotel room in the Renaissance Hotels chain in Downtown Columbus, Ohio
The original Renaissance logo

Renaissance Hotels was founded in 1981 as Ramada Renaissance, an upscale division of Ramada Inns.[1] The first property was located in Aurora, Colorado, outside Denver. Ramada's hotels and restaurants were sold to Hong Kong-based New World Development Ltd. in 1989 for $540 million. New World divided the Renaissance Hotels brand into a separate chain and developed Renaissance & Ramada as independent hotel brands. (the U.S. rights to the Ramada name were sold to Prime Hospitality), and the former Ramada Corp. was renamed Aztar Corp.

In 1993, New World Development acquired the Stouffer Hotels (40 Hotels) chain from Nestle for an estimated $1.5 Billion,[3] New World Development licensed the Stouffer Hotels brand for 3 years and 28 U.S. Stouffer properties were reflagged as Stouffer Renaissance during a transitional period lasting until 1996.[4] The Stouffer Presidente hotels in Mexico became Inter-Continental hotels.[5]

On September 27, 1995, New World Development (NWD), took their management and franchising company public (listing on the New York Stock Exchange) and created a new company called Renaissance Hotel Group N.V..[6] which operated the New World, Renaissance & Ramada International hotel brands. New World Development retained ownership of many of the individual hotel structures through CTF Holdings, a private company owned by the Cheng family, the owner of NWD group.[7]

On February 18, 1997 Marriott International bought the Renaissance Hotel Group N.V. for US$1 billion from NWD. The deal dramatically expanded Marriott's presence in fast-growing Asian markets.[8] The Marriott announcement came only a few weeks after Renaissance Hotel Group N.V., tentatively agreed to be sold to rapidly expanding Doubletree Corp. However, Marriott surpassed Doubletree's $890-million offer.[9] The Marriott acquisition did not include the Stouffer Hotels brand. The Ramada International brand was included in the acquisition.[10]

Renaissance Hotel Group N.V. operated and franchised 150 hotels with 35 based in the United States. Marriott had 1,035 Hotels based in the U.S. and 75 additional hotels operating outside of the U.S. The acquisition of the Renaissance and Ramada portfolio by Marriott expanded its footprint globally.[11] In September 2004, Marriott sold the Ramada International brand to Cendant Corp., today known as Wyndham.

Accommodations

Historical

More information US, Non-US ...

From 2015

More information North America, Europe ...

Properties and locations

Renaissance Hotel in Nashville, Tennessee

The Ramada Renaissance brand began with large hotels in major urban centers.[29] However, as Marriott has decided to expand their "lifestyle" collection, including the Renaissance brand, the hotels can be found in 176 locations globally.[2][30]

Notable properties

See also


References

  1. Grimes, Paul (October 18, 1981). "PRACTICAL TRAVELER; ROOMS AT THE TOP". The New York Times. Retrieved April 8, 2018.
  2. "Renaissance Hotels". Marriott Hotels Development. Retrieved August 19, 2020.
  3. McDowell, Edwin (April 1, 1993). "Nestle to Sell Its Stouffer Hotel Unit". The New York Times. Retrieved January 27, 2019.
  4. "RENAISSANCE CLEVELAND HOTEL". Encyclopedia of Cleveland History | Case Western Reserve University. February 10, 2020. Retrieved June 7, 2023.
  5. Butler, Edgar W. (October 8, 2018). Mexico And Mexico City In The World Economy. Routledge. ISBN 978-0-429-97859-3.
  6. "Management discussion and analysis of the group performance". 1995 Annual Report (PDF). Hong Kong: New World Development. 1995. p. 21. Retrieved December 31, 2018.
  7. Sito, Peggy (July 28, 1997). "New World in US$80m hotels deal". South China Morning Post. Hong Kong. Retrieved November 10, 2018.
  8. Sanchez, Jesus (February 19, 1997). "Marriott to Buy Renaissance for $1 Billion". Los Angeles Times. Retrieved January 27, 2019.
  9. McDowell, Edwin (February 19, 1997). "Marriott Aims Overseas With Acquisition". The New York Times. ISSN 0362-4331. Retrieved June 7, 2023.
  10. McDowell, Edwin (February 19, 1997). "Marriott Aims Overseas With Acquisition". The New York Times. Retrieved November 10, 2018.
  11. "2006 Annual Report". www.marriott.gcs-web.com. p. 20.
  12. "2007 Annual Report". www.marriott.gcs-web.com. p. 26.
  13. "2008 Annual Report". www.marriott.gcs-web.com. p. 22.
  14. "2009 Annual Report". www.marriott.gcs-web.com. p. 19.
  15. "2010 Annual Report". www.marriott.gcs-web.com. p. 18.
  16. "2011 Annual Report". www.marriott.gcs-web.com. p. 19.
  17. "2012 Annual Report". www.marriott.gcs-web.com. p. 22.
  18. "2013 Annual Report". www.marriott.gcs-web.com. p. 20.
  19. "2014 Annual Report". www.marriott.gcs-web.com. p. 17.
  20. "2015 Annual Report". www.marriott.gcs-web.com. p. 5.
  21. "2016 Annual Report". www.marriott.gcs-web.com. p. 7.
  22. "2017 Annual Report". www.marriott.gcs-web.com. p. 7.
  23. "2018 Annual Report". www.marriott.gcs-web.com. p. 6.
  24. "2019 Annual Report". www.marriott.gcs-web.com. p. 6.
  25. "2020 Annual Report". www.marriott.gcs-web.com. p. 8.
  26. "2021 Annual Report". www.marriott.gcs-web.com. p. 6.
  27. "2022 Annual Report". www.marriott.gcs-web.com. p. 6.
  28. "RAMADA INNS PLANS 13-HOTEL EXPANSION". The New York Times. AP. April 16, 1981. Retrieved April 8, 2018.
  29. "Find Renaissance Hotel Locations". Renaissance Hotels. Retrieved April 8, 2018.
  30. Tom Demeropolis (July 29, 2014). "Renaissance Hotel opens in downtown Cincinnati". Retrieved December 1, 2023.
  31. Alleman, Lisa; O'Grady, F.X. "Hotel Cleveland". clevelandhistorical.org. Retrieved December 1, 2023.
  32. "Renaissance Columbus Downtown Hotel, Columbus | 119107". Emporis. Archived from the original on July 23, 2020. Retrieved December 1, 2023.
  33. "St. Pancras Renaissance Hotel". KIN London. Retrieved December 1, 2023.
  34. Harmer, Janet (2011). "Marriott to end management of Renaissance London Chancery Court". Caterersearch.com. Retrieved December 1, 2023.
  35. "Renaissance Nashville Hotel". Emporis. Archived from the original on October 22, 2012. Retrieved December 1, 2023.
  36. Lowry, "Renovated Fulton Building opening as Renaissance Pittsburgh Hotel," Pittsburgh Post-Gazette News, March 13, 2001.
  37. "Renaissance Hotel, Providence". Marriott Hotels. Retrieved December 1, 2023.
  38. "Delta Regina". SkyscraperPage.com. Retrieved December 1, 2023.
  39. Mike Higdon (April 5, 2017). "Former casino reemerges as a Renaissance Hotel in downtown Reno". Reno Gazette-Journal. Retrieved December 1, 2023.
  40. "Bike mural?? Pt 1 1984". The San Francisco Examiner. October 5, 1984. p. 21.
  41. "Delta Hotels Saskatoon Downtown Undergoes Transformation and Rebranding". Hotelier Magazine. January 25, 2019. Retrieved December 1, 2023.
  42. "Renaissance Seattle Hotel". Travel Weekly. Archived from the original on June 18, 2021. Retrieved July 9, 2022.
  43. Piscia, Jason (August 26, 2005). "Renaissance cuts Marriott ties / New name will be President Abraham Lincoln Hotel and Conference Center". State Journal-Register.
  44. McDowell, Edwin (April 1, 1993). "Nestle to Sell Its Stouffer Hotel Unit". The New York Times. Retrieved December 1, 2023.
  45. niedt, Bob (May 6, 2015). "The Mayflower Hotel Is Adopting a New Brand, Image". Washington Business Journal. Retrieved December 1, 2023.

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