Wikipedia

Renaissance Hotels

Renaissance Hotels
TypeDivision (formerly listed)
IndustryHospitality
Founded1981[1]
FounderMarion W. Isbell
Headquarters
Bethesda, Maryland U.S,A
,
United States of America
Number of locations
176 (June 30, 2020)[2]
Area served
Worldwide
ParentMarriott International
Websiterenaissance-hotels.marriott.com

Renaissance Hotels is a luxury hotel brand of Marriott International. It was founded in 1981 as Ramada Renaissance, an upscale brand of Ramada Inns. In 1989 the brand was relaunched as Renaissance Hotels. It was bought by Marriott in 1997. As of June 30, 2020, it has 176 hotels with 55,501 rooms, in addition to 29 hotels with 7,613 rooms in the pipeline.[2]

History

The first Ramada Renaissance Hotel, opened in 1981 in Aurora, Colorado (today a Radisson)
Renaissance Hotel in São Paulo
An upscale hotel room in the Renaissance Hotels chain in Downtown Columbus, Ohio
Old 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 Inc Hotels & 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 purchased the Stouffer Hotels chain from Nestle for an estimated $1.5 Billion,[3] New World secured the rights to use the Stouffer name for 3 years during a transitional period. The former Stouffer Hotels were branded as Stouffer Renaissance Hotels until 1996, when the Stouffer branding was retired and the properties became Renaissance Hotels.

On September 27, 1995, New World Development (NWD), took their management and franchising company public (listing on the New York Stock Exchange) and become Renaissance Hotel Group N.V..[4] New World 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.[5] Some hotel buildings, however, remained as the property of the NWD group, such as Renaissance Harbour View Hotel of the Hong Kong Convention and Exhibition Centre complex.

On February 18, 1997 Marriott International bought Renaissance Hotel Group N.V. for US$1 billion from NWD.[6] The Ramada International brand was included in the acquisition.[7] In September 2004, Marriott sold the Ramada International brand to Cendant Corp. (today known as Wyndham).

Accommodations

Historical

US Non-US Total
2006[8] Properties 0135
Rooms 0048,051
2007[9] Properties 070 070 0140
Rooms 025,942 022,817 0048,759
2008[10] Properties 074 065 0139
Rooms 027,425 021,615 0049,040
2009[11] Properties 077 064 0141
Rooms 028,569 021,664 0050,233
2010[12] Properties 076 068 0144
Rooms 027,939 022,720 0050,659
2011[13] Properties 078 074 0152
Rooms 028,880 023,737 0052,617
2012[14] Properties 077 076 0153
Rooms 028,248 024,692 0052,940
2013[15] Properties 074 077 0151
Rooms 026,840 024,711 0051,551
2014[16] Properties 076 081 0157
Rooms 027,239 025,368 0052,607

From 2015

North
America		 Europe Middle E.
& Africa		 0Asia &0
Pacific		 Caribbean
Latin Am.		 Total
2015[17] Properties 082 036 003 031 08      160
Rooms 027,359 008,632 0921 012,116 02,565 051,593
2016[18] Properties 084 036 004 031 08      163
Rooms 028,038 008,548 001,076 011,899 02,565 052,126
2017[19] Properties 086 036 005 033 08      168
Rooms 028,510 008,563 001,388 012,271 02,565 053,297
2018[20] Properties 088 036 004 039 08      175
Rooms 029,104 008,564 001,233 013,633 02,565 055,099
2019[21] Properties 086 034 004 042 09      175
Rooms 028,597 008,049 001,035 014,535 02,745 054,961

Properties and locations

Renaissance Hotel, Nashville

The Ramada Renaissance brand began with large hotels in major urban centers.[22] However, as Marriott has decided to expand their "lifestyle" collection, including the Renaissance brand, the hotels can be found in 176 locations globally.[2][23]

See also

  • Rosewood Hotel Group, another hotel group, established by Renaissance Hotels former owner New World Development

References

  1. ^ a b Grimes, Paul (October 18, 1981). "PRACTICAL TRAVELER; ROOMS AT THE TOP". The New York Times. Retrieved April 8, 2018.
  2. ^ a b c "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. ^ "Management discussion and analysis of the group performance". 1995 Annual Report (PDF). Hong Kong: New World Development. 1995. p. 21. Retrieved December 31, 2018.
  5. ^ Sito, Peggy (July 28, 1997). "New World in US$80m hotels deal". South China Morning Post. Hong Kong. Retrieved November 10, 2018.
  6. ^ Sanchez, Jesus (February 19, 1997). "Marriott to Buy Renaissance for $1 Billion". Los Angeles Times. Retrieved January 27, 2019.
  7. ^ McDowell, Edwin (February 19, 1997). "Marriott Aims Overseas With Acquisition". The New York Times. Retrieved November 10, 2018.
  8. ^ "2006 Annual Report". www.marriott.gcs-web.com. p. 20.
  9. ^ "2007 Annual Report". www.marriott.gcs-web.com. p. 26.
  10. ^ "2008 Annual Report". www.marriott.gcs-web.com. p. 22.
  11. ^ "2009 Annual Report". www.marriott.gcs-web.com. p. 19.
  12. ^ "2010 Annual Report". www.marriott.gcs-web.com. p. 18.
  13. ^ "2011 Annual Report". www.marriott.gcs-web.com. p. 19.
  14. ^ "2012 Annual Report". www.marriott.gcs-web.com. p. 22.
  15. ^ "2013 Annual Report". www.marriott.gcs-web.com. p. 20.
  16. ^ "2014 Annual Report". www.marriott.gcs-web.com. p. 17.
  17. ^ "2015 Annual Report". www.marriott.gcs-web.com. p. 5.
  18. ^ "2016 Annual Report". www.marriott.gcs-web.com. p. 7.
  19. ^ "2017 Annual Report". www.marriott.gcs-web.com. p. 7.
  20. ^ "2018 Annual Report". www.marriott.gcs-web.com. p. 6.
  21. ^ "2019 Annual Report". www.marriott.gcs-web.com. p. 6.
  22. ^ "RAMADA INNS PLANS 13-HOTEL EXPANSION". The New York Times. AP. April 16, 1981. Retrieved April 8, 2018.
  23. ^ "Find Renaissance Hotel Locations". Renaissance Hotels. Retrieved April 8, 2018.

External links

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