Renaissance Hotels

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]

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

History
The first Ramada Renaissance Hotel, opened in 1981 in Aurora, Colorado (today a Radisson)
An upscale hotel room in the Renaissance Hotels chain in Downtown Columbus, Ohio
Older 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
USNon-USTotal
2006[8]Properties135
Rooms48,051
2007[9]Properties7070140
Rooms25,94222,81748,759
2008[10]Properties7465139
Rooms27,42521,61549,040
2009[11]Properties7764141
Rooms28,56921,66450,233
2010[12]Properties7668144
Rooms27,93922,72050,659
2011[13]Properties7874152
Rooms28,88023,73752,617
2012[14]Properties7776153
Rooms28,24824,69252,940
2013[15]Properties7477151
Rooms26,84024,71151,551
2014[16]Properties7681157
Rooms27,23925,36852,607

From 2015
North
America		 Europe Middle E.
& Africa		Asia &
Pacific		Caribbean
Latin Am.		Total
2015[17]Properties82363318160
Rooms27,3598,63292112,1162,56551,593
2016[18]Properties84364318163
Rooms28,0388,5481,07611,8992,56552,126
2017[19]Properties86365338168
Rooms28,5108,5631,38812,2712,56553,297
2018[20]Properties88364398175
Rooms29,1048,5641,23313,6332,56555,099
2019[21]Properties86344429175
Rooms28,5978,0491,03514,5352,74554,961
2020[22]Properties87334439176
Rooms28,8807,8461,03514,9722,74555,478

Properties and locations
Renaissance Hotel, Nashville

The Ramada Renaissance brand began with large hotels in major urban centers.[23] However, as Marriott has decided to expand their "lifestyle" collection, including the Renaissance brand, the hotels can be found in 176 locations globally.[2][24]

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. "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. "2020 Annual Report". www.marriott.gcs-web.com. p. 13.
  23. "RAMADA INNS PLANS 13-HOTEL EXPANSION". The New York Times. AP. April 16, 1981. Retrieved April 8, 2018.
  24. "Find Renaissance Hotel Locations". Renaissance Hotels. Retrieved April 8, 2018.
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