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 U.S,A
,
United States of America
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)
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
USNon-USTotal
2006[8]Properties     0135
Rooms0048,051
2007[9]Properties     070     070     0140
Rooms025,942022,8170048,759
2008[10]Properties     074     065     0139
Rooms027,425021,6150049,040
2009[11]Properties     077     064     0141
Rooms028,569021,6640050,233
2010[12]Properties     076     068     0144
Rooms027,939022,7200050,659
2011[13]Properties     078     074     0152
Rooms028,880023,7370052,617
2012[14]Properties     077     076     0153
Rooms028,248024,6920052,940
2013[15]Properties     074     077     0151
Rooms026,840024,7110051,551
2014[16]Properties     076     081     0157
Rooms027,239025,3680052,607

From 2015
North
America		 Europe Middle E.
& Africa		0Asia &0
Pacific		Caribbean
Latin Am.		Total
2015[17]Properties     082     036     003     031          08     160
Rooms027,359008,632     0921012,116     02,565051,593
2016[18]Properties     084     036     004     031          08     163
Rooms028,038008,548001,076011,899     02,565052,126
2017[19]Properties     086     036     005     033          08     168
Rooms028,510008,563001,388012,271     02,565053,297
2018[20]Properties     088     036     004     039          08     175
Rooms029,104008,564001,233013,633     02,565055,099
2019[21]Properties     086     034     004     042          09     175
Rooms028,597008,049001,035014,535     02,745054,961

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. 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. "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.
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