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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.
Ramada opened its first hotel, a 60-room facility, on U.S. Route 66 at Flagstaff, Arizona in 1954 and set up its headquarters in Phoenix, Arizona, where the chain built the Sahara Hotel on North 1st Street downtown in 1956 (which later became the Ramada Inn Downtown) and a 300-room Ramada Inn in the 3800 block of East Van Buren in 1958 that ...
Ramada International is the company that owns, operates, and franchises hotels using the Ramada brand name outside of the United States and Canada. Ramada International was formerly owned by Marriott International , a competitor of Cendant , which owned Ramada in the United States and Canada.
In February 1997 Marriott Hotels & Resorts chain bought the Renaissance chain, dropping the word Ramada from the Springfield hotel's name. [17] However, Marriott failed to renew the local franchise agreement eight years later in 2005, and the hotel name was then changed to the President Abraham Lincoln Hotel and Conference Center. [18]
Marriott International's headquarters in Bethesda, Maryland. Marriott International is the largest hotel company in the world by the number of available rooms. It has 36 brands with 8,785 properties containing 1,597,380 rooms in 141 countries and territories. [1]
Marriott Hotels & Resorts is Marriott International's brand of full-service hotels and resorts based in Bethesda, Maryland. As of June 30, 2020, there were 582 hotels and resorts with 205,053 rooms operating under the brand, in addition to 160 hotels with 47,765 rooms planned for development.