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Ramada Asia-Pacific is the regional arm of the Ramada International hotel chain operated by the Wyndham Hotel Group. The Wyndham Hotel Group franchises hotels and provides property management services around the globe.
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 ...
' Combined Stock Prices Index ', IHSG) is an index of all stocks listed on the Indonesia Stock Exchange, ... Date Closing 800 20 April 2004 810.86
[11]: 96 The price was US$80 million (approx. HK$619 million). [ 28 ] : 70 According to South China Morning Post , despite New World Development did not disclose the list of the hotels involved in the disposals, it was believed to be those hotels that were under the management of Renaissance and Ramada brands.
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.
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.