Renaissance Hotels was founded as Ramada Renaissance in 1981, as an upscale brand of
Ramada Inns.
Hong Kong-based
New World Development (NWD) acquired Ramada in 1989 and re-launched Renaissance Hotels as a separate brand. The brand was acquired by
Marriott International in 1997. As of January 31, 2023, it has over 170 hotels worldwide.[2]
History
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. 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 Development acquired the Stouffer Hotels (40 Hotels) chain from
Nestle for an estimated $1.5 Billion,[3] New World Development licensed the Stouffer Hotels brand for 3 years and 28 U.S. Stouffer properties were reflagged as Stouffer Renaissance during a transitional period lasting until 1996.[4] The Stouffer Presidente hotels in Mexico became Inter-Continental hotels.[5]
On September 27, 1995, New World Development (NWD), took their management and franchising company public (listing on the New York Stock Exchange) and created a new company called Renaissance Hotel Group N.V..[6] which operated the New World, Renaissance & Ramada International hotel brands. New World Development 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.[7]
On February 18, 1997
Marriott International bought the Renaissance Hotel Group N.V. for US$1 billion from NWD. The deal dramatically expanded Marriott's presence in fast-growing Asian markets.[8] The Marriott announcement came only a few weeks after Renaissance Hotel Group N.V., tentatively agreed to be sold to rapidly expanding Doubletree Corp. However, Marriott surpassed Doubletree's $890-million offer.[9] The Marriott acquisition did not include the Stouffer Hotels brand. The Ramada International brand was included in the acquisition.[10]
Renaissance Hotel Group N.V. operated and franchised 150 hotels with 35 based in the United States. Marriott had 1,035 Hotels based in the U.S. and 75 additional hotels operating outside of the U.S. The acquisition of the Renaissance and Ramada portfolio by Marriott expanded its footprint globally.[11] In September 2004, Marriott sold the Ramada International brand to Cendant Corp., today known as Wyndham.
The Ramada Renaissance brand began with large hotels in major urban centers.[29] However, as Marriott has decided to expand their "lifestyle" collection, including the Renaissance brand, the hotels can be found in 176 locations globally.[2][30]
Chicago, United States: The historic
Blackstone Hotel, known for hosting many U.S. presidents, was operated as the Renaissance Blackstone Hotel from 2008 to 2017, when it was transferred to the
Autograph Collection brand.[32]
Cincinnati, United States: The
Bartlett Building was once the tallest building in the state of
Ohio when it was first built. It was repurposed as the Renaissance Cincinnati Downtown Hotel in 2014.[33]
Dallas, United States: The
Renaissance Dallas Hotel, notable for its elliptical and diagonal roofline, opened in 1983 as a
Wyndham, before Marriott assumed management as a Renaissance in 1997.[36]
The
Ilikai Hotel & Luxury Suites was managed by Renaissance between 2000 and 2006. It is known for being the first luxury high rise hotel in Hawaii, and for being seen in the opening credits of the TV series Hawaiian Five-O.[37]
Kuala Lumpur, Malaysia: The
Renaissance Kuala Lumpur Hotel formerly consisted of two separate wings joined by a podium structure. In 2023, the East Wing was converted into a separate hotel, the
Four Points by Sheraton Kuala Lumpur City Centre, with Renaissance retaining the West Wing.[38]
The
St Pancras Renaissance London Hotel forms the frontispiece of
St Pancras railway station. Opening in 2011, it occupies the former St Pancras Chambers railway offices, itself formerly a hotel called the Midland Great Hotel, which existed between 1873 and 1935.[39]
Miami Beach, United States: The
Eden Roc Miami Beach Hotel was operated by Renaissance from 2005 to 2013, when disagreements between Marriott and the owners led to the former exiting the venture.[41]
The
Battle House Hotel is one of the earliest steel frame buildings in Alabama. The current structure dates back to 1908 following the destruction of the First Battle House Hotel, whose history can be traced back prior to the
American Civil War. After a two-year restoration, it was reflagged as The Battle House Renaissance Mobile Hotel & Spa in 2007.[42]
Nashville, United States: The
Renaissance Nashville Hotel was one of the Stouffer Hotels renamed to Renaissance following its purchase by New World Development.[43]
Renaissance managed the
Stanford Court Hotel between 1993 and 2013, having inherited it from Stouffer Hotels.[48]
The
Parc 55 San Francisco opened as a Ramada Renaissance in 1984.[49] It left the chain in 1989, joined Renaissance again in 1998, before leaving for good in 2007.
Schaumburg, United States: In July 2014, the
Renaissance Schaumburg Convention Center Hotel gained notoriety for hosting the
Tumblr-inspired
DashCon convention, which had a number of issues between its organizers, attendees, and the alleged non-payment of the venue fee to the hotel.
St. Louis, United States: The
Marriott St. Louis Grand Hotel was previously branded the Renaissance St. Louis Grand Hotel from 2002 to 2009, when it was closed due to a non-payment dispute between the owners and bondholders.[54]
St. Petersburg, United States: The historic
Vinoy Hotel was branded a Renaissance following the New World Development purchase of Stouffer Hotels. It became an
Autograph Collection hotel in 2023.[55]
Washington, D.C., United States: The
Mayflower Hotel was inherited by New World Development following its purchase of Stouffer Hotels.[56] It was a branded a Renaissance from 1993 to 2015, when it was moved to the
Autograph Collection.[57]
See also
Rosewood Hotel Group, another hotel group, established by Renaissance Hotels former owner New World Development
^"Management discussion and analysis of the group performance".
1995 Annual Report(PDF). Hong Kong: New World Development. 1995. p. 21. Retrieved December 31, 2018.
^Piscia, Jason (August 26, 2005). "Renaissance cuts Marriott ties / New name will be President Abraham Lincoln Hotel and Conference Center". State Journal-Register.