 From top to bottom: Original Ramada Inn logo, Ramada Worldwide (Cendant) logo, current 2005 logo, and Ramada International logo. Ramada is a hotel chain owned and operated by Cendant. Image File history File links Ramada_Logos. ...
Image File history File links Ramada_Logos. ...
A hotel chain is a group of hotels managed together under a business arrangement known as franchising. ...
Cendant Corporation (NYSE: CD) is a New York-based provider of business and consumer services, primarily within the real estate and travel sectors. ...
History
The company was founded in 1954 by longtime Chicago restauranter Marion W. Isbell (1905-1988) in Phoenix, Arizona. Mr. Isbell, who, like his counterpart, Kemmons Wilson, the founder of the Holiday Inn hotel chain had devised the idea of building and operating a chain of roadside motor hotels while he was on a cross-country trip with his wife in 1929. The name "Ramada" was coined for its Spanish definition of "shady resting place." Flag Seal Nickname: Valley of the Sun Location Location in Maricopa County and the state of Arizona Coordinates , Government Country State Counties United States Arizona Maricopa Incorporated February 25, 1881 Mayor Phil Gordon (D) Geographical characteristics Area City 1,230. ...
Kemmons Wilson (January 5, 1913 – February 12, 2003) was the founder of the Holiday Inn chain of hotels. ...
Holiday Inn is a brand name applied to hotels within the InterContinental Hotels Group. ...
The chain at one point was owned by Ramada Inns, Inc., a holding company created by Isbell to oversee Ramada's various divisions including hotel operations, franchising, real estate, equipment purchasing and others. Under Isbell's leadership, Ramada grew into one of the nation's largest lodging chains during the 1960s and 1970s with 100 Ramada Inns in operation by 1964 growing to 250 in 1970 and nearly 650 by 1976, when Ramada ranked as the second largest hotel chain in the U.S. behind industry leader Holiday Inns. Also during the 1970s, Ramada expanded into a worldwide operation by opening new hotels in various European nations and other continents.
Ramada developed a chain of restaurants similar to the Howard Johnson's restaurants which were also located inside of the hotels under various names including Uncle Ben's Kitchen, Ramada Pancake Cottage and Chez Bon. The Ramada restaurants became defunct in 1990. Present-day corporate logo of Howard Johnsons motor lodges (Cendant) Present-day corporate logo of Howard Johnsons restaurant chain (Cendant) Howard Johnsons is a U.S. chain of restaurants and hotels (now separate companies) which was founded in 1925 by Howard Deering Johnson when he borrowed $2...
Around 1980 the comany formed a division, Adamar of New Jersey (Ramada spelled backwards), to hold some of the its casino operations. As the lodging business suffered from the devastating effects of the early 1980s recession, Ramada began to retrench some of its operations by dropping many of its older and less profitable franchisees and tightening quality standards of remaining franchised inns and hotels while plunging further into the casino and luxury hotel market and leaving behind its old image as predominately a chain of roadside hotels.
In an attempt to revive the company's lagging business, Ramada Inns, Inc. in 1989 decided to split its hotel/restaurant businesses and its gaming businesses. The Ramada hotels and restaurants were sold for $540 million to New World Development Company and the gaming business which included Tropicana Casino Resort Atlantic City and the Tropicana Resort & Casino in Las Vegas, Nevada as well as the Ramada Express in Laughlin, Nevada, Casino Aztar Evansville in Evansville, Indiana and and Casino Aztar Caruthersville in Caruthersville, Missouri were spun off to a new company called Aztar Corporation. In the original deal for the gaming business Ramada shareholders were supposed to get $7 in cash per share plus half a share of the new Aztar Corporation. However, this changed fairly quickly to a new deal where shareholders would receive $1 per share plus one share of Aztar Corporation. In the late 1990's Ramada was sold to Cendant Corporation of New York City. The Tropicana Casino Resort is a casino and hotel located at Brighton Avenue and the Boardwalk in Atlantic City, New Jersey. ...
Opened in 1957, the Tropicana Resort & Casino is one of the oldest hotel/casinos on the Las Vegas Strip in Las Vegas, Nevada. ...
Flag Seal Nickname: The Entertainment Capital of the World Location Location of Las Vegas in Nevada Coordinates , Government County Clark Mayor Oscar B. Goodman Geographical characteristics Area City 113. ...
Laughlin is a census-designated place located in Clark County, Nevada. ...
Casino Aztar Evansville, in Evansville, Indiana, is a $110 million entertainment facility that includes a 2,700 passenger riverboat casino, a 250 room hotel, a 1,660 vehicle parking garage and Riverfront Pavilion housing pre-boarding facilities, retail shops, restaurants, and lounge area. ...
Flag Seal Nickname: River City Location Location in the state of Indiana Government Country State County United States Indiana Vanderburgh Mayor Jonathan Weinzapfel Geographical characteristics Area City 105. ...
Casino Aztar Caruthersville is a 21,000 sqare foot riverboat casino located in Caruthersville, Missouri. ...
Caruthersville is a city located in Pemiscot County, Missouri. ...
Aztar Corporation (NYSE: AZR) is a hospitality company that is focused on resort hotels and casinos. ...
This article is about the year. ...
Cendant Corporation (NYSE: CD) is a New York-based provider of business and consumer services, primarily within the real estate and travel sectors. ...
Midtown Manhattan, looking north from the Empire State Building, 2005 New York City (officially named the City of New York) is the most populous city in the state of New York and the entire United States. ...
Under Cendant's ownership Ramada franchises Ramada, Ramada Limited, Ramada Renaissance and Ramada Suites in the United States and Canada. Ramada itself no longer directly or indirectly owns or operates any of the Ramada hotels. Outside of the U.S. and Canada, Ramada hotels are owned, operated or franchised by Ramada International which until recently was owned by rival hotel operator Marriott International but was purchased in 2004 by Cendant Corporation, giving Cendant the worldwide rights to the Ramada name. Ramada International remains separate from the Ramada operations in the United States and Canada. Marriott International, Inc. ...
See also From top to bottom: Original Ramada Inn logo, Ramada Worldwide (Cendant) logo, current 2005 logo, and Ramada International logo. ...
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