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- Founded: 1954
- Founder: Marion W. Isbell
- Name: Ramada Worldwide, Inc.
- President: Keith J. Pierce
- Parent Company: Wyndham Worldwide
- Headquarters: Parsippany, N.J.
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Ramada Worldwide is a hotel brand founded in 1954 by Marion W. Isbell. The first Ramada property was built in Flagstaff, Arizona, along Route 66. The name 'Ramada' came from the Spanish word meaning "a shaded resting place".
The Early Years
Ramada established headquarters Phoenix, Arizona. The concept of developing a chain of moderately priced motor hotels, situated near major U.S. highways came to Marion Isbell during a cross country trip with his wife and their three children.Reorganization
In 1989 Ramada Inc. reorganized the company. The hotels and restaurants were sold to New World Development Company. The gaming division was spun off into a new company, called the Aztar Corporation.Wyndham Worldwide
The purchase of Ramada International from Marriott in 2004, gave Cendant the trademark rights to the Ramada name all over the world. Cendant rolled over all of their hospitality division to form Wyndham Worldwide in 2006.Brand Information
There are more than 850 Ramada properties in more then 25 countries. The Ramada brand is considered a mid-priced, marketing to business and leisure travelers. Ranada properties offer a complimentary hot breakfast and has a significant number of properties aren't just smoke free, they are 100% smoke free! Including all guest rooms and private areas as well.-
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Ramada Worldwide Time Line
- 1954: Founded by Marion W. Isbell
- 1954: Opened first motel in Flagstaff, Arizona
- 1986: Marie Callender's sold to Ramada
- 1989: Ramada was acquired by New World Development Co. Ltd., Hong Kong
- 1989: Ramada Inc., divested it restaurants & hotel operations
- 1989: Ramada sold their gaming interests to Aztar Corporation
- 1989: sold Marie Callender's to Wilshire Restaurant Group, Inc.
- 1997: Marriott acquired Ramada International
- 2004: Ramada was sold to Cendant Corporation of New York
- 2006: Cendant spun off their hospitality division to Wyndham Worldwide
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Ramada Worldwide Competitors
- Choice Hotels: Official Site | Wikipedia
- InterContinental Hotels: Official Site | Wikipedia
- Best Western: Official Site | Wikipedia
- Days Inn: Official Site | Wikipedia
- Howard Johnson: Official Site | Wikipedia
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