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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 ...
In 1929, Isbell took a cross-country trip with his wife, Ingrid, when he had the idea of building comfortable roadside inns. In 1954, he made the dream a reality with a group of Phoenix investors and began buying motels. He became chairman of Ramada Inns Inc., a 63-motel chain in 1962. He was chairman until 1973 before retiring in 1979. [2]
By the time Callender sold the company in 1986 to Ramada for a reported $80 million, the chain had grown to 120 locations nationwide. [26] Following the sale, Don remained in the restaurant industry, planning to start a second 21,000 square foot (1950 square meter) Babe's in Indio, California. Unfortunately, health issues forced Callender out ...
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.
It began in 1990 by buying Howard Johnson's and the U.S. rights to the Ramada brand from Prime Motor Inns for $170 million. [2] [3] In 1992, HFS bought the Days Inn franchise out of bankruptcy for $290 million. [4] This purchase made HFS the largest hotel franchisor in the world, with its brands licensed to 2,300 hotels. [5]
In April 2018, the company began rebranding most of its brands to include the Wyndham name, such as "Days Inn by Wyndham", "Ramada by Wyndham", and "Super 8 by Wyndham". [20] On May 30, 2018, Wyndham purchased the La Quinta hotel brand (franchised to 900 hotels with over 89,000 rooms) and its associated management business, for $1.95 billion in ...
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