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Ramada Hotel Operating Co

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BUSINESS
April 28, 1990 | United Press International
A group of investors led by Wyndham Garden Hotels, a division of Dallas-based Wyndham Hotels & Resorts, said they agreed to buy 11 hotels from Ramada Hotel Operating Co. for $116 million. The properties will be turned into Wyndham-style garden hotels. Wyndham and its partners will spend an additional $14 million to convert and upgrade the hotels, said Mack Koonce, Wyndham's senior vice president of marketing. Ramada, acquired early this year by New World Hotels Ltd.
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BUSINESS
July 6, 1993 | JACK SEARLES
Ventura's Clocktower Inn on Mission Park has been sold and renamed the Ramada Inn on Mission Park. The 49-room downtown facility was purchased by a Los Angeles investment group, according to Vickie Garner, general manager. She said no staff changes are planned. Garner would not disclose the occupancy rate, but said that business has improved since the inn joined the worldwide Ramada chain in mid-June. "We're feeling the benefit of being part of their reservation system," she said.
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BUSINESS
July 6, 1993 | JACK SEARLES
Ventura's Clocktower Inn on Mission Park has been sold and renamed the Ramada Inn on Mission Park. The 49-room downtown facility was purchased by a Los Angeles investment group, according to Vickie Garner, general manager. She said no staff changes are planned. Garner would not disclose the occupancy rate, but said that business has improved since the inn joined the worldwide Ramada chain in mid-June. "We're feeling the benefit of being part of their reservation system," she said.
BUSINESS
April 28, 1990 | United Press International
A group of investors led by Wyndham Garden Hotels, a division of Dallas-based Wyndham Hotels & Resorts, said they agreed to buy 11 hotels from Ramada Hotel Operating Co. for $116 million. The properties will be turned into Wyndham-style garden hotels. Wyndham and its partners will spend an additional $14 million to convert and upgrade the hotels, said Mack Koonce, Wyndham's senior vice president of marketing. Ramada, acquired early this year by New World Hotels Ltd.
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