Ramada Worldwide, Inc. · Parsippany, NJ United States
Company Description
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This link will open in a new window Travelers in motion can come to rest at Ramada. Ramada Worldwide is a leading hotel franchisor with some 900 locations in more than 25 countries. In the US and Canada the company operates through its Ramada Inn, Ramada Limited, Ramada Plaza, and Ramada Hotel (Canada) brands. Its Ramada Inn hotels cater to the mid-market hospitality segment and typically feature such amenities as swimming pools, lounges, and restaurants, while its Ramada Limited offers fewer amenities for budget-minded travelers. Its small number of Ramada Plaza properties target the upscale segment. The company also has brands specific to international markets. Ramada Worldwide is a subsidiary of hospitality firm Wyndham Worldwide . To read the full description, subscribe now.
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Key Ramada Worldwide, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 200 |
Ramada Worldwide, Inc. Executives
2 executives listed for Ramada Worldwide, Inc.'s Parsippany, NJ location.
| Title | Name & Bio | Contact |
| President | Keith Pierce | Network |
| SVP | Mark Young | Network |
Competition
Competitive Landscape for Ramada Worldwide, Inc.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Ramada Worldwide, Inc. Competitors
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