renaissance chicago downtown hotel renaissance montreal ... · renaissance paris le republique...
TRANSCRIPT
Step into a local state of mind. Renaissance guests live to seek out new experiences and new stories to share when traveling for
business or pleasure. Renaissance Hotels are eclectic, yet tied together by brand design strategy, guest experience and signature
services as well as central marketing strategies, including an emphasis on guest entertainment and food and beverage experience.
For those guests who relish unscripted moments, Renaissance offers an open invitation to experience the unexpected, inspiring
stories worth retelling.
DISCOVER DEVELOPMENT OPPORTUNITIES WITH RENAISSANCE®
Renaissance Chicago Downtown Hotel
Renaissance Beijing Wangfujing Hotel
Renaissance Montreal Downtown Hotel
DISTRIBUTION UNITS ROOMS(Q1 2020)
North America Open:
North America Pipeline:
Worldwide Open:
Worldwide Pipeline:
87 28,992
8 1,649
176 55,367
30 7,861
TARGET COMPETITORS
Independent/Boutiques
Kimpton
Intercontinental
FR ANCHISE HOTEL PERFORMANCEAs of December 31, 2018
Occupancy:
Average Daily Room Rate:
RevPAR
RevPAR Index
73.2%
$164.08
$120.08
111.3
Renaissance Atlanta Gateway Airport Hotel
Renaissance Paris Le Republique Hotel
Renaissance Charleston Historic District
Renaissance Allentown Hotel Renaissance New York Midtown Hotel
The data above reflects the performance of all 49 franchised Renaissance hotels open and operating in North America for 24 months as of December 31, 2018, for which Smith Travel Research, Inc. has data and which did not undergo material renovations or expansions during the 24 months preceding December 31, 2018. Of the 49 Renaissance hotels, 4 hotels or 49.0% achieved an average occupancy rate equal to or greater than 73.2%; 21 hotels or 42.9% achieved an average daily room rate equal to or greater than $164.08; 21 hotels or 42.9% achieved or exceeded the average RevPAR of $120.08; and 25 hotels or 51.0% achieved an average RevPAR Index equal to or greater than 111.3. There is no assurance that you will do as well. OFFER AND SALE BY PROSPECTUS ONLY. See Item 19 of our Franchise Disclosure Document dated March 31, 2019 for additional details.
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