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Hotel Industry News |
Thursday August 21st, 2008 |
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Osaka's Toyo Hotel re-born as Ramada Osaka |
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Following a comprehensive renovation program, the Toyo Hotel, Osaka has been rebranded as Ramada Osaka and will operate under a franchise agreement with Ramada Worldwide commencing on January 15 2006. |
The well-known hotel has been significantly updated and upgraded. A new concept Italian themed restaurant 'Lampada' opened last September, followed by opening of 'Neuf Neuf' the hotel's all day dining restaurant and lobby lounge and 'Tres Tres Bon' a new concept deli and patisserie in December. A new Japanese restaurant 'Yamato-ya Rinsen' has just opened this January. All guest rooms and banquet rooms will be completely renovated by March 2006. The hotel will have 548 rooms after renovation.
At the Ramada Osaka launch ceremony on 16th of January 2006, Robert Wilson, President of Panorama Hospitality K.K. said, 'This is more than a milestone in this fine hotel's history, it is a new beginning. We are confident our customers and guests will be delighted by the changes and new amenities they will discover at Ramada Osaka. We are also very happy to be commencing a relationship with Ramada Worldwide with this hotel.'
'We are very proud of the efforts of our associates who have worked very hard to transform the Toyo Hotel and give it a name face and a new character. We all look forward to welcoming guests from across Japan and around the world to our reborn hotel.' Said Teruo Ishibiki, Director / Assistant General Manager of Ramada Osaka.
About Panorama Hospitality K.K.
Panorama Hospitality K.K. is a hotel management and consulting company, which manages and operates a portfolio of hotels owned by Morgan Stanley's real estate funds in Japan and the Asia Pacific region. The funds acquired the Ramada Osaka in September 2004. Panorama Hospitality K.K is a wholly owned subsidiary of the Morgan Stanley group.
Morgan Stanley (NYSE: MWD) is a global financial services firm and a market leader in securities, investment management, and credit services. With more than 600 offices in 28 countries, Morgan Stanley connects people, ideas and capital to help clients achieve their financial aspirations.
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Ramada Franchise Systems Inc., a subsidiary of Cendant Corporation (NYSE: CD), is a mid-to upper-mid market chain with properties throughout the United States and Canada. Reservations can be made by calling, toll-free, (800) 2-RAMADA or online at www.ramada.com. |
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