Renaissance Hotels is a worldwide brand of hotels and resorts. The brand is owned by Marriott International and many Renaissance Hotels are managed by Marriott, however some are operated under a franchise license. Renaissance Hotels, Resorts and Suites cater to an upmarket segment of the traveling public. While initially acquired by Marriott as a secondary-brand, in recent years Renaissance has established itself as a boutique-like hotel chain. Renaissance Hotels were originally founded as Ramada Renaissance Hotels in 1982 the upscale segment of the Ramada Inns, Inc., which eventually established Renaissance as a stand-alone brand.