Ramada to Be Moldova’s First Internationally Branded Hotel

Ramada Worldwide, one of the world’s leading international hotel chain’s with nearly 900 locations around the globe, announced that the 140-room Ramada Chisinau City Center property in the Republic of Moldova will be the country’s first internationally branded hotel.

Formerly the Hotel Codru, the seven-story, four-star hotel is owned by US-based Investment Development Group, a privately held investment firm specializing in commercial and residential real estate in Eastern Europe. The property will undergo a multi-million dollar renovation before re-opening as a Ramada hotel in the third quarter of 2010.

Situated in the administrative region of the city near embassies and parliamentary houses, the hotel will include two full-service restaurants, state-of-the-art business and fitness centers, sauna and multiple banquet and meeting spaces. Guestrooms will have an upscale, modern-design and offer a host of amenities including flat-screen, high-definition televisions and high-speed wireless Internet access.

Located in Southeastern Europe between Romania and the Ukraine, Moldova is best known for its rich, black soil, which provides the agriculture foundation of the country’s economy. Its capital, Chisinau, is the country’s largest municipality and serves as its center for industry and commerce.

Ramada Worldwide is a global chain of midscale and upscale hotels featuring single, double and suite accommodations. All properties in the United States, and most properties in other regions, offer continental breakfast, high-speed Internet access, expanded cable television, in-room coffee makers and daily newspaper. Select properties offer on-site restaurants, cocktail lounges, room service, concierge service, meeting and banquet facilities and copy and fax services.

Wyndham Hotel Group, part of the Wyndham Worldwide family of companies, encompasses more than 7,000 hotels and 590,000 rooms in 66 countries under the hotel brands: Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Wingate by Wyndham, Baymont Inn & Suites, Microtel Inns & Suites, Hawthorn Suites, Howard Johnson, Travelodge and Knights Inn.