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Eden Roc Renaissance Hotel Remains Under Renaissance Management

Posted 10/17/2012 - 1:42:44 PM

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BETHESDA, MD—Marriott International, Inc. has successfully retained a temporary restraining order, signed by a New York State Supreme Court judge, to protect the company and it’s affiliate, Renaissance Hotel Management Company, from attempts to takeover the Eden Roc Renaissance Miami Beach Hotel until a hearing in mid-November.

On Sunday, Oct. 14, the hotel owner tried to replace Renaissance as the manager of the hotel. "The attempted takeover failed,” Marriott’s General Counsel Ed Ryan, said in a statement. “It is business as usual at the hotel, and our employees continue to welcome guests with the exceptional service they have come to expect at the hotel."

Pending the hearing, the temporary restraining order enjoins the hotel owner from engaging in any action to remove, replace, or interfere with Renaissance’s management of the hotel. In legal papers filed in New York, Marriott said that the hotel's owner had "knowingly, wrongfully and materially breached a long-term management agreement with Marriott. Marriott will seek substantial damages from the hotel's owner and its partners for their conduct in damaging the operation and reputation of the hotel and Marriott."

 

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