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RIU Hotels facts for kids

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RIU Hotels
Private
Industry Tourism industry
Founded 1953
Headquarters Mallorca, Spain
Number of locations
103 (2022)
Key people
Carmen Riu, Luis Riu
Products hotels
Revenue
  • €2.24 billion (2019)
  • €2.114 billion (2018)
Number of employees
31,270 (2019)

RIU Hotels & Resorts is a Spanish hotel chain founded by the Riu family as a small holiday firm in 1953. It was founded in Mallorca, Spain, and was 49% owned by TUI and run by the third generation of the family. The Riu family retook full ownership of the company in May 2021. The company's business is focused on the holiday hotel sector and over 70% of its establishments offer an all-inclusive service.

With the opening of its first city hotel in 2010, RIU extended its range of products with its own line of city hotels called Riu Plaza. RIU's press dossier for the year 2020 reported that it had 98 locations in 19 countries (apart from the planned RIU Plaza in London), 31,270 employees, and 4.9 million customers.

Hotel Riu Palace, Nuevo Vallarta
Riu Palace in Nuevo Vallarta

History

RIU Hotels & Resorts is a Spanish hotel chain founded by the Riu family as a small holiday firm in 1953, the first hotel being Riu San Francisco in Mallorca. The RIU Hotels & Resorts chain is still run by the Riu family's third generation.

In 2011, RIU Hotels & Resorts launched their new line of Riu Plaza city hotels. These are located in the centre of large cities and cater for both business travelers and tourists. RIU has hotels in Spain, Portugal, Ireland, Germany, Bulgaria, Turkey, Tunisia, Morocco, United States, Mexico, Jamaica, Bahamas, Aruba, Costa Rica, Dominican Republic, Panama, Cape Verde, Mauritius, St. Martin, Senegal, United Arab Emirates and Sri Lanka (2016).

It is the 30th largest hotel chain in the world according to Hotels magazine's 2014 ranking.

Locations

According to RIU's website, RIU operates 103 locations, of which 34 are in Spain and 21 in Mexico.

See also

Kids robot.svg In Spanish: Riu Hotels & Resorts para niños

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