RIU Hotels
TypePrivate
IndustryTourism industry
Founded1953
HeadquartersMallorca, Spain
Number of locations
103[1] (2022)
Key people
Carmen Riu, Luis Riu
ProductsRiu Hotel, Riu ClubHotel, Riu Palace, Riu Plaza
Revenue
  • €2.24 billion (2019)[2]
  • €2.114 billion (2018)[3]
Number of employees
31,270[2] (2019)
Websiteriu.com
Footnotes / references
clients: 4 million (2015)

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.[4] 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.[2]

Photo of a Riu property

History

RIU Hotels & Resorts is a Spanish[5] hotel chain founded by the Riu family as a small holiday firm in 1953, the first hotel being Riu San Francisco in Mallorca.[5][6] The RIU Hotels & Resorts chain is still run by the Riu family's third generation.[6]

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).[7]

It is the 30th largest hotel chain in the world according to Hotels magazine's 2014 ranking.[8]

Locations

According to RIU's website, RIU operates 103 locations, of which 34 are in Spain and 21 in Mexico.[1]

References

  1. 1 2 "World's Best Destinations – Reserve Hotel". riu.com. RIU Group. Retrieved 20 May 2022.
  2. 1 2 3 "Press Dossier 2020" (PDF). RIU Hotels & Resorts. Palma de Mallorca: RIU Group. 27 January 2020. Archived from the original (PDF) on 13 February 2020. Retrieved 13 February 2020. The number of hotels and resorts exclude the planned RIU Plaza in London.
  3. ↑ "Press Dossier 2019" (PDF). RIU Hotels & Resorts (in Dutch). Palma de Mallorca: RIU Group. 13 March 2019. Archived from the original (PDF) on 13 February 2020. Retrieved 13 February 2020. The number of hotels and resorts exclude the planned RIU Plaza in London.
  4. ↑ "TUI sells RIU stake to focus on holiday experiences". Hospitality Investor. Retrieved 6 June 2023.
  5. 1 2 "Acerca de RIU – Historia de la Cadena RIU – Primer Hotel RIU". Riu.com. Retrieved 29 November 2015.
  6. 1 2 Archived 3 January 2010 at the Wayback Machine
  7. ↑ "Hotel Riu Plaza New York Times Square". The Daily Telegraph. London. 3 October 2017. Retrieved 30 October 2017.
  8. ↑ "THE MORE THINGS CHANGE IN THE GLOBAL HOTEL INDUS- TRY, THE MORE THINGS STAY THE SAME IN HOTELS' ANNU- AL RANKING OF THE WORLD'S BIGGEST HOTEL COMPANIES" (PDF). Marketingandtechnology.com. Retrieved 29 November 2015.
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