RIU Hotels

Last updated

RIU Hotels
Company type Private
Industry Tourism industry
Founded1953
Headquarters Mallorca, Spain
Number of locations
103 [1]  (2022)
Key people
Carmen Riu
Luis Riu
Products hotels
Revenue
  • €2.24 billion (2019) [2]
  • €2.114 billion (2018) [3]
Number of employees
31,270 [2]  (2019)
Website riu.com

RIU Hotels & Resorts is a Spanish family-owned hotel chain. The company's business is focused on the holiday hotel sector and over 70% of its establishments offer an all-inclusive service. As of 2014, it was the 30th largest hotel chain in the world. [4] As of 2020, it had 98 locations in 19 countries, 31,270 employees, and 4.9 million customers. [2]

Contents

History

RIU Hotels & Resorts is a Spanish [5] hotel chain founded by the Riu family as a small holiday firm in 1953 in Mallorca, the first hotel being Riu San Francisco in Mallorca. [6] [5] [7] The RIU Hotels & Resorts chain is still run by the Riu family's third generation. [7] It was 49% owned by TUI until the Riu family retook full ownership of the company in May 2021. [8]

Locations

According to RIU's website, RIU operates 103 locations, of which 34 are in Spain and 21 in Mexico. [1] As of 2016, RIU had 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). [9]

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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.
  4. "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.
  5. 1 2 "Acerca de RIU – Historia de la Cadena RIU – Primer Hotel RIU". Riu.com. Retrieved 29 November 2015.
  6. Hernández-Barahona J, San Román E, Gil-López Á. Bricolage and Innovation in the Emergence and Development of the Spanish Tourism Industry. Enterprise & Society. 2023;24(4):1119-1161. doi:10.1017/eso.2022.28
  7. 1 2 Archived 3 January 2010 at the Wayback Machine
  8. "TUI sells RIU stake to focus on holiday experiences". Hospitality Investor. Retrieved 6 June 2023.
  9. "Hotel Riu Plaza New York Times Square". The Daily Telegraph. London. 3 October 2017. Retrieved 30 October 2017.