RIU Hotels

RIU Hotels
Company typePrivate
IndustryTourism industry
Founded1953
HeadquartersMallorca, Spain
Number of locations
103[1] (2022)
Key people
Carmen Riu, Luis Riu
Productshotels
Revenue
  • €2.24 billion (2019)[2]
  • €2.114 billion (2018)[3]
Number of employees
31,270[2] (2019)
Websiteriu.com

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]

Riu Palace in Nuevo Vallarta
  1. ^ "World's Best Destinations – Reserve Hotel". riu.com. RIU Group. Retrieved 20 May 2022.
  2. ^ a b c "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.