This article may be unbalanced toward certain viewpoints. (February 2020) |
Company type | Private |
---|---|
Industry | Tourism industry |
Founded | 1953 |
Headquarters | Mallorca, Spain |
Number of locations | 103[1] (2022) |
Key people | Carmen Riu, Luis Riu |
Products | hotels |
Revenue | |
Number of employees | 31,270[2] (2019) |
Website | riu |
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]