|This article needs additional citations for verification. (August 2011)|
|Key people||Carmen Riu, Luis Riu|
|Products||Riu Hotel, Riu ClubHotel, Riu Palace, Riu Plaza|
|Revenue||$1.63 billion (Dec 2008)|
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 owned by the Riu family's third generation.
RIU Hotels & Resorts
RIU Hotels & Resorts was founded in Mallorca, Spain, in 1953 as a small summer business for the Riu family, and is currently owned by TUI and run by the third generation of the family. The company's business is focused on the holiday hotel sector and over 60% of its establishments offer an "All Inclusive by RIU" 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 Hotels & Resorts has over 100 hotels in 16 countries, and employs over 25,150 people.
It is 3rd in Spain in terms of revenue and number of rooms (Hosteltur Magazine 2012 Ranking).
In 2010, 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 travellers and tourists.