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RIU consolidates its presence in Andalucía with its first hotel in Marbella

The chain has administered under lease, since November 18, the hotel Rincón Andaluz, a four star establishment with 227 rooms. Two the 5 present hotels, two new establishments in Huelva will be added (under lease) and in Cadiz (owned), in 2000 and 2001 respectively. RIU Hotels billed, in 1999, 90,000 million pesetas and went from 8,000 to 10,000 employees. In the coming financial year, that will end in October 2000, the firm foresees reaching 110,000 million pesetas. The chain has 86 hotels in Spain, Portugal, Dominican Republic, Cuba, Mexico, Tunis, Bulgaria, Cyprus and Morocco.

Riu Hotels: Nota de prensa
 
Date of publication: 26/11/1999

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