RIU to Open 252-key Riu Palace St. Martin in June 2014

Converting Recently Acquired Caribbean Resort

. March 18, 2014

March 18, 2014 - RIU Hotels & Resorts has just purchased a luxurious hotel in the French part of the Caribbean island of St. Martin with a 45 million dollar investment. Riu Palace St. Martin will welcome its first guests in June of this year. The new RIU hotel has 252 rooms, an exceptional seafront location at an exclusive cove with wonderful white sand and turquoise waters.

Riu Palace St. Martin offers several restaurants, bars, swimming pools, sports and aquatic activities, a mini-club for the little ones, a complete spa and marina, as well as dream-like places to hold events and weddings.

St. Martin is an exclusive destination. Typical photographs of idyllic beaches that travellers the world over dream about were most likely taken on this tiny, paradisiacal island. With its famous beaches, climate and kind local people, St. Martin has become a highly popular international destination. Most Caribbean cruises make a stop here, and the island offers a range of high-quality restaurants, hotels and leisure activities. Additionally, the beauty and richness of its waters make it a paradise for snorkeling lovers. For further information and reservation: www.riu.com

With this hotel, RIU is increasing their presence in America, where they already have 37 hotels: Mexico (17), Dominican Republic (7), Jamaica (5), Cuba (2), Costa Rica (2), Panama (1), Aruba (1), Bahamas (1) and Miami, USA (1)

About RIU Hotels & Resorts

The international RIU chain was founded in Mallorca by the Riu family in 1953 as a small holiday firm and is still owned by the family's third generation. The company specialises in holiday resorts and nearly 70% of its establishments offer its acclaimed All Inclusive by RIU service. With the inauguration of its first city hotel in 2010, RIU is expanding its range of products with its own line of city hotels called Riu Plaza. RIU Hotels & Resorts now has more than 100 hotels in 16 countries which welcome over 3,5 million guests a year and provide jobs for a total of 27,107 employees. RIU is currently the world's 29th ranked chain, one of the Caribbean's most popular, the largest in Spain in terms of revenue and the third largest in number of rooms.

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