RIU hotel's CEO, owner faces corruption charges in Miami (2024)

FAQs

What is the Riu controversy? ›

Riu surrendered Monday to face allegations that he doled out free and luxury resort stays to Miami Beach's top building official in exchange for help with the company's large-scale renovation of its South Beach hotel.

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.

The €670m purchase price, including earn-out, implies an enterprise value of €1.5bn for RIU Hotels, with its real estate portfolio comprising 21 properties. Subject to regulatory approval, the transaction is on course to complete in late summer 2021.

Welcome to the Hotel Riu Palace Kukulkan

This Adults Only hotel in Cancun is a great choice for a romantic getaway or a trip with friends, giving you the exclusive RIU 24-hour All-Inclusive service.

The RIU Hotels & Resorts chain is owned by the Riu family's third generation.

Noun. riu m (plural rius) river.

Review: The biggest Riu in the World - Hotel Riu Touareg, Santa Monica - Tripadvisor. Contact accommodation for availability.

Riu Palace hotels add extra luxury, excellence and sophistication to our guests' stays. These hotels are always located right on the beach and offer the best services to guarantee an unsurpassable stay.

Hotel Riu Palace Peninsula | All Inclusive 5 star Hotel Cancun.

Suite success: Hilton continues as the world's most valuable hotel brand as overall sector growth slows. Hilton, with a brand value of USD11. 6 billion, maintains its position as the world's most valuable hotel brand for the ninth consecutive year.

What is the best Riu Palace hotel? ›

The "Palace" resorts are a slight upgrade to the normal RIUs. The liquor is slightly better and the Palace tends to be larger. Stayed at RIU Guanacaste and it was stunning and quite large for not being a Palace resort. They share the same beach and it is not very large.

Situated right on the beach, the Riu Palace Aruba Timeshare is a tropical beachfront Aruba resort. Aruba Timeshare Resorts are the most affordable way to vacation on this beautiful island.

Offering RIU's renowned hospitality and service, the new Riu Palace Aquarelle is set to open its doors on May 4, 2024.

They have happened at Iberostar's property in Cancun and at the company's cluster of resorts 30 miles to the south in Playa del Carmen. And they've happened to guests at other all-inclusive resorts in the region, such as Secrets and the Grand Oasis.

WORLD-FAMOUS ALL INCLUSIVE BEACH RESORTS

BAHAMAS — Following a top-to-bottom renovation, the Riu Palace Paradise Island in the Bahamas has reopened as an adults-only, 24-hour, all-inclusive hotel.

They are both owned by the same company. Riu palace is updated and has a more modern look.