Acquisitions & Hotel Openings

RIU to Open Fourth Hotel in Cancun

The new Riu Palace Peninsula, located next to the Riu Caribe, will open its doors after an investment of 140 million dollars

February 2, 2012 - After an investment of 140 million dollars, RIU Hotels & Resortsplans to inaugurate on 4th May, 2012 the Riu Palace Peninsula, a luxurious 24 Hours All Inclusive beach front property located on a spectacular beach in Cancun. This will be the fourth property in the destination as the Spanish hotel chain already has 3 hotels: the Riu Cancun, Riu Caribe and Riu Palace Las Americas.

The Riu Palace Peninsula will belong to the luxury line of the hotel chain, which will be oriented to a more select and discerning clientele. The hotel will be characterised by its architecture and palace style decoration, its high quality cuisine and its renowned 24 Hours All Inclusive programme. The exclusive and luxurious hotel will be the second Riu Palace in the destination and the sixth in Mexico. The hotel will feature 562 rooms which will be located in a building of 17 floors and villas.

"We hope the new Riu Palace Peninsula will give a new push to this destination which recently turned 40 years old. For us, this is another example of the importance that Mexico has in our development plans and the high quality that we seek to offer in this country", stated Luis Riu, CEO of RIU Hotels & Resorts.

Guests will be able to enjoy a rich gastronomic offer from its six specialty restaurants and the main restaurant, which will offer an international buffet and show cooking. Customers can also choose from seven different bars to sample the extensive menu of domestic and international cocktails.

Besides the stunning white sand beach, ideal to relax under the sun or practice all kinds of water sports like windsurfing, kayaking or snorkeling, the hotel offers freshwater swimming pools, one heated for the winter, and one with integrated jacuzzi and swim up bar. The Riu Palace Peninsula will also provide a full entertainment programme during the day, a nightly entertainment show and a full Renova Spa, in which the gym, sauna and jacuzzi are included in the All Inclusive package.

Cancun is world famous for the unparalleled beauty of its white sand beaches, the Mayan culture, for the eco-tourism activities and the hospitality of the Mexican people.

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