RIU and Tikida Group to Develop 444-room Riu Palace Tikida Agadir in Morocco

. March 01, 2012

Palma de Mallorca - February 29 2012 - RIU Hotels & Resorts will open its sixth hotel in Morocco, the Riu Palace Tikida Agadir, on March 26th. Because of its natural beauty, exotic culture, spectacular beaches, geographical location and excellent relationship with the Tikida Group since 2002, the hotel chain remains committed to this country where its portfolio has five hotels, three located in the port of Agadir and two in Marrakech.

The Riu Palace Tikida Agadir, an All Inclusive beachfront property of 444 rooms, will be located next to ClubHotel Riu Tikida Dunas, Riu Tikida Beach and Riu Grand Palace Tikida Golf, and will be the fourth resort from the Spanish hotel chain in Agadir.

This luxurious property, surrounded by a lush garden, will feature two heated swimming pools for adults and children, an indoor swimming pool, fitness and spa which will offer special treatments, massages, sauna and hammam. The hotel will also offer guests a wide gastronomic selection, full of flavors and exotic aromas in its four restaurants, entertainment programmes, a mini club for children, and many more services under the renowned All-Inclusive programme by RIU.

Carmen Riu, CEO of RIU Hotels & Resorts, has stated that "Morocco is a fascinating country for its rich culture and exotic traditions. This, together with its landscapes, beaches and great culinary offer, make Morocco a complete tourist destination that every year attracts thousands of tourists”.

M. Marrache and M. Benabbes-Taarji, co-owners of the Tikida Group, assured that “we are very excited about this new opening, the sixth in our long-term partnership with RIU. We are sure that the hotel will be a success, specially counting on the support of the Government of Morocco who is strongly committed to develop the Tourism industry in the country through its strategic plan 'Vision 2020'.”

Thanks to its more then seven miles of golden beach, crystal clear waters and spectacular sunsets, the Moroccan port of Agadir has become the main beach destination in Morocco. For this reason, many tourists choose to travel to this fascinating resort town seeking a holiday full of history and culture.

For further information please visit: www.riu.com

About Tikida:
The Tikida Group was initiated in 1968 by M. Marrache, who was joined by M. Benabbes-Taarji in 1973. They both developed their business in the Incoming services first, then transportation and now mainly as hotels developers and leisure-oriented businesses. Today the Tikida Group represents a total of 2.200 hotel rooms mainly in Marrakech and Agadir.

About RIU Hotels & Resorts:
The international RIU chain was founded 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 sun and sand holiday resorts. More than 50% of its resorts offer RIU's acclaimed all-inclusive by RIU formula. With the inauguration of its first urban hotel in 2010, RIU widens its range of product with a new city hotel product line called Riu Plaza. RIU Hotels & Resorts now has more than 100 hotels in 16 countries and 25,000 employees which welcome over 3.2 million guests a year. RIU is currently the world's 30th ranked chain (according to HOTELS magazine in 2011), one of the Caribbean's most popular and the fourth largest in Spain.

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